Income tax software2018-19 available
Income tax software2018-19 available
Income Tax is levied in India based on different levels of income. As the level of income increases so the income tax slab rate. These slabs are changed each year in the budget. There are three categories for individual tax payers which are as under:
a. Non Resident as well as Resident individuals below the age of 60 years.
b. Resident Senior Citizens below the age of 80 years but above 60 years.
c. Resident Super Senior Citizens who are above the age of 80 years.
[19/02, 12:12] 08john: Income Tax Rate AY 2019-20 | FY 2018-19 – Individuals less than 60 years
Taxable income Tax Rate
Up to Rs. 2,50,000 Nil
Rs. 2,50,000 to Rs. 5,00,000 5 %
Rs. 5,00,000 to Rs. 10,00,000 20%
Above Rs. 10,00,000 30%
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