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Income tax on interest earned on fixed deposit for retired individual less than 50 years

Income Tax - Started By: - sam taxsaver - Dated:- 1-5-2016 Last Replied Date:- 5-5-2016 - Hi All, Could anyone please advise the income tax percentage which is applicable for an individual who is not having any salaried income or any other source of .....

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the Income tax slab for individual upto age 60 is as follows:Income upto 2.5 lacs is exempt2.5 lacs to 5 lacs 10% tax5 lacs to 10 lacs 20%10 lacs and above 30%.Now you can judge under which slab you are covered for taxation. Thanks. - Reply By sam t .....

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