Income Tax Slabs & Rates for Non-resident : AY 2019-20

Please click on the links below to view the Income Tax Slabs / Income Tax Rates for the AY 2019-20 (applicable on income earned during 01.04.2018 to 31.03.2019) for various categories of Non-resident Income Tax payers.

  1. Non-resident : Individual / HUF / AOP / BOI

    Standard Deduction of ₹ 40,000/- available under Section 16(ia) w.e.f. 1st April 2018 in lieu of Transport Allowance and Reimbursement of Miscellaneous Medical Expenditure to Salaried Tax Payers.

    Income SlabsTax Rates
    i. Where the taxable income does not exceed ₹ 2,50,000/-. NIL
    ii. Where the taxable income exceeds ₹ 2,50,000/- but does not exceed ₹ 5,00,000/-. 5% of amount by which the taxable income exceeds ₹ 2,50,000/-.
    iii. Where the taxable income exceeds ₹ 5,00,000/- but does not exceed ₹ 10,00,000/-. ₹ 12,500/- + 20% of the amount by which the taxable income exceeds ₹ 5,00,000/-.
    iv. Where the taxable income exceeds ₹ 10,00,000/-. ₹ 112,500/- + 30% of the amount by which the taxable income exceeds ₹ 10,00,000/-.

    Surcharge :

    • 10% of the Income Tax, where taxable income is more than ₹ 50 lacs and upto ₹ 1 crore. However, the amount of Income Tax and Surcharge shall not increase the amount of income tax payable on a taxable income of ₹ 50 lacs by more than the amount of increase in taxable income.
    • 15% of the Income Tax, where taxable income is more than ₹ 1 crore. 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.

    health & Education Cess : 4% of the total of Income Tax and Surcharge.

  2. Non-resident : Co-operative Society

    Income Tax :

    Income SlabsTax Rates
    i. Where the taxable income does not exceed ₹ 10,000/-. 10% of the income.
    ii. Where the taxable income exceeds ₹ 10,000/- but does not exceed ₹ 20,000/-. ₹ 1,000/- + 20% of income in excess of ₹ 10,000/-.
    iii. Where the taxable income exceeds ₹ 20,000/- ₹ 3.000/- + 30% of the amount by which the taxable income exceeds ₹ 20,000/-.

    Surcharge : 12% of the Income Tax, where taxable income is more than ₹ 1 crore. 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.

    Health & Education Cess : 4% of the total of Income Tax and Surcharge.

  3. Non-resident : Firm

    Income Tax : 30% of taxable income.

    Surcharge : 12% of the Income Tax, where taxable income is more than ₹ 1 crore. 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.

    Health & Education Cess : 4% of the total of Income Tax and Surcharge.

  4. Non-resident : Corporate (Foreign Company)

    Income Tax :

    • @ 50% of on so much of the taxable income as consist of (a) royalties received from Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern after the 31st day of March, 1961 but before the 1st day of April, 1976; or (b) fees for rendering technical services received from Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern after the 29th day of February, 1964 but before the 1st day of April, 1976, and where such agreement has, in either case, been approved by the Central Government.
    • @ 40% of the balance

    Surcharge :

    The amount of income tax as computed in accordance with above rates, and after being reduced by the amount of tax rebate shall be increased by a surcharge as under

    • At the rate of 2% of such income tax, provided that the taxable income exceeds ₹ 1 crore. 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.
    • At the rate of 5% of such income tax, provided that the taxable income exceeds ₹ 10 crores. However, the amount of Income Tax and Surcharge shall not increase the amount of income tax payable on a taxable income of ₹ 10 crore by more than the amount of increase in taxable income.

    Health & Education Cess : 4% of the total of Income Tax and Surcharge.

You may like to View / Use:

●  Tax Calculator for NRIs - AY 2019-20