Income Tax Slabs 2020-21

Rajakrishnan M February 01, 2020 Income Tax

Income Tax Slabs	New Tax Rate	Earlier Tax Rate
Up to ₹ 5,00,000	Nil	Nil
₹ 5,00,001 - ₹ 7,50,000	10 %	20 %
₹ 7,50,001 - ₹ 10,00,000	15 %	20 %
₹ 10,00,001 - ₹ 12,50,000	20 %	30 %
₹ 12,50,001 - ₹ 15,00,000	25 %	30 %
Above ₹ 15,00,000	30 %	30 %

Source: Union Budget 2020-21

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