Income tax slab?
SDR ASSOCIATES (380 Points)
05 January 2021
kindly share income tax slab for the fin.year 2019-20 for above 60 aged person
3 Replies
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 05 January 2021
Income Tax Slab for Senior Citizens (age more than 60 years but less than 80 years FY 2019-20)
| Income range per annum | New Slab for FY 2020-21, AY 2021-22 | Tax Rate FY 2019-20, AY 2020-21 |
|---|---|---|
| Above 7.50 Lakh to 10 Lakh | 15% | 20% |
| Above 10 Lakh to 12.50 Lakh | 20% | 30% |
| Above 12.50 Lakh to 15 Lakh | 25% | 30% |
| Above 15 Lakh | 30% | 30% |
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