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) | NIL |
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.
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