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Compute Income Tax Liability
 
Previous / Financial Year Ending - - Age

Total Income


 
Tax Table
Individuals or Hindu undivided family or association of persons or body of individuals [General Rate]
Income Tax Rates for the Assessment Year 2019 - 2020
i.e. Previous / Financial Year 2018 - 2019
Sr. No.Tax SlabRateTax
1.Upto Rs. 250,000NilNil
2.From Rs. 250,001 To Rs. 500,0005%5 per cent of the amount by which the total income exceeds Rs. 250,000
3.From Rs. 500,001 To Rs. 1,000,00020%Rs. 12,500 plus 20 per cent of the amount by which the total income exceeds Rs. 500,000
4.From Rs. 1,000,001 and Above30%Rs. 112,500 plus 30 per cent of the amount by which the total income exceeds Rs. 1,000,000
 Rebate - Upto Rs. 2,500 If total income is not exceeding Rs. 350,000
 Surcharge10%If total income is exceeding Rs. 5,000,000 - with marginal relief
 Surcharge15%If total income is exceeding Rs. 10,000,000 - with marginal relief
 Education Cess4% 

Senior Citizens (Resident in India) who is of the age of 60 years or more during the previous / financial year
Income Tax Rates for the Assessment Year 2019 - 2020
i.e. Previous / Financial Year 2018 - 2019
Sr. No.Tax SlabRateTax
1.Upto Rs. 300,000NilNil
2.From Rs. 300,001 To Rs. 500,0005%5 per cent of the amount by which the total income exceeds Rs. 300,000
3.From Rs. 500,001 To Rs. 1,000,00020%Rs. 10,000 plus 20 per cent of the amount by which the total income exceeds Rs. 500,000
4.From Rs. 1,000,001 and Above30%Rs. 110,000 plus 30 per cent of the amount by which the total income exceeds Rs. 1,000,000
 Rebate - Upto Rs. 2,500 If total income is not exceeding Rs. 350,000
 Surcharge10%If total income is exceeding Rs. 5,000,000 - with marginal relief
 Surcharge15%If total income is exceeding Rs. 10,000,000 - with marginal relief
 Education Cess4% 

Super Senior Citizens (Resident in India) who is of the age of 80 years or more during the previous / financial year
Income Tax Rates for the Assessment Year 2019 - 2020
i.e. Previous / Financial Year 2018 - 2019
Sr. No.Tax SlabRateTax
1.Upto Rs. 500,000NilNil
2.From Rs. 500,001 To Rs. 1,000,00020%20 per cent of the amount by which the total income exceeds Rs. 500,000
3.From Rs. 1,000,001 and Above30%Rs. 100,000 plus 30 per cent of the amount by which the total income exceeds Rs. 1,000,000
 Rebate - Upto Rs. 2,500 If total income is not exceeding Rs. 350,000
 Surcharge10%If total income is exceeding Rs. 5,000,000 - with marginal relief
 Surcharge15%If total income is exceeding Rs. 10,000,000 - with marginal relief
 Education Cess4% 

 
 
 
 
 
 
 
 
 
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