1. For Male Individuals below 60 years of age & HUF
| Income Tax Slabs | Income Tax Rates |
| Where Total Income does not exceed Rs. 2,50,000 | NIL |
| Where the Total Income exceeds Rs. 2,50,000 but does not exceed Rs. 5,00,000 | 10% of the Amount by which it exceeds Rs. 2,50,000 |
| Where the Total Income exceeds Rs. 5,00,000 but does not exceed Rs. 10,00,000 | 20% of the Amount by which it exceeds Rs. 5,00,000 |
| Where the Total Income exceeds Rs. 10,00,000 | 30% of the Amount by which it exceeds Rs. 10,00,000 |
2. For Female Individuals below 60 years of Age
Income Tax Slabs for Males and Females are the same and are as follows:-
| Income Tax Slabs | Income Tax Rates |
| Where Total Income does not exceed Rs. 2,50,000 | NIL |
| Where the Total Income exceeds Rs. 2,50,000 but does not exceed Rs. 5,00,000 | 10% of the Amount by which it exceeds Rs. 2,50,000 |
| Where the Total Income exceeds Rs. 5,00,000 but does not exceed Rs. 10,00,000 | 20% of the Amount by which it exceeds Rs. 5,00,000 |
| Where the Total Income exceeds Rs. 10,00,000 | 30% of the Amount by which it exceeds Rs. 10,00,000 |
3. For all Senior Citizens above 60 years of Age
| Income Tax Slabs | Income Tax Rates |
| Where Total Income does not exceed Rs. 3,00,000 | NIL |
| Where the Total Income exceeds Rs. 3,00,000 but does not exceed Rs. 5,00,000 | 10% of the Amount by which it exceeds Rs. 3,00,000 |
| Where the Total Income exceeds Rs. 5,00,000 but does not exceed Rs. 10,00,000 | 20% of the Amount by which it exceeds Rs. 10,00,000 |
| Where the Total Income exceeds Rs. 10,00,000 | 30% of the Amount by which it exceeds Rs. 10,00,000 |
4. For all Senior Citizens above 80 Years of Age
| Income Tax Slabs | Income Tax Rates |
| Where Total Income does not exceed Rs. 5,00,000 | NIL |
| Where the Total Income exceeds Rs. 5,00,000 but does not exceed Rs. 10,00,000 | 20% of the Amount by which it exceeds Rs. 5,00,000 |
| Where the Total Income exceeds Rs. 10,00,000 | 30% of the Amount by which it exceeds Rs. 10,00,000 |
1. For Co-operative Society
| Income Tax Slabs | Income Tax Rates |
| Where the Total Income does not exceed Rs. 10,000 | 10% of the Income |
| Where the Total Income exceeds Rs. 10,000 but does not exceed Rs. 20,000 | 20% of the Amount by which it exceeds Rs. 10,000 |
| Where the Total Income exceeds Rs. 20,000 | 30% of the Amount by which it exceeds Rs. 20,000 |
Our Recent Comments
Nitin Kumar
Thanks for sharing this information. Its very useful for me. thank you.
Sharma
Very good informative. Keep up
Leave a Comment