Taxable Income-
Tax Amount-
Surcharge u/s 4AB-
Gross Yearly Tax-
Note: If the salary income is less than 75% of total income, then normal business slab rates shall be charged.
Salaried Person Tax Slabs
| # | From | To | Rate |
|---|---|---|---|
| 1 | 0 | 600,000 | 0% |
| 2 | 600,000 | 1,200,000 | 1% |
| 3 | 1,200,000 | 2,200,000 | 11% |
| 4 | 2,200,000 | 3,200,000 | 20% |
| 5 | 3,200,000 | 4,100,000 | 25% |
| 6 | 4,100,000 | 5,600,000 | 29% |
| 7 | 5,600,000 | 7,000,000 | 32% |
| 8 | 7,000,001 | Above | 35% |
Business / AOP Tax Slabs
| # | From | To | Rate |
|---|---|---|---|
| 1 | 0 | 600,000 | 0% |
| 2 | 600,000 | 1,200,000 | 15% |
| 3 | 1,200,000 | 1,600,000 | 20% |
| 4 | 1,600,000 | 3,200,000 | 30% |
| 5 | 3,200,000 | 5,600,000 | 40% |
| 6 | 5,600,000 | Above | 45% |