Income Tax Slabs & Rates for Non-Resident
Income Tax Slabs for FY 2019-20 (AY 2020-21)
Non-resident Income Tax Slabs for Individual
| Taxable Income Slab | Income Tax |
| Income Upto Rs. 2,50,000 | NIL |
| 2,50,001 - 5,00,000 | 5% |
| 5,00,001 - 10,00,000 | 20% |
| Above Rs. 10,00,000 | 30% |
| Surcharge*+ Health & Education Cess | 4% |
Note : Benefit of Rebate u/s 87/A not available
Non-resident Income Tax Slabs for Hindu Undivided Families (HUF)
| Taxable Income Slab | Income Tax |
| Income Upto Rs. 2,50,000 | NIL |
| 2,50,001 - 5,00,000 | 5% |
| 5,00,001 - 10,00,000 | 20% |
| Above Rs. 10,00,000 | 30% |
| Surcharge*+ Health & Education Cess | 4% |
Note : Benefit of Rebate u/s 87/A not available
Surcharge Rates:
Non-resident Income Tax Slabs for Association of Persons (AOP)
| Taxable Income Slab | Income Tax |
| Income Upto Rs. 2,50,000 | NIL |
| 2,50,001 - 5,00,000 | 5% |
| 5,00,001 - 10,00,000 | 20% |
| Above Rs. 10,00,000 | 30% |
| Surcharge*+ Health & Education Cess | 4% |
Note : Benefit of Rebate u/s 87/A not available
Non-resident Income Tax Slabs for Body of Individuals (BOI)
| Taxable Income Slab | Income Tax |
| Income Upto Rs. 2,50,000 | NIL |
| 2,50,001 - 5,00,000 | 5% |
| 5,00,001 - 10,00,000 | 20% |
| Above Rs. 10,00,000 | 30% |
| Surcharge*+ Health & Education Cess | 4% |
Note : Benefit of Rebate u/s 87/A not available
Non-resident Income Tax Slabs for Co-Operative Society
| Taxable Income Slab | Income Tax |
| Income Upto Rs. 10,000 | 10% |
| Rs 10,001 - 20,000 | 20% |
| Above Rs 20,000 | 30% |
| Surcharge*+Health & Education Cess | 4% |
Note : Benefit of Rebate u/s 87/A not available
Surcharge Rates
12% Surcharge on Income Tax above 1 Cr Income
Non-resident Income Tax Slabs for Firms
Firm profits are taxable at a flat rate of 30% for FY 2019-20 (AY 2020-21)
Note :
Non-resident Income Tax Slabs for a Foreign Company
Foreign Company's profit shall be charged at a flat rate of 40% for FY 2019-20 (AY 2020-21)
Note :
Also Read: Income Tax Slabs & Rates for Non-resident: FY 2018-19 AY 2019-20
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