Income Tax Slabs India | Income Tax Slabs For Women | Current Income Tax Slab | Income Tax Rate | Income Tax Slab Calculation [ NEW ]

 

 

You Can Find the Income Tax Slabs  of India like Individual, Hindu Undivided Family (HUF), Association of Person or Body of Individual or any other artificial juridical person, Trust, Partnership Deed, Domestic Company Company, Foreign Company

 

In case of an Individual or HUF or Association of Person or Body of Individual or any other artificial juridical person (resident or non-resident)

 

 

Income Tax efiling to  Click Here

Income Tax Refund to  Click Here

E payment Income Tax to  Click Here

 

Individuals :

Total Net Income Rate of Income-tax
Assessment Year 2021-22 Assessment Year 2020-21
Up to Rs. 2,50,000
Rs. 2,50,000 to Rs. 5,00,000 5% 5%
Rs. 5,00,000 to Rs. 10,00,000 20% 20%
Above Rs. 10,00,000 30% 30%

 

 

For Women :

Total Net Income Rate of Income-tax
Assessment Year 2021-22 Assessment Year 2020-21
Up to Rs. 2,50,000
Rs. 2,50,000 to Rs. 5,00,000 5% 5%
Rs. 5,00,000 to Rs. 10,00,000 20% 20%
Above Rs. 10,00,000 30% 30%

 

 

Senior Citizen up to 80 :

Total Net Income Rate of Income-tax
Assessment Year 2021-22 Assessment Year 2020-21
Up to Rs. 3,00,000
Rs. 3,00,000 to Rs. 5,00,000 5% 5%
Rs. 5,00,000 to Rs. 10,00,000 20% 20%
Above Rs. 10,00,000 30% 30%

 

 

Super Senior Citizen Above 80:

Total Net Income Rate of Income-tax
Assessment Year 2021-22 Assessment Year 2020-21
Up to Rs. 5,00,000
Rs. 5,00,000 to Rs. 10,00,000 20% 20%
Above Rs. 10,00,000 30% 30%

 

 

Hindu Undivided Family (Including HUF, AOP, BOI and Artificial Juridical Person)

Total Net Income Rate of Income-tax
Assessment Year 2021-22 Assessment Year 2020-21
Up to Rs. 2,50,000
Rs. 2,50,000 to Rs. 5,00,000 5% 5%
Rs. 5,00,000 to Rs. 10,00,000 20% 20%
Above Rs. 10,00,000 30% 30%

 

 

Co-operative Society :

Total Taxable income Tax Rate
Up to Rs. 10,000 10%
Rs. 10,000 to Rs. 20,000 20%
Above Rs. 20,000 30%

 

 

Partnership Firm :

Total Taxable income Tax Rate
Up to Rs. 10,000 Nil
Rs. 10,000 to Rs. 20,000 30%
Above Rs. 20,000 30%

 

 

Domestic Company :

Domestic Company
Assessment Year 2020-21 Assessment Year 2021-22
Total turnover or gross receipt during the does not exceed Rs. 400 crore for the yea 2017-18 25% NA
Total turnover or gross receipt does not exceed Rs. 400 crore for the year 2018-19 NA 25%
Any other domestic company 30% 30%

 

 

Rate of Surcharge :

Assessment Year 2021-22
Range of Income
Rs. 50 Lakhs to Rs. 1 Crore Rs. 1 Crore to Rs. 2 Crores Rs. 2 Crores to Rs. 5 Crores Rs. 5 crores to Rs. 10 Crores Exceeding Rs. 10 Crores
10% 15% 25% 37% 37%

 

 

Assessment Year 2020-21
Range of Income
Rs. 50 Lakhs to Rs. 1 Crore Rs. 1 Crore to Rs. 2 Crores Rs. 2 Crores to Rs. 5 Crores Rs. 5 crores to Rs. 10 Crores Exceeding Rs. 10 Crores
10% 15% 25% 37% 37%

 

 

Special New Income Tax Rate

 

Special New Income Tax Rate For Individual And Hindu Undivided Family (Huf)

 

Individuals :

Total Income (Rs) Rate
Up to 2,50,000 Nil
From 2,50,001 to 5,00,000 5%
From 5,00,001 to 7,50,000 10%
From 7,50,001 to 10,00,000 15%
From 10,00,001 to 12,50,000 20%
From 12,50,001 to 15,00,000 25%
Above 15,00,000 30%

 

 

Special  New tax rates applicable to Co-operative societies:

Total Taxable income Tax Rate
Any income 22%

 

 

Special  New Tax Rates Applicable To A Domestic Company

 

Domestic Company

Domestic Company
Assessment Year 2020-21 Assessment Year 2021-22
For section 115BA 25% 25%
For Section 115BAA 22% 22%
For Section 115BAB 15% 15%

 

 

Foreign Company :

Nature of Income Tax Rate
Royalty received from Government been approved by the Central Government 50%
Any other income 40%

 

 

Special Rate of Surcharge :

Assessment Year 2021-22
Range of Income
Rs. 50 Lakhs to Rs. 1 Crore Rs. 1 Crore to Rs. 2 Crores Rs. 2 Crores to Rs. 5 Crores Rs. 5 crores to Rs. 10 Crores Exceeding Rs. 10 Crores
10% 15% 25% 37% 37%

 

 

Important Income Tax Topic in India

Income Tax Efiling Income Tax Slab Income Tax Refund
Income Tax Calculator Tax Online payment Income Tax Exemption
Income Tax Deduction Income Tax Form Income Tax Rate
Income Tax Challan Income Tax Helpline Income Tax 80d
Income Tax TDS Income Tax 80C Income Tax Toll Free No

 

 

Income Tax Slabs India

Income Tax Slabs India

 

 

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Income Tax Slabs India | Income Tax Slabs For Women | Current Income Tax Slab | Income Tax Slab Calculation [ NEW ]