Current tax slab

Q & A ForumCategory: Tax PlanningCurrent tax slab
Dipa asked 9 years ago
Hi i am bit. Confused about this tax slabs With the new budget we have new tax slab. The tax which we have to pay this year ae before 31st July which tax slab is applied? That 5% on 250k -  500k? Or 10% on 250k -  500k?
1 Answers
Sreekanth Staff answered 9 years ago
Hi, For Financial Year 2016-17 (or Assessment year 2017-18), we have to file income tax return and pay taxes (if any) by 31st July, 2017. Kindly go through below article, for tax slab rates ; https://www.relakhs.com/income-tax-slab-rates-for-fy-2016-17-ay-2017-18/
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