4 Replies to “Till what period this income tax slabs should be considered for calculation.?”

  1. yes the tax slabs are for the current financial year. during the next budget it may get changed…

    Up to Rs. 1,50,000/- for Individuals

    Up to Rs. 1,80,000/- for Women &

    Up to Rs. 2,25,000/- for Senior citizens (Age above 65 years)

    TAX = NIL

    Remaining salary up to Rs. 3,00,000/- = 10%

    Remaining Salary up to Rs. 5,00,000/- = 20%

    Remaining Salary above Rs. 5,00,000- = 30%

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