| For Men/Women | |
| Upto Rs. 2,50,000 | Nil |
| Rs. 2,50,001 to Rs. 5,00,000 | 5 per cent |
| Rs. 5,00,001 to Rs. 7,50,000 | 10 per cent |
| Rs. 7,50,001 to Rs. 10,00,000 | 15 per cent |
| Rs. 10,00,001 to Rs. 12,50,000 | 20 per cent |
| Rs. 12,50,001 to Rs. 15,00,000 | 25 per cent |
| Above Rs. 15,00,000 | 30 per cent |
| For resident individual of 60 years or above (Senior Citizens) | |
| Upto Rs. 3,00,000 | Nil |
| Rs. 3,00,001 to Rs. 5,00,000 | 5 per cent |
| Rs. 5,00,001 to Rs. 7,50,000 | 10 per cent |
| Rs. 7,50,001 to Rs. 10,00,000 | 15 per cent |
| Rs. 10,00,001 to Rs. 12,50,000 | 20 per cent |
| Rs. 12,50,001 to Rs. 15,00,000 | 25 per cent |
| Above Rs. 15,00,000 | 30 per cent |
| For resident individual of 80 years or above (Very Senior Citizens) | |
| Upto Rs. 5,00,000 | Nil |
| Rs. 5,00,001 to Rs. 7,50,000 | 10 per cent |
| Rs. 7,50,001 to Rs. 10,00,000 | 15 per cent |
| Rs. 10,00,001 to Rs. 12,50,000 | 20 per cent |
| Rs. 12,50,001 to Rs. 15,00,000 | 25 per cent |
| Above Rs. 15,00,000 | 30 per cent |
Old scheme: Income Tax rates for financial year 2018-19/ 2019-20/2020-21 (Assessment Year: 2019-20/ 2020-21/ 2021-22)
| For Men | |
| Upto Rs. 2,50,000 | Nil |
| Rs. 2,50,001 to Rs. 5,00,000 | 5 per cent |
| Rs. 5,00,001 to Rs. 10,00,000 | 20 per cent |
| Above Rs. 10,00,000 | 30 per cent |
| For Women | |
| Upto Rs. 2,50,000 | Nil |
| Rs. 2,50,001 to Rs. 5,00,000 | 5 per cent |
| Rs. 5,00,001 to Rs. 10,00,000 | 20 per cent |
| Above Rs. 10,00,000 | 30 per cent |
| For resident individual of 60 years or above (Senior Citizens) | |
| Upto Rs. 3,00,000 | Nil |
| Rs. 3,00,001 to Rs. 5,00,000 | 5 per cent |
| Rs. 5,00,001 to Rs. 10,00,000 | 20 per cent |
| Above Rs. 10,00,000 | 30 per cent |
| For resident individual of 80 years or above (Very Senior Citizens) | |
| Upto Rs. 5,00,000 | Nil |
| Rs. 5,00,001 to Rs. 10,00,000 | 20 per cent |
| Above Rs. 10,00,000 | 30 per cent |
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