Income tax slab

Income Tax Slab for Senior Citizens India: Benefits & Deductions

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Tax benefits for Senior citizens

In India retirement age is above 60 years in many of the statutory and compliance documents. And the people who have crossed this age are called senior citizens under Indian statue. A Senior citizen might not have a great advantage in physical sense due to their growing age. But, under Indian tax regime it’s like … Read more

Income Tax Slabs for Financial Year 2016-17

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As per the Union Budget 2016 ,there has been no change in the Income tax slab rates for the financial year 2016-17.The Income tax slabs are the same as that of financial year 2015-16. Income tax is calculated on the Taxable income of an assessee as per the Income tax slab rates that are applicable for the … Read more