Income Tax Basic Exemption Limits AY 2018-19. 5% tax rate for income up to Rs. 500000/- Rebate u/s 87A reduced to Rs. 2500/-
January 26, 2017
budget-2017, Income Tax
Income Tax Basic Exemption Limits AY 2018-19. 5% tax rate for income up to Rs. 500000/- Rebate u/s 87A reduced to Rs. 2500/- As forecasted by ABCAUS, the tax rate has been reduced to 5% for first income tax slab and rebate u/s 87A has been pegged at Rs. …