What is Surcharge?
Surcharge — An extra tax on the income tax itself, levied on high incomes above specified thresholds, on top of the base tax and cess.
In simple terms
A surcharge applies once taxable income crosses ₹50 lakh.
Why Surcharge matters when you invest
Understanding surcharge helps you make better-informed decisions when you invest and trade on ROAR by DP TradeKING. Open a free account to put it into practice — ₹0 delivery brokerage and zero-commission direct mutual funds.
Surcharge — frequently asked questions
What is Surcharge?
An extra tax on the income tax itself, levied on high incomes above specified thresholds, on top of the base tax and cess.
What does Surcharge mean in the stock market?
An extra tax on the income tax itself, levied on high incomes above specified thresholds, on top of the base tax and cess. A surcharge applies once taxable income crosses ₹50 lakh.
Can you give an example of Surcharge?
A surcharge applies once taxable income crosses ₹50 lakh.
Put it into practice — open a free account.
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