|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])
|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.