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Tax slab

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24 March 2017 what will be the tax slab for financial year 2016-2017? income upto 5lakh will be taxed 10 or 5?
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CA Gopal Somani

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CA Gopal Somani (Expert)
24 March 2017 It will be taxed at 10 % only. 5 % is applicable from next year.

You can check below link for more details
http://taxguru.in/income-tax/income-tax-rate-chart-slabs-for-ay-2017-18-fy-2016-17.html

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