|Taxable income slab (Rs.)||Rate (%)|
|Up to 1,10,000|
Up to 1,45,000 (for women)
Up to 1,95,000 (for resident individual of 65 years or above)
|1,10,000 - 1,50,000||10*|
|1,50,001 - 2,50,000||20*|
|2,50,001 & above||30**|
*A surcharge of 10 per cent of the total tax liability is applicable where the total income exceeds Rs 1,000,000.
*Education cess is applicable @ 3 per cent on income tax, inclusive of surcharge if there is any.