WebInsurance Commission (Rates reduced from 10% to 5% from FY 2016-17) 15000: 5%: 5%: 194E: ... 15 Countries which levy Zero Income Tax or Corporate Tax. Dubai Company Formation: 7 Things Indians should Check. AS SEEN ON TV. Tax Benefits on purchase of Property - ET Now Live with Karan Batra. WebMay 5, 2024 · 10%. Income from Rs 5,00,000 – 10,00,000. 20%. Income more than Rs 10,00,000. 30%. Surcharge: ...
Income Tax Rates: AY 2024-18 (FY 2016-17) - Smart Paisa
WebAug 13, 2024 · The amount of income-tax shall be increased by a surcharge at the rate of 10% of such tax, where total income exceeds one crore … WebFeb 29, 2016 · Latest Income Tax Slab Rates for FY 2016-17. The income tax slabs & rates are categorized as below; Individual resident aged below 60 years. Senior Citizen (Individual resident who is of the age of 60 years … incorporating a pto
Relyonsoft Tax slab for FY 2016-17
WebJul 31, 2024 · ET Online. NEW DELHI: The last date for e-filing income-tax returns this year has been extended to August 5. The original deadline for filing income tax returns for FY 2016-17 (AY 2024-18) was July 31, 2024. The extension is a welcome relief for a large number of tax payers struggling to meet the deadline in the face of various problems. WebMar 14, 2016 · The surcharge will be applicable if the income exceeds Rs. 1 Crore at a rate of 15%.Previously it was applicable at the rate of 12%. Educational Cess will be continued at 3%.. 2. Co-operative societies, Firms Local authorities and LLPs: The tax slab for FY 2016-17 for Co-operative societies, Firms Local authorities and LLPs will continue at the same rate … WebMay 3, 2024 · Rs. 1,00,000+30% of the amount in excess of Rs. 10,00,000/-. Rebate u/s 87A. A resident Individual whose Taxable Income does not exceed Rs. 3,50,000 (after deductions), is eligible for rebate of 100 % of Income-tax or Rs.2,500, whichever is lower. Rebate has been reduced from Rs.5000 to Rs.2500 from AY 2024-19. incl3 4h2o