Income Tax

Income Tax Slabs Fy 2020-21: New & Old regime

New Regime

For Men/Women
Upto Rs. 2,50,000Nil
Rs. 2,50,001 to Rs. 5,00,0005 per cent
Rs. 5,00,001 to Rs. 7,50,00010 per cent
Rs. 7,50,001 to Rs. 10,00,00015 per cent
Rs. 10,00,001 to Rs. 12,50,00020 per cent
Rs. 12,50,001 to Rs. 15,00,00025 per cent
Above Rs. 15,00,00030 per cent
For resident individual of 60 years or above (Senior Citizens)
Upto Rs. 3,00,000Nil
Rs. 3,00,001 to Rs. 5,00,0005 per cent
Rs. 5,00,001 to Rs. 7,50,00010 per cent
Rs. 7,50,001 to Rs. 10,00,00015 per cent
Rs. 10,00,001 to Rs. 12,50,00020 per cent
Rs. 12,50,001 to Rs. 15,00,00025 per cent
Above Rs. 15,00,00030 per cent
For resident individual of 80 years or above (Very Senior Citizens)
Upto Rs. 5,00,000Nil
Rs. 5,00,001 to Rs. 7,50,00010 per cent
Rs. 7,50,001 to Rs. 10,00,00015 per cent
Rs. 10,00,001 to Rs. 12,50,00020 per cent
Rs. 12,50,001 to Rs. 15,00,00025 per cent
Above Rs. 15,00,00030 per cent
Click on photo to know more about Jeevan Amar Plan

Old Regime

For Men
Upto Rs. 2,50,000Nil
Rs. 2,50,001 to Rs. 5,00,0005 per cent
Rs. 5,00,001 to Rs. 10,00,00020 per cent
Above Rs. 10,00,00030 per cent
For Women
Upto Rs. 2,50,000Nil
Rs. 2,50,001 to Rs. 5,00,0005 per cent
Rs. 5,00,001 to Rs. 10,00,00020 per cent
Above Rs. 10,00,00030 per cent
For resident individual of 60 years or above (Senior Citizens)
Upto Rs. 3,00,000Nil
Rs. 3,00,001 to Rs. 5,00,0005 per cent
Rs. 5,00,001 to Rs. 10,00,00020 per cent
Above Rs. 10,00,00030 per cent
For resident individual of 80 years or above (Very Senior Citizens)
Upto Rs. 5,00,000Nil
Rs. 5,00,001 to Rs. 10,00,00020 per cent
Above Rs. 10,00,00030 per cent
Click photo to know more

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