Surcharge applies as an extra charge on your income tax once your taxable income crosses ₹50 lakh — this shows how much.
| Taxable Income | Surcharge |
|---|---|
| Up to ₹50,00,000 | Nil |
| ₹50,00,001 – ₹1,00,00,000 | 10% |
| ₹1,00,00,001 – ₹2,00,00,000 | 15% |
| Above ₹2,00,00,000 (New Regime caps here) | 25% |
Under the Old Regime, surcharge can reach 37% for income above ₹5 crore (except certain capital gains/dividend income, capped lower). The New Regime caps maximum surcharge at 25%.