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    • Saturday 2 February 2019

    IT SLABS FOR CURRENT AY 2019-2020 & NEXT AY 2020 -2021

    1. 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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