13 April, 2018
With effect from 1st April 2018, the PAYE rates applicable for employees (including non-citizen employees) will be changed as follows.
|
Previous rates |
New rates |
||
|---|---|---|---|
|
Income (Rs.) per month |
Rate |
Income (Rs.) per month |
Rate |
|
0 – 62,500 |
– |
0 – 100,000 |
– |
|
62,501 – 104,167 |
4% |
100,001 – 150,000 |
4% |
|
104,168 – 145,833 |
8% |
150,001 – 200,000 |
8% |
|
145,834 – 187,500 |
12% |
200,001 – 250,000 |
12% |
|
Exceeding 187,501 |
16% |
250,001 – 300,000 |
16% |
|
|
300,001 – 350,000 |
20% |
|
|
|
Exceeding 350,001 |
24% |
|
For further information, please contact:
Savantha De Saram, Partner, D.L.&F. De Saram.
savantha@desaram.com
