| Taxable income slab (Rs.) | Rate (%) |
|---|---|
| Up to 1,50,000 (for men below 65 Yrs) Up to 1,80,000 (for women below 65 Yrs) Up to 2,25,000 (for senior citizens[65 Yrs & above]) | NIL |
| 1,50,001 - 3,00,000 | 10* |
| 3,00,001 - 5,00,000 | 20* |
| Income above 5,00,001 | 30** |
* Education cess is applicable @ 3 per cent on income tax, inclusive of surcharge if there is any.
**A surcharge of 10 per cent of the total tax liability is applicable where the total income exceeds Rs. 10,00,000.
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