GUROOKULAM

The first step for tax planning is to know how much Tax you need to pay! Up to Rs. 2.5 Lakhs     Nil Rs. 2.5 – 5 Lakhs         10% Rs. 5 – 10 Lakhs          20% Above Rs. 10 Lakhs     30% Senior Citizen Up to Rs. 3 Lakhs        Nil Rs. 3 – 5 Lakhs            10% Rs. 5 – 10 Lakhs          20% Above Rs. 10 Lakhs     30% Very Senior Citizens (More than 80 Years of Age)Up to Rs. 5 Lakhs Rs. 5 – 10 Lakhs         Nil Above Rs. 10 Lakhs    20% Education cess of 3% - Surcharge of 15% on Rs 1 crore plus income earners - Tax credit of Rs 5,000 for income up to Rs 5 lakhs u/s 87A - There are no separate slab for male and female Income Tax Slab TaxTa...