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Modified on : 7 August, 2018

Income Tax Slabs & Rates for Non-residents : AY 2017-18

Please click on the links below to view the Income Tax Slabs / Income Tax Rates for the AY 2017-18 (applicable on income earned during 01.04.2016 to 31.03.2017) for various categories of Non-resident Income Tax payers.

Change Assessment Year

Non-resident : Individual / HUF / AOP / BOI

Taxable Income SlabIncome Tax
Where the total income does not exceed ₹ 2,50,000/-.NIL
₹ 2,50,000/- to ₹ 5,00,000/-.10% of (taxable income - 2,50,000).
₹ 5,00,000/- to ₹ 10,00,000/-.₹ 25,000/- + 20% of (taxable income - 5,00,000).
Above ₹ 10,00,000/-.₹ 125,000/- + 30% of (taxable income - 10,00,000).
Surcharge15% of the Income Tax, where total taxable income is more than ₹ 1 crore. Marginal Relief on Surcharge available.
Education Cess3% of (Income Tax + Surcharge).

Co-operative Society

Income Tax :

Taxable Income SlabIncome Tax
Upto ₹ 10,000/-.10% of the income.
₹ 10,000/- to ₹ 20,000/-.₹ 1,000/- + 20% (taxable income - 10,000).
Where the taxable income exceeds ₹ 20,000/-₹ 3,000/- + 30% of (taxable income - 20,000).
Surcharge12% of the Income Tax, where taxable income is more than ₹ 1 crore. Marginal Relief on Surcharge available.
Education Cess3% of (Income Tax + Surcharge).

Firm

Income Tax30% of taxable income.
Surcharge12% of the Income Tax, where taxable income is more than ₹ 1 crore. Marginal Relief on Surcharge available.
Education Cess3% of (Income Tax + Surcharge).

Company other than a Domestic Company

Nature of IncomeTax Rate
Royalty received from Government or an Indian concern in pursuance of an agreement made with the Indian concern after March 31, 1961, but before April 1, 1976, or fees for rendering technical services in pursuance of an agreement made after February 29, 1964 but before April 1, 1976 and where such agreement has, in either case, been approved by the Central Government50%
Any other income40%
Surcharge2% of income tax, where the taxable income exceeds ₹ 1 crore.
5% of income tax, where the taxable income exceeds ₹ 10 crores.
Marginal Relief on Surcharge available.
Education Cess3% of (Income Tax + Surcharge).

Marginal Relief on Surcharge :

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.

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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Important : The above calculator is compiled to enable users / visitors of this site to have a quick and easy online tool for basic calculation. The calculator does not claim to give correct calculation in all circumstances. It is advised that the exact calculation may be made after taking into account all relevant provisions contained in the Income Tax Act and Rules.