| INCOME | TAX |
| UPTO 250000 | Nil |
| 250000-500000 | 10% of Income Greater than 250000 |
| 500000-1000000 | 20% of Income Greater than 500000+25000 |
| >1000000 | 30% of Income Greater than 500000+125000 |
(Applicable for ITR of Financial Year 2016-17 (AY 2017-18)
(Applicable for Payroll till 31 March 2017)
Note:- For Senior Citizens (60 years -80 Years),Upto 300000 exempt
Note:- For Super Senior Citizens (80 years or above),Upto 500000 exempt
Rebates
Rebate of Max 2000 5000 if Income between 250000-500000 (New Amendment)
Surcharge
if Income More than 1 Crores,then 15% Surcharge
