Non-resident individual irrespective of age
| Net income range | Income-tax rates | Health and Education Cess |
|---|---|---|
| Up to Rs. 2,50,000 | Nil | Nil |
| Rs. 2,50,000 – Rs. 5,00,000 | 5% of total income minus Rs. 2,50,000 [*] | 4% of income-tax |
| Rs. 5,00,000 – Rs. 10,00,000 | 20% of total income minus Rs. 5,00,000 | 4% of income-tax |
| Above Rs. 10,00,000 | 30% of total income minus Rs. 10,00,000 | 4% of income-tax |
[*] Rebate under section 87A is available only to a resident individual (whose net income does not exceed Rs. 3,50,000), thus, no rebate is available to a non-resident individual.
Surcharge: Surcharge is levied @ 10% on the amount of income-tax if net income exceeds Rs 50 Lakh but doesn’t exceed Rs. 1 crore and @ 15% on the amount of income tax if net income exceeds Rs. 1 crore. In a case where surcharge is levied, health and education cess of 4% will be levied on the amount of income tax plus surcharge.
However, marginal relief is available from surcharge in such a manner that in the case where net income exceeds Rs. 50 lakh but doesn’t exceed Rs. 1 Crore, the amount payable as income tax and surcharge shall not exceed the total amount payable as income tax on total income of Rs 50 Lakh by more than the amount of income that exceeds Rs 50 Lakhs.
Further, in a case where net income exceeds Rs. 1 crore, marginal relief shall be available from surcharge in such a manner that the amount payable as income tax and surcharge shall not exceed the total amount payable as income-tax on total income of Rs. 1 crore by more than the amount of income that exceeds Rs. 1 crore.