-
Any other Resident Individual,
-
Any HUF (Hindu Undivided Family),
-
AOP(Association of Persons),
-
BOI (Body of Individuals),
-
Artificial Juridical Person,
-
NRI (non Resident Indian),
-
RNOR (Resdient but not ordinarily Resident)
|
Taxable Income |
Tax Payable |
Upto Rs.100,000 |
NIL |
From Rs.100,001 to Rs.150,000 |
10% of income above Rs.100,000 |
From Rs.150,001 to Rs.250,000 |
Rs.5,000 + 20% of income above Rs.150,000 |
Above Rs.250,001 |
Rs.25,000 + 30% of income above Rs.250,000 |
Surcharge (if taxable income exceeds Rs.1,000,000) |
10% of total tax payable |
Education Cess |
2% of (Total tax payable + Surcharge) |
Secondary & Higher Education Cess |
1% of (Total tax payable + Surcharge) |
|