Income tax slabs for FY 2018-2019 ( AY 2019-2020) for individual
Income tax slabs for resident individual below 60 years of age Taxable Income slabs Income tax rates Cess Up to INR 2,50,000 NIL INR 2,50,001 to 5,00,000 5% of (INR 5,00,000 – INR 2,50,000) + 4% on tax INR 5,00,001 to 10,00,000 INR 12500 +20% of ( INR 10,00,000-INR 5,00,000) +4% on tax INR 10,00,001 Read more about Income tax slabs for FY 2018-2019 ( AY 2019-2020) for individual[…]