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    DETAILED TAX SLABS - FY 2017-18

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    DETAILED TAX SLABS - FY 2017-18

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    4K views1 page

    Detailed Tax Slabs - FY 2017-18

    Uploaded by

    Paymaster Services
    DETAILED TAX SLABS - FY 2017-18

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    NORMAL EMPLOYEES

    INCOME SLABS TAX RATE SURCHG. CESS @ 3% TAX RATE SURCHG. SUB TOTAL CESS TOTAL RATE TAX Rs. SURCHG. SUB TOTAL CESS TOTAL
    0 - 250,000 0% 0% 0% 0 0 0 0 0 0 0 0 0 0
    250,000 - 500,000 5% 0% 0.15% 5 0 5 0.15 5.15 12,500 0 12,500 375 12,875
    500,000 - 1,000,000 20% 0% 0.60% 20 0 20 0.6 20.6 112,500 0 112,500 3,375 115,875
    1,000,000 - 5,000,000 30% 0% 0.90% 30 0 30 0.9 30.9 1,312,500 0 1,312,500 39,375 1,351,875
    5,000,000 - 10,000,000 30% 10% 0.99% 30 3 33 0.99 33.99 2,812,500 281,250 3,093,750 92,813 3,186,563
    10,000,000 - 15,000,000 30% 15% 1.035% 30 4.5 34.5 1.035 35.535 4,312,500 646,875 4,959,375 148,781 5,108,156

    SENIOR EMPLOYEES
    INCOME SLABS TAX RATE SURCHG. CESS @ 3% TAX RATE SURCHG. SUB TOTAL CESS TOTAL RATE TAX Rs. SURCHG. SUB TOTAL CESS TOTAL
    0 - 300,000 0% 0% 0% 0 0 0 0 0 0 0 0 0 0
    300,000 - 500,000 5% 0% 0.15% 5 0 5 0.15 5.15 10,000 0 10,000 300 10,300
    500,000 - 1,000,000 20% 0% 0.60% 20 0 20 0.6 20.6 110,000 0 110,000 3,300 113,300
    1,000,000 - 5,000,000 30% 0% 0.90% 30 0 30 0.9 30.9 1,310,000 0 1,310,000 39,300 1,349,300
    5,000,000 - 10,000,000 30% 10% 0.99% 30 3 33 0.99 33.99 2,810,000 281,000 3,091,000 92,730 3,183,730
    10,000,000 - 15,000,000 30% 15% 1.035% 30 4.5 34.5 1.035 35.535 4,310,000 646,500 4,956,500 148,695 5,105,195

    VERY SENIOR EMPLOYEES


    INCOME SLABS TAX RATE SURCHG. CESS @ 3% TAX RATE SURCHG. SUB TOTAL CESS TOTAL RATE TAX Rs. SURCHG. SUB TOTAL CESS TOTAL
    0 - 250,000 0% 0% 0% 0 0 0 0 0 0 0 0 0 0
    250,000 - 500,000 0% 0% 0.00% 0 0 0 0 0 0 0 0 0 0
    500,000 - 1,000,000 20% 0% 0.60% 20 0 20 0.6 20.6 100,000 0 100,000 3,000 103,000
    1,000,000 - 5,000,000 30% 0% 0.90% 30 0 30 0.9 30.9 1,300,000 0 1,300,000 39,000 1,339,000
    5,000,000 - 10,000,000 30% 10% 0.99% 30 3 33 0.99 33.99 2,800,000 280,000 3,080,000 92,400 3,172,400
    10,000,000 - 15,000,000 30% 15% 1.035% 30 4.5 34.5 1.035 35.535 4,300,000 645,000 4,945,000 148,350 5,093,350

    NOTE:
    1. Relief of Sec 87A available - Tax Amount or Rs.2,500 which ever is lower for Taxable Income up to Rs.3,50,000
    1. Relief of Marginal amount of Surcharge for Taxable Income Greater then Rs.50 Lakh and also for Taxable Income Greater than Rs.1 Crore is available.

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