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Thursday 18 May 2017

Income Tax Slab Rate A.Y. 2017-18 (HUF, AOP, BOI, AJP & NRI)

Taxable Income(In Rs)                      Rate
       0 - 2,50,000                                NIL
2,50,001 - 5,00,000                           10%
5,00,001 - 10,00,000                         20%
10,00,001 & above                            30%

*Surcharge @ 15% of Income Tax, When the Taxable Income is more than One crore.
*Marginal Relief in surcharge if any applicable.
*Education Cess @ 3% on total Income Tax (Including Surcharge)

* Note
HUF- Hindu Undivided Family
AOP- Association Of Person
BOI- Body Of Individual
AJP- Artificial Judicial Person
NRI- Non Resident Individual
                                                          

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