R
Rohit Kumar
I want to know the current Income tax slab rates for this year, Please help.
Tax rates depends upon your legal identity, However Assuming you are an Individual resident below the age of 60 years:
Upto Rs 250000 - Nil
2.5 lakhs to 5 Lakhs - 10 % of 2.5 lakhs
5 Lakhs to 10 Lakhs - 20% of 5 Lakhs + Rs 25000
10 Lakhs & above - 30% of Income above 10 Lakhs + Rs 125000
3% cess on total tax
15% surcharge if Income above 1 crore
Thank you for the reply
T&C apply