INCOME TAX RATE F.Y 2017-2018 OR ASSESSMENT YEAR 2018-2019

INCOME TAX RATE F.Y  2017-2018 OR  

ASSESSMENT YEAR 2018-2019

Income Tax Slab for Individual Tax Payers & HUF (Less Than 60 Years Old) (Both Men & Women)

INCOME SLAB	TAX RATE
Income up to  Rs. 2,50,000	Nil
Income from Rs. 2,50,000 to Rs. 5,00,000	5%
Income from Rs. ,5,00,000 to Rs. 10,00,000	20%
Income more than Rs. 10,00,000	30%

Surcharge: 10% of Income Tax, where the total income exceeds Rs. 50 lakh to 1 crore.

Surcharge:15 % of Income Tax, where the total income exceeds Rs. 1 crore.  

Cess: 3 %  on total Income Tax+ Surcharge: 

Income Tax Slab for Senior Citizens

INCOME SLAB	TAX RATE
Income up to  Rs. 3,0,000	Nil
Income from Rs. 3,0,000 to Rs. 5,00,000	5%
Income from Rs. ,5,00,000 to Rs. 10,00,000	20%
Income more than Rs. 10,00,000	30%

Surcharge: 10% of Income Tax, where total income exceeds Rs. 50 lakh to 1 crore.

Surcharge:15 % of Income Tax , where the total income exceeds Rs. 1 crore.  

Cess: 3 %  on total Income Tax+ Surcharge: 

Income Tax Slab for Senior Citizens(80 Years Old Or More) (Both Men & Women)

INCOME SLAB	TAX RATE
Income up to  Rs. 2,50,000	Nil
Income from Rs. 2,50,000 to Rs. 5,00,000	Nil
Income from Rs. ,5,00,000 to Rs. 10,00,000	20%
Income more than Rs. 10,00,000	30%

Surcharge: 10% of Income Tax, where total income exceeds Rs. 50 lakh to 1 crore.

Surcharge:15 % of Income Tax , where the total income exceeds Rs. 1 crore.  

Cess: 3 %  on total Income Tax+ Surcharge: