Taxation

~~with focus on tax education~~

Income Tax Rates

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Salaried Taxpayers
Upto Rs. 200,000
Nil (0%)
Rs. 200,001 - 250,000
0.50%
Rs. 200,001 - 250,000
0.50
Rs. 250,001 - 350,000
0.75
Rs. 350,001 - 400,000
1.50
Rs. 400,001 - 450,000
2.50
Rs. 450,001 - 550,000
3.50
Rs. 550,001 - 650,000
4.50
Rs. 650,001 - 750,000
6.00
Rs. 750,001 - 900,000
7.50
Rs. 900,001 - 1,050,000
9.00
Rs. 1,050,001 - 1,200,000
10.00
Rs. 1,200,000 - 1,450,000
11.00
Rs. 1,450,001 - 1,700,000
12.50
Rs. 1,700,001 - 1,950,000
14.00
Rs. 1,950,001 - 2,250,000
15.00
Rs. 2,250,001 - 2,850,000
16.00
Rs. 2,850,001 - 3,550,000
17.50
Rs. 3,550,001 - 4,550,000
18.50
Rs. 4,550,001 - 8,650,000
19.00
Over Rs. 8,650,000
20.00
In Case of woman taxpayer, no tax shall be charged if her taxable income 
does not exceed Rs.260,000
Non Salaried Taxpayers
Upto Rs. 100,000
Nil
Rs. 100,000 - 110,000
0.50
Rs. 110,000 - 125,000
1.00
Rs. 125,000 - 150,000
2.00
Rs. 150,000 - 175,000
3.00
Rs. 175,000 - 200,000
4.00
Rs. 200,000 - 300,000
5.00
Rs. 300,000 - 400,000
7.50
Rs. 400,000 - 500,000
10.00
Rs. 500,000 - 600,000
12.50
Rs. 600,000 - 800,000
15.00
Rs. 800,000 - 1,000,000
17.50
Rs. 1,000,000 - 1,300,000
21.00
Over Rs. 1,300,000
25.00

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posted @ 9:51 PM,

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