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Saturday 20 February 2016

Telangana Income Tax FY 2015-16



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

Savings under various sections 




TS Income Tax FY 2015 - 16 Full Version 4.1 - Download uploaded as on 13.02.2016


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1 comment:

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