Tax Slab for Financial Year 2015-16 for Individuals

Individual resident aged below 60 years/ HUF/ AOP/ BOI/ Artificial Judicial Person Income Income Tax Rate Where the taxable income does not exceed INR 2,50,000/-. NIL Where the taxable income exceeds INR 2,50,000/- but does not exceed INR 5,00,000/-. 10% of amount by which the taxable income exceeds INR 2,50,000/-. Where the taxable income exceeds…