Tax Rates are vital for all types for persons. It determines the amount of tax a person has to pay to the government. Undermining or overburdening with tax is hazardous. Tax Rates 1. In case of an Individual (resident or non-resident) or HUF or Association of Person or Body of Individual or any other artificial juridical person Assessment Year 2016-17 Surcharge:The amount of income-tax shall be increased by a surcharge at the rate of 12% of such tax, where total income exceeds one [….] Read more at:
http://www.incometaxindia.gov.in/Pages/charts-and-tables.aspx