What is the rate of Income Tax in your country?
By bhagya
@bhagya (463)
India
3 responses
@karis1980 (576)
• India
21 Jun 07
I am from India and the tax rates in India varies with your income level.
till 150000 - no tax
above that till 250000 10%
above that till some figure 15%
and above that 30%
30% is the last limit of tax.
@violeta_va (4831)
• Australia
17 Aug 07
heri in australia this is for this year : (I mean financial year 1.july 2006 - 30 june 2007
$0- $6.000 - nil
$6.001 - $25.000 - 15c for each $ over $6.000
$25.001 - $75.000 - 2.850 plus 30c for each $ over 25.000
$75.001 - $150.000 - 17.850 plus 40c for each $ over 75.000
$150.001 - and over - 47.850 plus 45c for each $ over 150.000
for next financial year it would be differenet a bit
$0 - $6.000 nil
$6.001 - $30.000 - 15c for each $ over $6.000
$30.001 - $75.000 - 3.600 plus 30c for every $ over 30.000
$75.001 - 150.000 - 17.100 plus 40c for every $ over 75.000
$150.001 and over - 47.100 plus 45c for every $ over 150.000