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Tax Slabs

For Indian Income of an Individual
Slab No Income Tax Slab in RS Tax Percentage
1 0 to 2,50,000 No Tax
2 2,50,001 to 5,00,000 10%
3 5,00,001 to 10,00,000 20%
4 Above 10,00,000 30%
Indian Income of Senior Citizens (Age 60 years but less than 80Years
Slab No Income Tax Slab in RS Tax Percentage
1 0 to 3,00,000 No Tax
2 3,00,001 to 5,00,000 10%
3 5,00,001 to 10,00,000 20%
4 Above 10,00,000 30%
Indian Income of very Senior Citizens (Above 80Years)
Slab No Income Tax Slab in RS Tax Percentage
1 0 to 5,00,000 No Tax
2 5,00,000 to 10,00,000 20%
3 Above 10,00,000 30%