Good news for income tax assesses.
Proposed income tax slab rates by Central Board of Direct Taxes to be implemented from the next financial year (2017-18)..
There will b 4 slabs unlike 3 at present
Up to 4,00,000 - Nil
4,00,001 - 10,00,000 : 10%
10,00,001 - 15,00,000 : 15%
15,00,001 - 20,00,000 : 20%
20,00,001 & above : 30%
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From India, Delhi
22Proposed income tax slab rates by Central Board of Direct Taxes to be implemented from the next financial year (2017-18)..
There will b 4 slabs unlike 3 at present
Up to 4,00,000 - Nil
4,00,001 - 10,00,000 : 10%
10,00,001 - 15,00,000 : 15%
15,00,001 - 20,00,000 : 20%
20,00,001 & above : 30%
Get your free subscription for Legal Updates
From India, Delhi
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Income tax slab for FY 2014.pdf
Income-Tax-Calc ulator-FY-2009- 10.xls