Wednesday, December 13, 2017

Income Tax Slab Rates for Defence Personnel - FY 2017-18 (AY 2018-19)

Income Tax Slab Rates for Defence Personnel - FY 2017-18 (AY 2018-19)

INCOME TAX SLAB (FY 2017-2018)

Upto Rs 2.5 Lakh/Nil

Rs.2.5 to 5 Lakh/5% of amount exceeding Rs.2.5 Lakh

Rs.5 Lakh to 10 Lakh/ Rs.12500/- plus 20% of amount exceeding Rs.5 Lakh

More than 10 Lakh/ Rs.1,12,500/- plus 30% of amount exceeding Rs.10 Lakh

Surcharge/10% of Income Tax if taxable income exceeds Rs 50 Lakh

Surcharge/15% of Income Tax in case of income exceeds Rs 1 Cr

Education Cess/3% of Income Tax

1 comment:

Unknown said...

The above information shows that there is no differentisl treatment to defence personsl.
Thank you
V. Padmanabhan

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