NEW STRUCTURE OF INCOME TAX
MALE TAXPAYER
|
BEFORE |
NOW | ||
|
Upto 1,10,000 |
Nil |
Upto 1,50,000 |
Nil |
|
1,10,001 to 1,50,000 |
10% |
1,50,001 to 3,00,000 |
10% |
|
1,50,001 to 2,50,000 |
20% |
3,00,001 to 5,00,000 |
20% |
|
More than 2,50,000 |
30% |
5,00,001 & above |
30% |
|
Education Cess |
3% |
No Change |
No Change |
|
Surcharge on Income More than 10,00,000 |
10% |
No Change |
No Change |
FEMALE TAXPAYER
|
BEFORE |
NOW | ||
|
Upto 1,45,000 |
Nil |
Upto 1,80,000 |
Nil |
|
1,45,001 to 1,50,000 |
10% |
1,80,001 to 3,00,000 |
10% |
|
1,50,001 to 2,50,000 |
20% |
3,00,001 to 5,00,000 |
20% |
|
More than 2,50,000 |
30% |
5,00,001 & above |
30% |
|
Education Cess |
3% |
No Change |
No Change |
|
Surcharge on Income More than 10,00,000 |
10% |
No Change |
No Change |
SENIER CITIZEN
|
BEFORE |
NOW | ||
|
Upto 1,95,000 |
Nil |
Upto 2,25,000 |
Nil |
|
1,95,001 to 2,50,000 |
20% |
2,25,001 to 3,00,000 |
10% |
|
More than 2,50,000 |
30% |
3,00,001 to 5,00,000 |
20% |
|
5,00,001 & above |
30% | ||
|
Education Cess |
3% |
No Change |
No Change |
|
Surcharge on Income More than 10,00,000 |
10% |
No Change |
No Change |
