|
Income levels (Rs) | Tax rates |
Up to 1.50 lakh | Nil |
1.50 lakh-3 lakh | 10% of total income exceeding Rs 1.50 lakh |
3 lakh-5 lakh | Rs 15,000 + 20% of total income exceeding Rs 3 lakh |
5 lakh and above | Rs 55,000 + 30% of total income exceeding Rs 5 lakh |
3% additional cess for all income levels. 10% additional surcharge on income above Rs 10 lakh |
|
Tax rates (for senior citizens) |