The finance minister has proposed to slash the tax rate for individuals in the lowest income tax slab – Rs 2.5 lakh to Rs 5 lakh –to 5% instead of 10%. The existing rebate under Section 87A (currently given to people with income up to Rs 5 lakh) is proposed to be reduced to Rs 2500 from the existing Rs 5000 for individuals earning between Rs 2.5 lakh to Rs 3.5 lakh.
Showing posts with label Advance Income Tax Calculator for F.Y 2017-18 and Ass Year 2018-19. Show all posts
Showing posts with label Advance Income Tax Calculator for F.Y 2017-18 and Ass Year 2018-19. Show all posts
Thursday, 27 July 2017
Tuesday, 14 February 2017
The Central Finance Budget published and the Income Tax Slab Rate has changed in the Financial Year 2017-18 and Ass Year 2018-19. Given below the Income Tax Slab Rate as per the Finance Budget. In this Budget has not changed the limit of U/s 80C, but the section 80CCG has abolished from the Financial Year 2017-18.
Given below the Advance Income Tax Calculator in Excel for the Financial Year 2017-18 & Ass Year 2018-19, where you can guess your what will be the Income Tax Liability in the Financial Year 2017-18 & Ass Year 2018-19.
Click here to Download the Automatic Advance Income Tax Calculator in Excel for F.Y.2017-18 & A.Y.2018-19.
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