Income tax slabs 2018-19 for Individuals & HUF
| Income tax slab (in Rs.) |
Tax percentage |
Education Cess |
Surcharge |
| 0 to 250000 |
Nil |
Nil |
Nil |
| 250001 to 350000 |
5%* |
4% |
Nil |
| 250001 to 500000 |
5% |
4% |
Nil |
| 500001 to 1000000 |
20% |
4% |
Nil |
| 1000001 to 5000000 |
30% |
4% |
Nil |
| 5000001 to 10000000 |
30% |
4% |
10% |
| 10000001 & Above |
30% |
4% |
15% |
*Rebate of Rs.2500 can be claimed by individuals earning between Rs 2.5 lakh and Rs 3.5 lakh u/s87A
Income tax slabs 2018-19- for Senior citizens (Aged 60 years but less than 80 years)
| Income tax slab (in Rs.) |
Tax percentage |
Education Cess |
Surcharge |
| 0 to 300000 |
Nil |
Nil |
Nil |
| 300001 to 350000 |
5%* |
4% |
Nil |
| 300001 to 500000 |
5% |
4% |
Nil |
| 500000 to 1000000 |
20% |
4% |
Nil |
| 1000001 to 5000000 |
30% |
4% |
Nil |
| 5000001 to 10000000 |
30% |
4% |
10% |
| 10000001 & Above |
30% |
4% |
15% |
*Rebate of Rs.2500 can be claimed by individuals earning between Rs 2.5 lakh and Rs 3.5 lakh u/s87A
Income tax slabs 2018-19 - for Very Senior citizens (Above 80 years)
| Income tax slab (in Rs.) |
Tax percentage |
Education Cess |
Surcharge |
| 0 to 500000 |
Nil |
Nil |
Nil |
| 500001 to 1000000 |
20% |
4% |
Nil |
| 1000001 to 5000000 |
30% |
4% |
Nil |
| 5000001 to 10000000 |
30% |
4% |
10% |
| 10000001 & Above |
30% |
4% |
15% |
Surcharge: If the total income exceeds Rs 50 Lakhs but below Rs 1 crore, a surcharge of 10% will be levied. 15% surcharge on income tax if the total income is over and above Rs 1 cr
Income tax slabs 2017-2018 for Individuals & HUF
| Income tax slab (in Rs.) |
Tax percentage |
Education Cess |
Surcharge |
| 0 to 250000 |
Nil |
Nil |
Nil |
| 250001 to 350000 |
5%* |
3% |
Nil |
| 250001 to 500000 |
5% |
3% |
Nil |
| 500001 to 1000000 |
20% |
3% |
Nil |
| 1000001 to 5000000 |
30% |
3% |
Nil |
| 5000001 to 10000000 |
30% |
3% |
10% |
| 10000001 & Above |
30% |
3% |
15% |
* U/S 87A, Tax rebate of Rs 2,500 for individuals with income of up to Rs 3.5 Lakh has been proposed
Income tax slabs 2017-2018 - for Senior citizens (Aged 60 years but less than 80 years)
| Income tax slab (in Rs.) |
Tax percentage |
Education Cess |
Surcharge |
| 0 to 300000 |
Nil |
Nil |
Nil |
| 300001 to 350000 |
5%* |
3% |
Nil |
| 300001 to 500000 |
5% |
3% |
Nil |
| 500000 to 1000000 |
20% |
3% |
Nil |
| 1000001 to 5000000 |
30% |
3% |
Nil |
| 5000001 to 10000000 |
30% |
3% |
10% |
| 10000001 & Above |
30% |
3% |
15% |
* U/S 87A, Tax rebate of Rs 2,500 for individuals with income of up to Rs 3.5 Lakh has been proposed
Income tax slabs 2017-2018 - for Very Senior citizens (Above 80 years)
| Income tax slab (in Rs.) |
Tax percentage |
Education Cess |
Surcharge |
| 0 to 500000 |
Nil |
Nil |
Nil |
| 500001 to 1000000 |
20% |
3% |
Nil |
| 1000001 to 5000000 |
30% |
3% |
Nil |
| 5000001 to 10000000 |
30% |
3% |
10% |
| 10000001 & Above |
30% |
3% |
15% |
Surcharge: If the total income exceeds Rs 50 Lakhs but below Rs 1 crore, a surcharge of 10% will be levied.
15% surcharge on income tax if the total income is over and above Rs 1 cr
India Income tax slabs 2016-2017 for General tax payers and Women
| S. No. |
Income tax slab (in Rs.) |
Tax percentage |
| 1 |
0 to 2,50,000 |
No tax |
| 2 |
2,50,001 to 5,00,000 |
10% |
| 3 |
5,00,001 to 10,00,000 |
20% |
| 4 |
Above 10,00,000 |
30% |
India Income tax slabs 2016-2017 - for Senior citizens (Aged 60 years but less than 80 years)
| S. No. |
Income tax slab (in Rs.) |
Tax percentage |
| 1 |
0 to 3,00,000 |
No tax |
| 2 |
3,00,001 to 5,00,000 |
10% |
| 3 |
5,00,001 to 10,00,000 |
20% |
| 4 |
Above 10,00,000 |
30% |
India Income tax slabs 2016-2017 - for Very Senior citizens (Above 80 years)
| S. No. |
Income tax slab (in Rs.) |
Tax percentage |
| 1 |
0 to 5,00,000 |
No tax |
| 2 |
5,00,001 to 10,00,000 |
20% |
| 3 |
Above 10,00,000 |
30% |
India Income tax slabs 2015-2016 for General tax payers and Women
| S. No. |
Income tax slab (in Rs.) |
Tax percentage |
| 1 |
0 to 2,50,000 |
No tax |
| 2 |
2,50,001 to 5,00,000 |
10% |
| 3 |
5,00,001 to 10,00,000 |
20% |
| 4 |
Above 10,00,000 |
30% |
India Income tax slabs 2015-2016 - for Senior citizens (Aged 60 years but less than 80 years)
| S. No. |
Income tax slab (in Rs.) |
Tax percentage |
| 1 |
0 to 3,00,000 |
No tax |
| 2 |
3,00,001 to 5,00,000 |
10% |
| 3 |
5,00,001 to 10,00,000 |
20% |
| 4 |
Above 10,00,000 |
30% |
India Income tax slabs 2015-2016 - for Very Senior citizens (Above 80 years)
| S. No. |
Income tax slab (in Rs.) |
Tax percentage |
| 1 |
0 to 5,00,000 |
No tax |
| 2 |
5,00,001 to 10,00,000 |
20% |
| 3 |
Above 10,00,000 |
30% |
