Tax

Surcharge

Additional tax on tax for high-income earners — 10% above ₹50L, 15% above ₹1cr, 25% above ₹2cr, 37% above ₹5cr (old regime only).

Definition

Surcharge is an extra percentage charged on the income tax (not income). Slabs: 10% if taxable income exceeds ₹50 lakh, 15% above ₹1 crore, 25% above ₹2 crore, and 37% above ₹5 crore (old regime; new regime caps at 25%).

Marginal relief applies just above each surcharge threshold so that the additional income doesn't trigger a tax larger than the income gain itself. For someone with ₹49.5L → ₹50.5L taxable income, marginal relief kicks in to soften the surcharge cliff.

Example

₹70L taxable in old regime → income tax ~₹19L → surcharge at 10% = ₹1.9L → tax + surcharge = ₹20.9L → 4% cess = ₹21.74L total.

Calculators that use this

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