Income Tax Slabs for FY 2020-21 (AY 2021-22)
Income Tax Slab for FY 2020-21 (AY 2021-22) for Individuals (Men & Women), HUFs, Senior Citizens, Partnership Firm, Domestic Company and Capital Gains effective from April 1, 2020
Income Tax Slab for FY 2020-21 (AY 2021-22) for Individuals (Men & Women), HUFs, Senior Citizens, Partnership Firm, Domestic Company and Capital Gains effective from April 1, 2020
The new reduced tax slab proposed in Budget 2020 may sound great but when analysed with the tax deductions forgone, it may not benefit many
We all hate paying taxes, but like death taxes too are unavoidable! You may not know this but not very long ago (FY 1991-92) the minimum tax rate in India was 20% and the maximum 56%. So if you were in highest tax slab, you would more than half of your income to government, giving
Your income from salary, business or other income like income from fixed/recurring deposits etc are taxed as per income tax slabs. Full Budget 2019 presented on July5, 2019 has made NO changes in the tax slab. The announcement that individuals with income up to Rs 5 Lakh would get full rebate is through Section 87A. There
Learn about the latest Income Tax Slab for AY 2020-21 (FY 2019-20) which determines the tax you pay. Also has tax slabs for earlier years AY 2019-20.