new Income Tax Slab FY 17-18 !! INCOME TAX RATE AFTER BUDGET 2017 !!

Namaskar Dosto . Is video me hum income tax slab rate for fy 17-18 ki bat krenge jo ki budget 17-18 me laya gya hai. Iske sath sath hum isko pichle tax salbs se compare krenge . Is tax slab me dosto agar aapki income 3 lakh tak ki h to aapko koi b tax in dena pdega . Taxable income Tax Rate Up to Rs. 2,50,000 Nil Rs. 2,50,000 to Rs. 5,00,000 5% Rs. 5,00,000 to Rs. 10,00,000 20% Above Rs. 10,00,000 30% To umeed hai dosto aapko video pasand ayega Budget has been announced by Mr. Arun Jaitely on 1st Feb’s017 in which INCOME TAX SLAB RATE 2017-18 INCOME TAX RATES (INDIVIDUALS & HUF) (Tax rate for FY 2076-18 and AY 2017-18) has been announced which is as follows: Income Tax Slab Rate 2017-18 1) Income Tax Slab Rate For FY 2017-18 for Individuals and HUF :- Net Taxable Income upto Rs.250000 Tax Rate NIL Net Taxable From Rs.250000 to Rs. 500000 Tax Rate 5% Net Taxable From Rs.500000 to Rs. 1000000 Tax Rate 20% Net Taxable Income Above Rs.100000 Tax Rate 30% Surcharge extra in case income is above Rs.50 Lakhs (From 50 Lakhs to 1 Crores 10% Surcharge and Above 1 Crores 15% surcharge) 2) Income Tax Slab Rate For FY 2017-18 for Senior Citizens Net Taxable Income upto Rs.300000 Tax Rate NIL Net Taxable From Rs.300000 to Rs. 500000 Tax Rate 5% Net Taxable From Rs.500000 to Rs. 1000000 Tax Rate 20% Net Taxable Income Above Rs.100000 Tax Rate 30% Surcharge extra in case income is above Rs.50 Lakhs (From 50 Lakhs to 1 Crores 10% Surcharge and Above 1 Crores 15% surcharge) 3) Income Tax Slab Rate For FY 2017-18 for Super Senior Citizens Net Taxable Income upto Rs.500000 Tax Rate NIL Net Taxable From Rs.500000 to Rs. 1000000 Tax Rate 20% Net Taxable Income Above Rs.100000 Tax Rate 30% Surcharge extra in case income is above Rs.50 Lakhs (From 50 Lakhs to 1 Crores 10% Surcharge and Above 1 Crores 15% surcharge) B) Rebate under Section 27A is now Rs.2500 on Income upto Rs.350000/- C) Penalty on Filing of Return after Due Date (Due Date for Individual and HUF who not have to audit books of accounts is 31st July) Penalty is as follows: 1) Individuals having Income upto Rs.500000/- After 31st July Penalty Rs.1000/- 2) Individuals having Income above Rs.500000/- From 1 August to 31 December Penalty Rs.5000/- After 31 December Penalty Rs.10000/- With proper planning and after getting some basic information about tax you can save your tax easily. For any assistance, Financial Consultancy query or suggestion you can mail me also on [email protected] I hope this video will be helpful for you all. Thank you for watching this video... Do not forget to subscribe and give it thumbs up. Lots of love