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INDIAN TAX SLAB ay 2019-20

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INDIAN TAX SLUP OF AY 2019-2020

For normal citizen aged below 60 year

  • RS. 0 to RS. 2,50,000/+  tax =Nil

  • Rs. 2,50,001 to 5,00,000  = 5% tax + 4% cess

  • Rs. 5,00,001 to Rs. 10,00,00 = 20% tax + 4% cess

  • Rs. 10,00,000   and above = 30% + 4% cess
This slab is for normal citizen of India.

For Senior citizen  aged from 60 years but below 80 years

  • RS. 0 to RS. 3,00,000/+  tax =Nil

  • Rs. 3,00,001 to 5,00,000  = 5% tax + 4% cess

  • Rs. 5,00,001 to Rs. 10,00,00 = 20% tax + 4% cess

  • Rs. 10,00,000   and above = 30% + 4% cess
This slab is for senior citizen of India.

For Super senior citizen aged more then 80 years

  • Rs. 0 to 5,00,000  = 5% tax + 4% cess

  • Rs. 5,00,001 to Rs. 10,00,00 = 20% tax + 4% cess

  • Rs. 10,00,000   and above = 30% + 4% cess
This slab is for Super senior citizen of India.
 
Hope this will be helpful to  you.



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