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Govt to review surcharge on super-rich in 2022: Nirmala Sitharaman


Govt increased surcharge from 15 per cent to 25 per cent on taxable income between Rs 2 crore and Rs 5 crore.

The government on Friday decided to withdraw the enhanced surcharge on long term and short term capital gains.

New Delhi: Ruling out any immediate review of enhanced surcharge on super rich, Finance Minister Nirmala Sitharaman on Friday said the matter will be looked into only in 2022, when the country will celebrate the 75th anniversary of independence.

In the 2019-20 Budget, the government increased surcharge from 15 per cent to 25 per cent on taxable income between Rs ...


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