| 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 Slab | Rate | Tax |
| 1. | Upto Rs. 250,000 | Nil | Nil |
| 2. | From Rs. 250,001 To Rs. 500,000 | 5% | 5 per cent of the amount by which the total income exceeds Rs. 250,000 |
| 3. | From Rs. 500,001 To Rs. 1,000,000 | 20% | 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 Above | 30% | 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 |
| | Surcharge | 10% | If total income is exceeding Rs. 5,000,000 - with marginal relief |
| | Surcharge | 15% | If total income is exceeding Rs. 10,000,000 - with marginal relief |
| | Education Cess | 4% | |
|
| 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 Slab | Rate | Tax |
| 1. | Upto Rs. 300,000 | Nil | Nil |
| 2. | From Rs. 300,001 To Rs. 500,000 | 5% | 5 per cent of the amount by which the total income exceeds Rs. 300,000 |
| 3. | From Rs. 500,001 To Rs. 1,000,000 | 20% | 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 Above | 30% | 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 |
| | Surcharge | 10% | If total income is exceeding Rs. 5,000,000 - with marginal relief |
| | Surcharge | 15% | If total income is exceeding Rs. 10,000,000 - with marginal relief |
| | Education Cess | 4% | |
|
| 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 Slab | Rate | Tax |
| 1. | Upto Rs. 500,000 | Nil | Nil |
| 2. | From Rs. 500,001 To Rs. 1,000,000 | 20% | 20 per cent of the amount by which the total income exceeds Rs. 500,000 |
| 3. | From Rs. 1,000,001 and Above | 30% | 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 |
| | Surcharge | 10% | If total income is exceeding Rs. 5,000,000 - with marginal relief |
| | Surcharge | 15% | If total income is exceeding Rs. 10,000,000 - with marginal relief |
| | Education Cess | 4% | |
|
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