Income Tax Slabs or Rates | NRIs/ HUFs/ AOP/ BOI/ AJP | FY 2017-18 | AY 2018-19
The income tax slabs or rates as are applicable for non-resident individuals (NRIs) of all age groups, HUFs, AOPs, BOIs and AJPs, in respect of FY/ PY 2017-18 (AY …
Tag: Tax Slabs / Rates
Income Tax Rates | Local Authorities | FY 2017-18 | AY 2018-19
Income tax rate for Local Authorities, in respect of FY/ PY 2017-18 (AY 2018-19), is 30%, subject to application/ addition of education cess and surcharge.
Education Cess Rates | Income Tax | FY 2017-18 | AY 2018-19
Assessees are required to pay 2% Education Cess and 1% Secondary & Higher Education Cess (total 3%) on the aggregate amount of Income Tax and Surcharge (if applicable), for …
Income Tax Rates | Domestic Companies | FY 2017-18 | AY 2018-19
Income Tax Rates for Domestic Companies/ Indian Companies in respect of FY/ PY 2017-18 (AY 2018-19) are 25% / 30% in case their turnover is upto Rs. 50 crore/ …
Income Tax Slabs or Rates | Resident Individuals | FY 2017-18 | AY 2018-19
Income Tax Slabs or Rates applicable for Resident Individuals (including for Women Assessees) in respect of FY 2017-18 or PY 2017-18 (AY 2018-19), as per the Finance Act, 2017.
Marginal Relief – Surcharge on Income Tax (FY 2017-18/ AY 2018-19)
Assessees can claim marginal relief from surcharge on income tax, to mitigate the effect of additional tax burden which is over and above the actual marginal addition in the …
Income Tax Rebate u/s 87A | Individuals | Income upto Rs. 3,50,000 | FY 2017-18 | AY 2018-19
Section 87A of Income Tax Act, 1961 provides for a tax rebate of upto Rs. 2,500 applicable in the case of resident individuals having taxable income upto Rs. 3,50,000 …
Surcharge Rates | Income Tax | FY 2017-18 | AY 2018-19
Surcharge on Income Tax is payable if taxable income of a taxpayers exceeds a specified threshold limit, e.g. Rs. 50 Lacs/ Individuals, Rs. 1 Crore/ Companies, etc. Also different …
Income Tax Rates | Partnership Firms and LLPs | FY 2017-18 | AY 2018-19
Income tax rate for Partnership Firms (registered/ unregistered) including Limited Liability Partnerships (LLPs) in respect of FY/ PY 2017-18 (AY 2018-19) is 30%, subject to application/ addition of education …
Income Tax Slabs or Rates | Co-operative Societies | FY 2017-18 | AY 2018-19
Income Tax Slabs/ Rates applicable for Co-operative Societies in respect of FY 2017-18/ PY 2017-18 (AY 2018-19), as per Finance Act, 2017.