INCOME TAX SLAB RATES FOR MALE ASSESSEE
FROM ASSESSMENT YEAR 1992-1993 TO ASSESSMENT YEAR 2015-2016
Hello readers, I found many persons searching sites here and there for slab rates of some previous years, purchasing books for the purposae of making assessments or filing return of Income of their clients or Claiming relief under section 89 but cant find true picture so I decided to compile it for you.
ASSESSMENT YEAR 1992-1993 | ||||||
TAXABLE INCOME | TAX PAYABLE | |||||
SLAB RATE | OF THE ASSESSEE | BY ASSESSEE | ||||
INCOME | TAX RATE | |||||
UPTO 22000 | NIL | |||||
22000 TO 30000 | 20% | |||||
30000 TO 50000 | 1600 + 30% | |||||
50000 TO 100000 | 7600 + 40% | |||||
100000 ABOVE | 27600 + 50% | |||||
SURCHARGE | 12% | IF TAXABLE INCOME EXCEEDS Rs.75000 | ||||
STANDARD DEDUCTION | 33 1/3 % OF SALARY OR Rs.12000 WHICHEVER IS LESS |
To download the detailed information on IT slab rates: Click Here