Hi Experts,
Please let me know the minimum threshold as far as salary income is concerned to be taxable.
Regards
Tanveer Md Masood
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Minimum income ( salary)
Replies (2)
Salary income below Rs. 200,000/- p.a. is not taxable.
W.e.f. Assessment year 14-15 if your salary income comes to Rs.5,00,000 then upto 2,20,000 will not be taxable and if your salary comes to more than Rs.5,00,000 then Upto Rs.2,00,000 will not be taxable.
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