Income tax slab for ay 2016-17 pdf free

Incometax slab rates for individual for fy 201516 ay 201617. But the tax slabs have not been changed for the last few years. However, the surcharge shall be subject to marginal relief where income exceeds one crore rupees, the total amount payable as income. Hdfc life provides the latest income tax rates in india for different age groups and tax benefits offered by various life insurance policies, for the current financial year 201617 save tax with hdfc lifes various online insurance products. Income tax deduction 80c ay 201617 income tax deduction 80gg ay 201617 income tax deduction 80tta ay 201617 pricing. The tax slab for fy 201617 for cooperative societies, firms local authorities and llps will continue at the same rate as the previous financial year. Rates for deduction of incometax at source from salaries, computation of advance tax and charging of incometax in special cases during the financial year 20162017. In the case of firms, the rate of income tax has been specified in paragraph c of part iii of the first schedule to the bill. Latest income tax slabs in india fy 201617 or as 201718. Below are the income tax slab rates for fy 201617 or ay 2017 18.

The surcharge will be applicable if the income exceeds rs. Indian finance minister, shri arun jaitley has tabled today, the union general budget 201617 in the parliament. Download income tax slab for ay 201617 in pdf, download latest income tax slab rates for fy 201516 or income tax slab rates for ay 201617. Download free major itr forms for financial year 201415 itr1, itr2, itr2a, itr4s pdf files, fillable. Hdfc life provides the latest income tax slab rates and deductions in.

The amount of incometax shall be increased by a surcharge at the rate of 12% of such tax, where total income exceeds one crore rupees. Dividends distributed by an indian company are exempt from income tax in the hands of all shareholders. Income tax rate chart income tax slabs as applicable for assessment year 201718 financial year 201617 for individual, huf, aop, boi, partnership firms, llp and companies. This rate will continue to be the same as that specified for financial year 201516. Individuals below 60 yrs income tax slab 201617 ay 201718. Income tax slabs for fy 201617 ay 201718 for firms.

Download income tax slabs for individual, huf, company, aop, foreign company with surcharge details. However, in case of a nonresident individual the tax rates will be same irrespective of his age. Income tax slab 201718 income tax slabs rate chart for assessment year 201718 f. Given below are the various tables for the latest income tax slabs for the fy. Income tax slabs for fy 2016 17 budget 2015 has made no change in the income tax slab. Income tax rates for financial year 201617 tax rates individual. Comparison of income tax slabs for fy 201718 and fy 201617. Here is a primer on income tax slab rates for ay 201617. Latest income tax slab rates for fy 201617 assessment year 20172018 in india. For the assessment year 201617, a partnership firm including llp is taxable at 30%.

We provide you the latest income tax rates in india for everyone and tax. Cooperative societies, firms local authorities and llps. Income tax slab rates for fy 201617 ay 201718 budget. For the purpose of ascertainment of the applicable tax slab, an individual can be. Income tax slab rates for fy 201617 ay 201718 budget 201617. Download pdf files for form 15g, form 15h, form 60, form 61. However it has increased the surcharge from 12% to 15% applicable for income above rs 1 crore. Income tax slabs income tax rates and deductions for fy 2017. Tax slab ay 201617 individualhufboiaopajp india itr. The normal tax rates applicable to a resident individual will depend on the age of the individual. Individuals with taxable income below rs 5,00,000 are allowed to claim a tax rebate of rs 5,000 on tax payable from fy 201617. However, it is proposed to reduce the basic tax rate in the case of companies from 30% to 25% over the next four years, starting from next financial year i.