Saturday 18 February 2017

Income Tax New Slab Rates AY 2018-19



Income Tax Slab rates for the period April 2017 to March 2018
Legal Entity
Income Details
Tax Rate
Surcharge
Cess
Net Tax Rate
Individuals/HUFS/AOP/BOI
 Upto 2.5 Lacs  **





 2.5 Lacs to 5  Lacs
5.00%
               –
0.15%
5.15%

 5 Lacs to 10 Lacs
20.00%
               –
0.60%
20.60%

 10 Lacs to 50 Lacs
30.00%
               –
0.90%
30.90%

 50 Lacs to 1 Crore
30.00%
3.00%
0.99%
33.99%

 > 1 Crore
30.00%
4.50%
1.04%
35.54%






Corporates











Domestic Companies





Turnover ## > 50 Crores
 Upto 1 Crore
30.00%
               –
0.90%
30.90%

 1 Crore to 10 Crore
30.00%
2.10%
0.96%
33.06%

 > 10 Crore
30.00%
3.60%
1.01%
34.61%






Turnover ## < 50 Crores
 Upto 1 Crore
25.00%
               –
0.75%
25.75%

 1 Crore to 10 Crore
25.00%
1.75%
0.80%
27.55%

 > 10 Crore
25.00%
3.00%
0.84%
28.84%






Partnership Firms /LLP’s
 Upto 1 Crore
30.00%
               –
0.90%
30.90%

 > 1 Crore
30.00%
3.60%
1.01%
34.61%







**






If Age is
 Exemption Limit





0-59
 2.5 Lacs





60-79
 3 Lacs





>=80
 5 Lacs












## – Turnover for the period April 2015 to March 2016 is to be considered


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