Nri exemption

Hello Priya,

Tax exemption limit for NRI's is also same as that is set for us.(AY 14-15)

Upto Rs.2,00,000              No Tax

2,00,000-5,00,000           10% of income exceeds 2,00,000.

                                         Less: Tax credit - 10% of taxable income upto a

                                            maximum of Rs.2,000.

5,00,000-10,00,000         30,000+ 20% of income exceeds 5,00,000.

Above 10,00,000             1,30,000+ 30% of income exceeds 10,00,000.

Thanking You