Income Tax Slab Rates For Defence Personnel – FY 2017-18 (AY 2018-19)

Income Tax Slab Rates for Defence Personnel – FY 2017-18 (AY 2018-19)

INCOME TAX SLAB (FY 2017-2018)

• Upto Rs 2.5 Lakh/Nil

• Rs.2.5 to 5 Lakh/5% of amount exceeding Rs.2.5 Lakh

• Rs.5 Lakh to 10 Lakh/ Rs.12500/- plus 20% of amount exceeding Rs.5 Lakh

• More than 10 Lakh/ Rs.1,12,500/- plus 30% of amount exceeding Rs.10 Lakh

• Surcharge/10% of Income Tax if taxable income exceeds Rs 50 Lakh

• Surcharge/15% of Income Tax in case of income exceeds Rs 1 Cr

• Education Cess/3% of Income Tax