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Tuesday, 7 March 2017

Latest Income tax slabs for FY 2017-2018

Latest Income tax slabs for FY 2017-2018
The Latest income tax slabs based on the Union budget presented on 01 February 2017. Calculate your tax based on the tax slabs for year 2017-2018. Detailed split for general, women, senior citizen etc are provided. 


India Income tax slabs 2017-2018 for General tax payers and Women
Income tax slab (in Rs.)
Tax
0 to 2,50,000
No tax
2,50,001 to 5,00,000
5%
5,00,001 to 10,00,000
20%
Above 10,00,000
30%
India Income tax slabs 2017-2018 for Senior citizens (Aged 60 years but less than 80 years)
Income tax slab (in Rs.)
Tax
0 to 3,00,000
No tax
3,00,001 to 5,00,000
5%
5,00,001 to 10,00,000
20%
Above 10,00,000
30%
India Income tax slabs 2017-2018 for very senior citizens (Aged 80 and above)
Income tax slab (in Rs.)
Tax
0 to 5,00,000
No tax
5,00,001 to 10,00,000
20%
Above 10,00,000
30%

Note - No change in Tax slabs from last year. 

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