for salaried as well as income from professional
2006-09-28 02:42:48 · 7 answers · asked by sachin p 1 in Business & Finance ➔ Taxes ➔ India
Income Slab Tax Rate
0 - 100000 Nil
100001 - 150000 10%
150001 - 250000 20%
250000 & above 30%
The above slab is for a male individual aged less than 65 years.
For female assesses upto 135000 - Nil Rate, 135000 to 150000 10%, 150001 & above the rates mentioned above are applicable.
For individuals aged 65 yrs & above (completed 65 yrs as on 31.3.2006) upto 185000 - Nil Rate, 185000 to 250000 20%, 250001 & above 30%
2006-10-01 00:55:35 · answer #1 · answered by Raj 1 · 0⤊ 0⤋
earnings tax is exempeted till first rs. 110000 after wards taxable. ultimate Tax saving investments with stable returns are Mutual funds. For extra information of tax slabs see the earnings tax internet site.
2016-10-18 03:17:15 · answer #2 · answered by trowell 4 · 0⤊ 0⤋
To add to Raj's answer:
If your income is above Rs 10 lakha, you also have to pay a 2.5% surcharge on your income tax liability. Marginal relief is available. Education cess @2% is payable on income tax plus surcharge on all income levels.
2006-10-01 02:35:25 · answer #3 · answered by sonali_n 2 · 0⤊ 0⤋
check up this page and click on the first schedule.
2006-09-28 03:18:20 · answer #4 · answered by cvrk3 4 · 0⤊ 0⤋
you can easily google that, with the specific form name
2006-09-28 02:43:54 · answer #5 · answered by guru 5 · 0⤊ 0⤋
please logon www.taxmann.net
from this site you get all things you want
regards rajani
2006-09-29 22:08:24 · answer #6 · answered by rajani 1 · 0⤊ 0⤋
Please refer to www.allindiantaxes.com
2006-09-28 05:59:43 · answer #7 · answered by Anonymous · 0⤊ 0⤋