Income Tax Rates for Individuals Financial Year 2017-18 (Assessment Year 2018-19)

As per new budget announced by Governemnt of India for Financial year 2017-18 (assessment year 2018-19), whose income falls between 50 Lakhs to 1 Crore will be levied a surcharge of 10%. Below table gives the tax slabs for individuals below 60 years. Tax slab for Individuals below 60 years: Income Tax Slab Rate AY … Read more