What are the Income Tax slab rates for AY 2020-21?

Simran Saria , Last updated: 27 April 2020 Share Follow on Google News

Is the Total Income (Income after deductions) of resident INDIVIDUAL less than Rs 5 Lakhs? If YES,No Tax Payable for Resident Individual. Eligible for full tax rebate u/s 87A. And if No, Then tax rates are as follows- The Surcharge shall be subject to Marginal Relief Higher Rate o

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About the Author

Simran Saria

Chartered Accountant

Experience Chartered Accountant with a wide exposure in the field of accounting, company law,finance and other allied domains. I also like to venture into research. Blessed with a questioning mind, I am also passionate about writing and communicating about the dynamic changes in law of our country

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What are the Income Tax slab rates for AY 2020-21?

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