Tax Gyan - The Makeyourtax Blog

Tax Rates for Individuals for FY 2015-16

As per Income Tax Act, taxes are levied depending upon the age and residential status of the assessee. The tax rates may differ in every financial year depending upon the rates which are announced in the budget presented by the Finance Minister in the Parliament. The applicable tax rates for Individuals and HUF as per …

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Taxability of Income of a Non- Resident Individual

In the last article How to determine the residential status of an individual we spoke about how an Individual is determined as a NRI and taxability of income for a NRI .In this article we will take the concept forward and will discuss in brief about taxability of Income of a Non- Resident Individual. The …

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