
Complete
guide of Marginal Relief in income tax
This post teaches you
to understand the concept of the marginal relief, steps to work out it and
simple trick to determine marginal relief
So let’s first see concept and steps to calculate
1.
Why Marginal Relief?
The approach of marginal relief is a design to give relaxation
from the levy of surcharge to a taxpayer where total income exceeds marginally above
the...