Tax slab
This query is : Resolved
DrRikinShah
(Querist)
24 March 2017
what will be the tax slab for financial year 2016-2017? income upto 5lakh will be taxed 10 or 5?
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
https://taxguru.in/income-tax/income-tax-rate-chart-slabs-for-ay-2017-18-fy-2016-17.html
You can check below link for more details
https://taxguru.in/income-tax/income-tax-rate-chart-slabs-for-ay-2017-18-fy-2016-17.html
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