Annual income is more than 2.5 lakh, then know your tax liability

Annual income is more than 2.5 lakh, then know your tax liability

Tax liability on income of Rs 4.5 lakh



new Delhi. Changes in the personal income tax rules in the budget have changed your tax liability for the financial year 2017-18. We are telling you what is your tax liability for the financial year 2016-17 and what will be your tax liability for the fiscal year 2017-18.

Tax liability for those 6 income groups

Moneybhaskar.com has given details of tax liability on income of Rs 4.5 lakh, income of Rs 7.5 lakh, Rs 12.5 lakh in income, Rs 25 lakh in income, Rs 60 lakh in income and Rs 1.5 crore in income.



Education Cess with Tax Liability

The Government imposes 3% Education Cess on your total taxable income. In this way, we are telling you tax liability with education cess

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