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% |
Disclaimer: This information is provided for general information purposes only and does not constitute legal advice. Readers should not rely on it as a substitute for specific legal advice in relation to any particular matter.
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