slab rates applied for may 2019
Menu
Slab rates
Replies (2)
Existing slab rate (AY 2018-19)
upto first 2.5 lacs- no tax
next 2.5 lacs 5%
next 5 lacs 20%
above 10 lacs 30%
moreover there is a rebate u/s 87A of rs. 2500 if your income falls below 500000 (revised in budget 2019 from 2500 to amount of Tax applicable for AY 2020-21)
next 2.5 lacs 5%
next 5 lacs 20%
above 10 lacs 30%
moreover there is a rebate u/s 87A of rs. 2500 if your income falls below 500000 (revised in budget 2019 from 2500 to amount of Tax applicable for AY 2020-21)
Recent Threads
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
Related Threads
CAclubindia
