Home› India› Ministry of Cooperation› Reduction in surcharge on income tax for cooperative societi...
Date: 2026-02-11 Category: Press Release State: Union Government Country: India

Reduction in surcharge on income tax for cooperative societies

Issued by Ministry of Cooperation · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

The surcharge on Income Tax has been reduced from 12% to 7% for co-operative societies having income between ₹ 1 Cr to 10 Cr w.e.f. F.Y: 2022-23. This information was given by Union Minister for Home and Cooperation Shri Amit Shah in a written reply in Rajya Sabha. The release was posted on 11 FEB 2026 3:53PM by PIB Delhi. Release ID: 2226396; Visitor Counter: 124. This release is available in Urdu, Hindi, and Assamese.

Key Entities Referenced

Income Tax: Subject of the surcharge reduction for cooperative societies. cooperative societies: Entities to which the income tax surcharge reduction applies. Ministry of Cooperation: The ministry associated with the announcement.
Official Source Record View Original Source →
See Full Document Text
Ministry of Cooperation Reduction in surcharge on income tax for cooperative societies Posted On: 11 FEB 2026 3:53PM by PIB Delhi The surcharge on Income Tax has been reduced from 12% to 7% for co-operative societies having income between ₹ 1 Cr to 10 Cr w.e.f. F.Y: 2022-23. This information was given by Union Minister for Home and Cooperation Shri Amit Shah in a written reply in Rajya Sabha. ***** AK/AP (Release ID: 2226396) Visitor Counter : 124 Read this release in: Urdu , ही , Assamese

Continue your research

Related Documents from Ministry of Cooperation