FOR INDIAN CITIZENS FOR LAST 3 YEARS
Income Tax Slab Rates for FY 2017-18 (AY 2018-19).
For Individual Tax Payers & HUF (Less Than 60 Years Old) (Both Men & Women)
Income up to Rs 2,50,000 : No tax
Income from Rs 2,50,000 – Rs 5,00,000 : + 5%
Income from Rs 5,00,000 – 10,00,000 : + 20%
Income more than Rs 10,00,000 : + 30%
*Surcharge: 10% of income tax, where total income exceeds Rs.50 lakh up to Rs.1 crore.
*Surcharge: 15% of income tax, where the total income exceeds Rs.1 crore.
*Cess: 3% on total of income tax + surcharge.
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Income Tax Slab Rates for FY 2016-17 (AY 2017-18)
For Individual Tax Payers & HUF (Less Than 60 Years Old) (Both Men & Women)
Income up to Rs 2,50,000 :- No tax
Income from Rs 2,50,000 – Rs 5,00,000 : + 10%
Income from Rs 5,00,000 – 10,00,000 : + 20%
Income more than Rs 10,00,000 : + 30%
*Surcharge: 15% of income tax, where the total income exceeds Rs.1 crore.
*Cess: 3% on total of income tax + surcharge.
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Income Tax Slab Rates for FY 2015-16 (AY 2016-17)
For Individual Tax Payers & HUF (Less Than 60 Years Old) (Both Men & Women)
Income up to Rs 2,50,000 :- No tax
Income from Rs 2,50,000 – Rs 5,00,000 : + 10%
Income from Rs 5,00,000 – 10,00,000 : + 20%
Income more than Rs 10,00,000 : + 30%
*Surcharge: 12% of income tax, where the total income exceeds Rs.1 crore.
*Cess: 3% on total of income tax + surcharge.