WebApr 13, 2024 · central government employees - income tax income tax rates assessment year 2015-2016 relevant to financial year 2014-2015 . i. tax rates for individuals other than ii & iii. ... income slabs: income tax rates: upto rs.3,00,000: nil: rs.3,00,000 to 5,00,000: 10% of the amount exceeding rs.3,00,000: WebIncome Tax Department > Tax Tools > Tax Calculator (As amended upto Finance Act, 2024) Tax Calculator Click here to view relevant Act & Rule. Assessment Year Tax Payer Male / Female / Senior Citizen Residential Status Total Income Income Tax after relief u/s 87A Surcharge Education Cess Secondary and higher education cess Total Tax Liability Reset
Income tax slab rates in India – AY 2016-17 (FY 2015-16)
WebAug 13, 2024 · Latest Income tax Rates for FY 2015-16 The above Income tax rates are for General category (Men / Women who are below 60 years of age). The below table gives you clear idea about Income tax slabs / rates … Web3. For Domestic Companies. Income Tax on Domestic Companies is levied @ 25% for Domestic Companies with a Turnover of less than Rs. 250 Crores and @ 30% in case of companies with turnover over Rs.250 Crores. These reduced income tax rates are applicable from Financial year 2024-19 onwards. bkm real estate bluffton indiana
income tax slab for a.y. 2015-16 - Tax Masala
WebIn the new income tax regime, individuals earning up to INR 7 lakh annually will not pay any income tax as the personal income tax rebate limit has been increased to INR 7 lakh from INR... WebSep 25, 2015 · INCOME TAX RATES (SLABS) FOR FINANCIAL YEAR 2015-16 (ASSESSMENT YEAR 2016-17) For Male Individuals below 60 years (Resident of India) INCOME TAX … WebMay 12, 2024 · ( It was 12% for F.Y.2015-16). * Education Cess : 2% of Total Income tax and surcharge. * Secondary and Higher Education cess: 1% of Income tax and surcharge. (v) Co-operative Society * Surcharge: Surcharge @ 12% of the Income tax where taxable Income is greater than Rs.1 crore. * Education Cess : 2% of Total Income tax and surcharge. bkm photography buffalo ny