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Income Tax Slabs And Rates for AY 2019-20 (FY 2018-19)

Income range
(For the age below 60 years on the last day of the previous year)
Income range
(For the age above 60 and below 80 years)
Income range
(For above 80 years)
Income Tax rates
Up to Rs. 2,50,000 Up to Rs. 3,00,000 Up to Rs. 5,00,000 Nil Calculate
Rs. 2,50,000-5,00,000 Rs. 3,00,000-5,00,000 - 5% Calculate
Rs. 5,00,001-10,00,000 Rs. 5,00,001-10,00,000 Rs. 5,00,001-10,00,000 20% Calculate
Above Rs. 10,00,000 Above Rs. 10,00,000 Above Rs. 10,00,000 30% Calculate

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