Income Tax Rates decide the tax to be implemented on your income. In India, there are differents rates of Income Tax for men, women and senior citizens. Here is a detail of Income Tax Rates in India.
| Income Tax Slab (in Rs.) | Tax |
| 0 to 1,60,000 | No Tax |
| 1,60,001 to 5,00,000 | 10% |
| 5,00,001 to 8,00,000 | 20% |
| Above 8,00,000 | 30% |
| Income Tax Slab (in Rs.) | Tax |
| 0 to 1,90,000 | No Tax |
| 1,90,001 to 5,00,000 | 10% |
| 5,00,001 to 8,00,000 | 20% |
| Above 8,00,000 | 30% |
| Income Tax Slab (in Rs.) | Tax |
| 0 to 2,40,000 | No Tax |
| 2,40,001 to 5,00,000 | 10% |
| 5,00,001 to 8,00,000 | 20% |
| Above 8,00,000 | 30% |
*An educational cess of 3% on tax payable.
Note:
To calculate your Income Tax go to Income Tax Calculator