What is the tax rate for NRI in India?

Tax Slab for NRIs for AY 2021-22

Income Tax Slab Rate
Up to Rs. 2.50 lakh Nil
Above Rs. 2.50 lakh to Rs. 5.00 lakh 5% of (taxable income – Rs. 2.50 lakh); in case, taxable income is up to Rs. 5 lakh, the tax payable shall be nil on account of Tax Relief under Section 87A

Jul 2, 2021

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