Modified on : 15 June, 2018
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Income Tax Slabs & Rates
Non-resident Individual Tax Payers
for Assessment Years 2016-17

Income Tax Slabs & Rates for non-resident individual tax payers for Assessment Year 2016-17 (applicable on income earned during the year 1st April 2015 to 31st March 2016.)

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Income Tax Slabs & Rates

Taxable IncomeIncome Tax
Upto ₹ 2,50,000/-. NIL
Above ₹ 2,50,000/- and upto ₹ 5,00,000/-. 10% of amount by which the total income exceeds ₹ 2,00,000/-.
Above ₹ 5,00,000/- and upto ₹ 10,00,000/-. ₹ 25,000/- + 20% of the amount by which the total income exceeds ₹ 5,00,000/-.
Above ₹ 10,00,000/-. ₹ 125,000/- + 30% of the amount by which the total income exceeds ₹ 10,00,000/-.

Surcharge

12% of the Income Tax, where total taxable income is more than ₹ 1 crore. (Marginal Relief in Surcharge, if applicable)

Education Cess

3% of the total of Income Tax and Surcharge.

* Marginal Relief :

When an assessee's taxable income exceeds ₹ 1 crore, he is liable to pay Surcharge at prescribed rates mentioned above on Income Tax payable by him. However, the amount of Income Tax and Surcharge shall not increase the amount of income tax payable on a taxable income of ₹ 1 crore by more than the amount of increase in taxable income.

Marginal Relief in Surcharge :

Example

In case of an individual assesseee (< 60 years) having taxable income of ₹ 1,00,01,000/-

1. Income Tax₹ 28,25,300
2. Surcharge @12% of Income Tax₹ 3,39,036
3. Income Tax on income of ₹ 1 crore₹ 28,25,000
4. Maximum Surcharge payable
(Income over ₹ 1 crore less income tax on income over ₹ 1 crore)
₹ 700/- (1000 - 300)
5. Income Tax + Surcharge payable₹ 28,26,000
6. Marginal Relief in Surcharge₹ 3,38,336/- (339036 - 700)

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