Saturday, February 2, 2019

The Income Tax Slabs for FY 2019-20


                Tax Rates for an Individuals for the AY 2019-20:

Tax Rates for Individuals

Income

Rates of Income Tax

Individual (Age less than 60 Years)

Senior Citizen (Age above 60 Years)

Super Senior Citizen (Age above 80 Years)
1.
Up to Rs. 2,50,000
Nil
Nil
Nil
2.
Rs. 2,50,000 to Rs. 3,00,000
5%
Nil
Nil
3.
Rs. 3,00,000 to Rs. 5,00,000
5%
5%
Nil
4.
Rs. 5,00,000 to Rs. 10,00,000
20%
20%
20%
5.
Above Rs. 10,00,000
30%
30%
30%

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