Sentences with phrase «current income tax slab»

But you may not have to pay any income tax on this option where if you could have invested this money in other financial product, your income would attract income tax as per the current income tax slab in India.

Not exact matches

With the right kind of tax planning to save taxes, exemptions are deducted from the gross total income and income tax is charged as per the current tax slab on the balance income.

Below are current tax slabs whose information is very necessary for an individual as it determine the category of tax rate you fall under and rate of tax which will be charged on your taxable income.