Income Tax Slabs -Individual  & HUF (Age Below 60 years)

Surcharge: 
  • 10 % Surcharge on tax if total income exceeds Rs. 5000000 (Fifty Lakh)
  • 15% Surcharge on tax if total income exceeds Rs. 10000000 (1 crore)

In case of taxable income does not exceed Rs. 350000/- is eligible for tax rebate of 2500 under section 87A.

Income Tax Slabs -Senior Citizens (Age between 60 to 80)

Surcharge: 
  • 10 % Surcharge on tax if total income exceeds Rs. 5000000 (Fifty Lakh)
  • 15% Surcharge on tax if total income exceeds Rs. 10000000 (1 crore)

In case of taxable income does not exceed Rs. 350000/- is eligible for tax rebate of 2500 under section 87A.

Income Tax Slabs -Senior Citizens (Age Above 80)

 
Surcharge: 
  • 10 % Surcharge on tax if total income exceeds Rs. 5000000 (Fifty Lakh)
  • 15% Surcharge on tax if total income exceeds Rs. 10000000 (1 crore)
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