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Income Tax Slab for the Financial Year 2022-23

(There is an option to select the 2019-20 old slab.)

Sl. No. Net Income Range Applicable for All Individuals

(Individuals, Senior Citizen, Super Senior Citizen)

Surcharge and Others
1 Upto Rs. 2,50,000 Nil

Health and Education Cess: 4% of income tax

Surcharge:

10% of Income tax if total income > Rs.50 lakh

15% of Income tax if total income > Rs.1 crore

25% of Income tax if total income > Rs.2 crore

37% of Income tax if total income > Rs.5 crore

Rebate under Section 87A: Rs.12,500 for individuals, whose total income between Rs 2.5 lakh to Rs 5 lakh.

2 Rs. 2,50,001 - Rs. 5,00,000 5% of (Total income - 2,50,000)
3 Rs. 5,00,001 - Rs. 7,50,000 Rs. 12,500 + 10% of (Total income - 5,00,000)
4 Rs. 7,50,001 - Rs. 10,00,000 Rs. 37,500 + 15% of (Total income - 7,50,000)
5 Rs. 10,00,001 - Rs. 12,50,000 Rs. 75,000 + 20% of (Total income - 10,00,000)
6 Rs. 12,50,001 - Rs. 15,00,000 Rs. 1,25,000 + 25% of (Total income - 12,50,000)
7 Above Rs. 15,00,000 Rs. 1,87,500 + 30% of (Total income - 15,00,000)

Income Tax Slab for the Financial Year 2021-22

(There is an option to select the 2019-20 old slab.)

Sl. No. Net Income Range Applicable for All Individuals

(Individuals, Senior Citizen, Super Senior Citizen)

Surcharge and Others
1 Upto Rs. 2,50,000 Nil

Health and Education Cess: 4% of income tax

Surcharge:

10% of Income tax if total income > Rs.50 lakh

15% of Income tax if total income > Rs.1 crore

25% of Income tax if total income > Rs.2 crore

37% of Income tax if total income > Rs.5 crore

Rebate under Section 87A: Rs.12,500 for individuals, whose total income between Rs 2.5 lakh to Rs 5 lakh.

2 Rs. 2,50,001 - Rs. 5,00,000 5% of (Total income - 2,50,000)
3 Rs. 5,00,001 - Rs. 7,50,000 Rs. 12,500 + 10% of (Total income - 5,00,000)
4 Rs. 7,50,001 - Rs. 10,00,000 Rs. 37,500 + 15% of (Total income - 7,50,000)
5 Rs. 10,00,001 - Rs. 12,50,000 Rs. 75,000 + 20% of (Total income - 10,00,000)
6 Rs. 12,50,001 - Rs. 15,00,000 Rs. 1,25,000 + 25% of (Total income - 12,50,000)
7 Above Rs. 15,00,000 Rs. 1,87,500 + 30% of (Total income - 15,00,000)

Income Tax Slab for the Financial Year 2020-21

(There is an option to select the 2019-20 old slab.)

Sl. No. Net Income Range Applicable for All Individuals

(Individuals, Senior Citizen, Super Senior Citizen)

Surcharge and Others
1 Upto Rs. 2,50,000 Nil

Health and Education Cess: 4% of income tax

Surcharge:

10% of Income tax if total income > Rs.50 lakh

15% of Income tax if total income > Rs.1 crore

25% of Income tax if total income > Rs.2 crore

37% of Income tax if total income > Rs.5 crore

Rebate under Section 87A: Rs.12,500 for individuals, whose total income between Rs 2.5 lakh to Rs 5 lakh.

2 Rs. 2,50,001 - Rs. 5,00,000 5% of (Total income - 2,50,000)
3 Rs. 5,00,001 - Rs. 7,50,000 Rs. 12,500 + 10% of (Total income - 5,00,000)
4 Rs. 7,50,001 - Rs. 10,00,000 Rs. 37,500 + 15% of (Total income - 7,50,000)
5 Rs. 10,00,001 - Rs. 12,50,000 Rs. 75,000 + 20% of (Total income - 10,00,000)
6 Rs. 12,50,001 - Rs. 15,00,000 Rs. 1,25,000 + 25% of (Total income - 12,50,000)
7 Above Rs. 15,00,000 Rs. 1,87,500 + 30% of (Total income - 15,00,000)

Income Tax Slab for the Financial Year 2019-20

Sl. No. Net Income Range Individual Resident - Age: below 60 years Senior Citizen - Age: 60 years or more but below 80 years Super Senior Citizen - Age: 80 years or more
1 Upto Rs. 2,50,000 Nil Nil Nil
2 Upto Rs. 3,00,000
3 Upto Rs. 5,00,000 5% of (Total income - 2,50,000) 5% of (Total income - 3,00,000)
4 Rs. 5,00,001 - Rs. 10,00,000 Rs. 12,500 + 20% of (Total income - 5,00,000) Rs. 10,000 + 20% of (Total income - 5,00,000) 20% of (Total income - 5,00,000)
5 Above Rs. 10,00,000 Rs. 1,12,500 + 30% of (Total income - 10,00,000) Rs. 1,10,000 + 30% of (Total income - 10,00,000) Rs. 1,00,000 + 30% of (Total income - 10,00,000)

Health and Education Cess: 4% of income tax

Surcharge: 10% of income tax, where total income exceeds Rs.50 lakh up to Rs.1 crore.

Surcharge: 15% of income tax, where the total income exceeds Rs.1 crore.

Rebate under Section 87A: Rs.12,500 for individuals, whose total income between Rs 2.5 lakh to Rs 5 lakh.

Standard Deduction: Rs.50,000 for Salaried Individuals.

Income Tax Slab for the Financial Year 2018-19

Sl. No. Net Income Range Individual Resident - Age: below 60 years Senior Citizen - Age: 60 years or more but below 80 years Super Senior Citizen - Age: 80 years or more
1 Upto Rs. 2,50,000 Nil Nil Nil
2 Upto Rs. 3,00,000
3 Upto Rs. 5,00,000 5% of (Total income - 2,50,000) 5% of (Total income - 3,00,000)
4 Rs. 5,00,001 - Rs. 10,00,000 Rs. 12,500 + 20% of (Total income - 5,00,000) Rs. 10,000 + 20% of (Total income - 5,00,000) 20% of (Total income - 5,00,000)
5 Above Rs. 10,00,000 Rs. 1,12,500 + 30% of (Total income - 10,00,000) Rs. 1,10,000 + 30% of (Total income - 10,00,000) Rs. 1,00,000 + 30% of (Total income - 10,00,000)

Health and Education Cess: 4% of income tax

Surcharge: 10% of income tax, where total income exceeds Rs.50 lakh up to Rs.1 crore.

Surcharge: 15% of income tax, where the total income exceeds Rs.1 crore.

Rebate under Section 87A: Rs.2500 for individuals, whose total income between Rs 2.5 lakh to Rs 3.5 lakh.

Standard Deduction: Rs.40,000 for Salaried Individuals.

Income Tax Slab for the Financial Year 2017-18

Sl. No. Net Income Range Individual Resident - Age: below 60 years Senior Citizen - Age: 60 years or more but below 80 years Super Senior Citizen - Age: 80 years or more
1 Upto Rs. 2,50,000 Nil Nil Nil
2 Upto Rs. 3,00,000
3 Upto Rs. 5,00,000 5% of (Total income - 2,50,000) 5% of (Total income - 3,00,000)
4 Rs. 5,00,001 - Rs. 10,00,000 Rs. 12,500 + 20% of (Total income - 5,00,000) Rs. 10,000 + 20% of (Total income - 5,00,000) 20% of (Total income - 5,00,000)
5 Above Rs. 10,00,000 Rs. 1,12,500 + 30% of (Total income - 10,00,000) Rs. 1,10,000 + 30% of (Total income - 10,00,000) Rs. 1,00,000 + 30% of (Total income - 10,00,000)

Health and Education Cess: 3% of income tax

Surcharge: 12% of income tax, where the total income exceeds Rs.1 crore.

Rebate under Section 87A: Rs.2500 for individuals, whose total income between Rs 2.5 lakh to Rs 3.5 lakh.

Income Tax Slab for the Financial Year 2016-17

Sl. No. Net Income Range Individual Resident - Age: below 60 years Senior Citizen - Age: 60 years or more but below 80 years Super Senior Citizen - Age: 80 years or more
1 Upto Rs. 2,50,000 Nil Nil Nil
2 Upto Rs. 3,00,000
3 Upto Rs. 5,00,000 10% of (Total income - 2,50,000) 10% of (Total income - 3,00,000)
4 Rs. 5,00,001 - Rs. 10,00,000 Rs. 25,000 + 20% of (Total income - 5,00,000) Rs. 20,000 + 20% of (Total income - 5,00,000) 20% of (Total income - 5,00,000)
5 Above Rs. 10,00,000 Rs. 1,25,000 + 30% of (Total income - 10,00,000) Rs. 1,20,000 + 30% of (Total income - 10,00,000) Rs. 1,00,000 + 30% of (Total income - 10,00,000)

Health and Education Cess: 3% of income tax

Surcharge: 12% of income tax, where the total income exceeds Rs.1 crore.

Rebate under Section 87A: Rs.5000 for individuals, whose total income between Rs 2.5 lakh to Rs 5 lakh.

Income Tax Slab for the Financial Year 2015-16

Sl. No. Net Income Range Individual Resident - Age: below 60 years Senior Citizen - Age: 60 years or more but below 80 years Super Senior Citizen - Age: 80 years or more
1 Upto Rs. 2,50,000 Nil Nil Nil
2 Upto Rs. 3,00,000
3 Upto Rs. 5,00,000 10% of (Total income - 2,50,000) 10% of (Total income - 3,00,000)
4 Rs. 5,00,001 - Rs. 10,00,000 Rs. 25,000 + 20% of (Total income - 5,00,000) Rs. 20,000 + 20% of (Total income - 5,00,000) 20% of (Total income - 5,00,000)
5 Above Rs. 10,00,000 Rs. 1,25,000 + 30% of (Total income - 10,00,000) Rs. 1,20,000 + 30% of (Total income - 10,00,000) Rs. 1,00,000 + 30% of (Total income - 10,00,000)

Health and Education Cess: 3% of income tax

Surcharge: 12% of income tax, where the total income exceeds Rs.1 crore.

Rebate under Section 87A: Rs.2000 for individuals, whose total income between Rs 2.5 lakh to Rs 5 lakh.

Income Tax Slab for the Financial Year 2014-15

Sl. No. Net Income Range Individual Resident - Age: below 60 years Senior Citizen - Age: 60 years or more but below 80 years Super Senior Citizen - Age: 80 years or more
1 Upto Rs. 2,50,000 Nil Nil Nil
2 Upto Rs. 3,00,000
3 Upto Rs. 5,00,000 10% of (Total income - 2,50,000) 10% of (Total income - 3,00,000)
4 Rs. 5,00,001 - Rs. 10,00,000 Rs. 25,000 + 20% of (Total income - 5,00,000) Rs. 20,000 + 20% of (Total income - 5,00,000) 20% of (Total income - 5,00,000)
5 Above Rs. 10,00,000 Rs. 1,25,000 + 30% of (Total income - 10,00,000) Rs. 1,20,000 + 30% of (Total income - 10,00,000) Rs. 1,00,000 + 30% of (Total income - 10,00,000)

Health and Education Cess: 3% of income tax

Rebate under Section 87A: Rs.2000 for individuals, whose total income between Rs 2.5 lakh to Rs 5 lakh.

Income Tax Slab for the Financial Year 2013-14

Sl. No. Net Income Range Individual Resident - Age: below 60 years Senior Citizen - Age: 60 years or more but below 80 years Super Senior Citizen - Age: 80 years or more
1 Upto Rs. 2,00,000 Nil Nil Nil
2 Upto Rs. 2,50,000
3 Upto Rs. 5,00,000 10% of (Total income - 2,00,000) 10% of (Total income - 2,50,000)
4 Rs. 5,00,001 - Rs. 10,00,000 Rs. 30,000 + 20% of (Total income - 5,00,000) Rs. 25,000 + 20% of (Total income - 5,00,000) 20% of (Total income - 5,00,000)
5 Above Rs. 10,00,000 Rs. 1,30,000 + 30% of (Total income - 10,00,000) Rs. 1,25,000 + 30% of (Total income - 10,00,000) Rs. 1,00,000 + 30% of (Total income - 10,00,000)

Health and Education Cess: 3% of income tax

Rebate under Section 87A: Rs.2000 for individuals, whose total income between Rs 2 lakh to Rs 5 lakh.

Income Tax Slab for the Financial Year 2012-13

Sl. No. Net Income Range Individual Resident - Age: below 60 years Senior Citizen - Age: 60 years or more but below 80 years Super Senior Citizen - Age: 80 years or more
1 Upto Rs. 2,00,000 Nil Nil Nil
2 Upto Rs. 2,50,000
3 Upto Rs. 5,00,000 10% of (Total income - 2,00,000) 10% of (Total income - 2,50,000)
4 Rs. 5,00,001 - Rs. 10,00,000 Rs. 30,000 + 20% of (Total income - 5,00,000) Rs. 25,000 + 20% of (Total income - 5,00,000) 20% of (Total income - 5,00,000)
5 Above Rs. 10,00,000 Rs. 1,30,000 + 30% of (Total income - 10,00,000) Rs. 1,25,000 + 30% of (Total income - 10,00,000) Rs. 1,00,000 + 30% of (Total income - 10,00,000)

Health and Education Cess: 3% of income tax

Income Tax Slab for the Financial Year 2011-12

Sl. No. Net Income Range Individual Resident - Age: below 60 years Senior Citizen - Age: 60 years or more but below 80 years Super Senior Citizen - Age: 80 years or more
Male Female
1 Upto Rs. 1,80,000 Nil Nil Nil Nil
2 Upto Rs. 1,90,000
3 Upto Rs. 2,50,000
4 Upto Rs. 5,00,000 10% of (Total income - 1,80,000) 10% of (Total income - 1,90,000) 10% of (Total income - 2,50,000) 10% of (Total income - 2,50,000)
5 Rs. 5,00,001 - Rs. 8,00,000 Rs. 32,000 + 20% of (Total income - 5,00,000) Rs. 31,000 + 20% of (Total income - 5,00,000) Rs. 25,000 + 20% of (Total income - 5,00,000) Rs. 25,000 + 20% of (Total income - 5,00,000)
6 Above Rs. 8,00,000 Rs. 92,000 + 30% of (Total income - 8,00,000) Rs. 91,000 + 30% of (Total income - 8,00,000) Rs. 85,000 + 30% of (Total income - 8,00,000) Rs. 85,000 + 30% of (Total income - 8,00,000)

Health and Education Cess: 3% of income tax

Income Tax Slab for the Financial Year 2010-11

Sl. No. Net Income Range Individual Resident - Age: below 60 years Senior Citizen - Age: 60 years or more but below 80 years Super Senior Citizen - Age: 80 years or more
Male Female
1 Upto Rs. 1,60,000 Nil Nil Nil Nil
2 Upto Rs. 1,90,000
3 Upto Rs. 2,40,000
4 Upto Rs. 5,00,000 10% of (Total income - 1,60,000) 10% of (Total income - 1,90,000) 10% of (Total income - 2,40,000) 10% of (Total income - 2,40,000)
5 Rs. 5,00,001 - Rs. 8,00,000 Rs. 34,000 + 20% of (Total income - 5,00,000) Rs. 31,000 + 20% of (Total income - 5,00,000) Rs. 26,000 + 20% of (Total income - 5,00,000) Rs. 26,000 + 20% of (Total income - 5,00,000)
6 Above Rs. 8,00,000 Rs. 94,000 + 30% of (Total income - 8,00,000) Rs. 91,000 + 30% of (Total income - 8,00,000) Rs. 86,000 + 30% of (Total income - 8,00,000) Rs. 86,000 + 30% of (Total income - 8,00,000)

Health and Education Cess: 3% of income tax