With effect from 1st April 2018, the PAYE rates applicable for employees (including non-citizen employees) will be changed as follows.
Previous rates
Income (Rs.) per month | Rate |
---|---|
0 – 62,500 | - |
62,501 – 104,167 | 4% |
104,168 – 145,833 | 8% |
145,834 – 187,500 | 12% |
Exceeding 187,501 | 16% |
New rates
Income (Rs.) per month | Rate |
---|---|
0 – 100,000 | - |
100,001 – 150,000 | 4% |
150,001 – 200,000 | 8% |
200,001 – 250,000 | 12% |
250,001 – 300,000 | 16% |
300,001 – 350,000 | 20% |
Exceeding 350,001 | 24% |