What is the tax slab for 15 lakhs?
What is the tax slab for 15 lakhs?
Frequently Asked Questions ( FAQ’s )
| Income Slab | Applicable Tax Rate |
|---|---|
| Above Rs 7.5 lakh and up to Rs 10 lakh | 15% |
| Above Rs 10 lakh and up to Rs 12.5 lakh | 20% |
| Above Rs 12.5 lakh and up to Rs 15 lakh | 25% |
| Above Rs 15 lakh | 30% |
What are tax slabs in Pakistan?
Personal income tax rates
| Taxable income (PKR) | Tax on excess (%) | |
|---|---|---|
| 0 | 600,000 | 0 |
| 600,000 | 1,200,000 | 5 |
| 1,200,000 | 1,800,000 | 10 |
| 1,800,000 | 2,500,000 | 15 |
What is the tax on 15k?
Income Tax Calculator California If you make $15,000 a year living in the region of California, USA, you will be taxed $1,573. That means that your net pay will be $13,428 per year, or $1,119 per month. Your average tax rate is 10.5% and your marginal tax rate is 34.1%.
Are there new income tax slab rates in Pakistan?
The new figures of income tax slab rates for salaried class in Pakistan 2020-21 will provide a huge amount of money in govt fisc. Now Pakistan govt tries different tactics to improve the collection of tax. For the reason that this money is very important for progress; with the help of this amount, many projects are being completed.
Which is the tax slab for FY 2014-15?
1. 2. income tax, income tax return, tax filing, income tax slab, tax rate, tax slab, ay 2015-16, fy 2014-15 This article explains about the various income tax, surcharge and education cess applicable to an Indivudal of different age for the financial year 2014-15 or assessment year 2015-16. Not filed yet?
What are the tax rates for personal income in Pakistan?
Personal income tax rates Taxable income (PKR*) Taxable income (PKR*) Tax on column 1 (PKR) Percentage on excess (%) Over Not Over 0 400,000 0% 400,000 600,000 5% 600,000 1,200,000 10,000 10%
What are the income tax rates for 2014-15?
As per the Finance (No. 2) Act, 2014, Rates of Income Tax Applicable for the financial year 2014-15 (i.e. Assessment Year 2015-16) are as under: A. Normal Rates of tax (applicable to all Individuals/HUF who are less than 60 years of age) 1. 2. 3. Rs. 25,000/- + 20 per cent of the amount in excess of Rs. 5,00,000/- 4.