Profit on Debt (Section 7B) 2024
Profit Amount | Tax Rate |
---|---|
Up to Rs.300,000 | 0% |
Rs.300,001 to Rs.500,000 | 5% of the exceeding amount |
Above Rs.500,000 | 15% of the gross amount |
Profit Amount | Tax Rate |
---|---|
Up to Rs.300,000 | 0% |
Rs.300,001 to Rs.500,000 | 5% of the exceeding amount |
Above Rs.500,000 | 15% of the gross amount |
WhatsApp us