Note: The author is not really CPA or tax technician. This article is for general information purposes, and will not be construed as tax advice. Readers are strongly asked to consult their tax professional regarding their personal tax situation. 3 A 3. All individuals transfer pricing fork out tax @ 15.00 % of salary over first Rs. 4,00,000/-. No slabs, no deductions, no exemptions, no incentives and no allowances.No distinction in the nature and income source. ...