LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS

Read in App
Business News » India News

Income tax rate slashed: We help you calculate your new tax!

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Income tax rate slashed: We help you calculate your new tax!
Finance Minister Arun Jaitley. Pic: IANS
Written By: ZeeBiz WebTeam
Updated: Wed, Feb 01, 2017
08:46 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Crackdown on income tax evaders! Critical notification by CBDT on evasion, Benami Property, Black Money - PAN, Aadhaar not needed, just do this online now Crackdown on income tax evaders! Critical notification by CBDT on evasion, Benami Property, Black Money - PAN, Aadhaar not needed, just do this online now
Income Tax: Confirmed! Important ITR refund status message update from I-T department Income Tax: Confirmed! Important ITR refund status message update from I-T department
Budget 2021 Markets Want More: How FM Sitharaman can make investments more attractive - Expert Deepak Jasani explains Budget 2021 Markets Want More: How FM Sitharaman can make investments more attractive - Expert Deepak Jasani explains

Finance Minister Arun Jaitley on Wednesday said that income tax for individuals earning up to Rs 5 lakh per year will not have to pay income tax. 

He said, that existing rate of taxation for individual assesses between income of Rs 2.5 lakhs to 5 lakhs has been nreduced to 5% from the present rate of 10%.

Use this calculator to figure out your new income tax! 

CLICK HERE.

Other key highlights:

Surcharge of 10% of tax payable on categories of individuals whose annual taxable income is between `50 lakhs and ` 1 crore

Simple one-page form to be filed as Income Tax Return for the category of individuals having taxable income upto ` 5 lakhs other than business income

Appeal to all citizens of India to contribute to Nation Building by making a small payment of 5% tax if their income is falling in the lowest slab of 2.5 lakhs to 5 lakhs

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Income taxBudget 17-18budget 2017-18key highlightsBudget 2017-18 newsTax slabsEconomy
RELATED NEWS
Crackdown on income tax evaders! Critical notification by CBDT on evasion, Benami Property, Black Money - PAN, Aadhaar not needed, just do this online now Crackdown on income tax evaders! Critical notification by CBDT on evasion, Benami Property, Black Money - PAN, Aadhaar not needed, just do this online now
Income Tax: Confirmed! Important ITR refund status message update from I-T department Income Tax: Confirmed! Important ITR refund status message update from I-T department
Budget 2021 Markets Want More: How FM Sitharaman can make investments more attractive - Expert Deepak Jasani explains Budget 2021 Markets Want More: How FM Sitharaman can make investments more attractive - Expert Deepak Jasani explains
Income Tax returns: Earning money from YouTube, Facebook, Twitter? MUST know this Social Media ITR filing rule Income Tax returns: Earning money from YouTube, Facebook, Twitter? MUST know this Social Media ITR filing rule
Income Tax dept raids 28 properties of Tamil Nadu evangelist Paul Dhinakaran over alleged tax evasion Income Tax dept raids 28 properties of Tamil Nadu evangelist Paul Dhinakaran over alleged tax evasion

LATEST NEWS

FD Calculator - SBI vs HDFC vs ICICI Bank: Which will give more return for your fixed deposit money?

PPF vs NPS: Very detailed comparison for retirement fund - EXPLAINED

SBI to HDFC Bank, Escorts, Bajaj Finance, Kotak Bank, Cipla to SBI Life - The “Make or Break” Union Budget - Expectations 2021-22

Bitcoin, cryptocurreny inflows hit record last week - CoinShares

GAIL plans to launch pipeline InvIT before Co split

Budget 2021: Tax cuts, fiscal deficit, public spending, GDP, expenditure to ARMs - what is in front of FM Nirmala Sitharaman

Farmers storm Red Fort, clashes and teargas as R-Day tractor parade turns violent

Kangana Ranaut: Indians supporting farmers' protests are ''terrorists'', should be jailed

RBI Grade B 2021 Notification News: Bumper vacancies at Reserve Bank of India! Check how to apply online at rbi.org.in

Stock Market Holidays 2021 India: Sensex, Nifty, other markets closed today for Republic Day celebration

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved