calculate_surcharge
Calculate surcharge and marginal relief on base tax based on total income and tax regime. Determines additional tax due when income exceeds thresholds.
Instructions
Calculate surcharge and marginal relief for a given income and base tax.
Use when computing surcharge as a standalone calculation, separate from the full income tax tool. The income tax tool uses this logic internally.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| total_income | Yes | Total income in rupees | |
| base_tax | Yes | Base tax amount before surcharge | |
| regime | Yes | 'new' or 'old' tax regime |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||