Untitled Document
| Know your Tax Rates |
| Tax Slabs for Individuals |
| Profile |
Tax Slabs |
Tax Rate |
Surcharge |
Education Cess |
| Senior Citizens (65 years or more) |
Up to 1,95,000 |
Nil |
Nil |
Nil |
| |
1,95,001 – 2,50,000 |
20% |
Nil |
3% of income tax |
| |
2,50,001 - 10,00,000 |
30% |
Nil |
3% of income tax |
| |
Above Rs. 10,00,000 |
30% |
10% of income tax (Note 1) |
3% of income tax and surcharge |
| Resident Women (below 65 years) |
Up to 1,45,000 |
Nil |
Nil |
Nil |
| |
1,45,001 - 1,50,000 |
10% |
Nil |
3% of income tax |
| |
1,50,001- 2,50,000
|
20% |
Nil |
3% of income tax |
| |
2,50,001 – 10,00,000
|
30% |
Nil |
3% of income tax |
| |
Above Rs. 10,00,000
|
30% |
10% of income tax (Note 1) |
3% of income tax and surcharge |
| Any other individual |
Up to 1,10,000 |
Nil |
Nil |
Nil |
| |
1,10,001 – 1,50,000
|
10% |
Nil |
3% of income tax |
| |
1,50,001-2,50,000
|
20% |
Nil |
3% of income tax |
| |
2,50,001 – 10,00,000
|
30% |
Nil |
3% of income tax |
| |
Above Rs. 10,00,000
|
30% |
10% of income tax (Note 1) |
3% of income tax and surcharge |
|
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| Notes: |
| 1. Surcharge of 10% on income tax will be levied if the total income of individuals exceed 10,00,000 |
| 2. Education Cess is 2 per cent of income-tax (after rebate under section 88E) and surcharge. |
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