Andrahrapradesh State Employees Income Tax Financial Year 2015-16 Assessment Year 2016-17
Employees planing to save their taxable income by investments as per sections first we look into slab rates and savings limits.
Taxable Income range
|
Income-tax rates
|
Education Cess
|
Secondary and higher Education Cess
|
Up to Rs. 2,50,000
|
Nil
|
Nil
|
Nil
|
Rs. 2,50,000 – Rs. 5,00,000
|
10% on above Rs.2,50,000 income
|
2% of income-tax
|
1% of income-tax
|
Rs. 5,00,000 – Rs. 10,00,000
|
Rs. 25,000 + 20% on Rs. 5,00,000 above income
|
2% of income-tax
|
1% of income-tax
|
Above Rs. 10,00,000
|
Rs. 1,25,000 + 30% on Rs. 10,00,000 above income
|
2% of income-tax
|
1% of income-tax
|
Very good points you wrote here..Great stuff...I think you've made some truly interesting points.Keep up the good work. Offer In Compromise Lawyer
ReplyDeleteI am noticed in your "IT 2016-17 Software" CPS Amount in Deductions and also in Savings is it right sir.
ReplyDeleteGreat Information sharing .. I am very happy to read this article .. thanks for giving us go through info.Fantastic nice. I appreciate this post. Estonian company liquidation
ReplyDelete