Income Tax Slab Rates for FY 2017-18(FY 2018-19)
| Income Slab | Tax Rate | ||
|---|---|---|---|
| Income up to Rs 2,50,000* | No Tax | ||
| Income from Rs 2,50,000 – Rs 5,00,000 | 5% | ||
| Income from Rs 5,00,000 – 10,00,000 | 20% | ||
| Income more than Rs 10,00,000 | 30% | ||
| Surcharge: 10% of income tax, where total income is between Rs. 50 lakhs and Rs.1 crore. 15% of income tax, where total income exceeds Rs.1 crore. | |||
| Cess: 3% on total of income tax + surcharge. | |||
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