| 1 |
Where taxable income does not exceed Rs. 600,000 |
0% |
| 2 |
Where taxable income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000 |
5% of the amount exceeding Rs. 600,000 |
| 3 |
Where taxable income exceeds Rs. 1,200,000 but does not exceed Rs. 2,200,000 |
Rs. 30,000 + 15% of the amount exceeding Rs. 1,200,000 |
| 4 |
Where taxable income exceeds Rs. 2,200,000 but does not exceed Rs. 3,200,000 |
Rs. 180,000 + 25% of the amount exceeding Rs. 2,200,000 |
| 5 |
Where taxable income exceeds Rs. 3,200,000 but does not exceed Rs. 4,100,000 |
Rs. 430,000 + 30% of the amount exceeding Rs. 3,200,000 |
| 6 |
Where taxable income exceeds Rs. 4,100,000 |
Rs. 700,000 + 35% of the amount exceeding Rs. 4,100,000 |