Income tax slab?

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380 Points Posted on 05 January 2021
kindly share income tax slab for the fin.year 2019-20 for above 60 aged person
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On 05 January 2021 at 19:28 Report
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This discussion clarifies the income tax slabs applicable to individuals aged over 60 for the financial year 2019-20. It provides a breakdown of tax rates based on income ranges for senior citizens (between 60 and 80 years old).

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Accountant
4533 Points Posted on 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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On 05 January 2021 at 19:45
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380 Points Posted on 05 January 2021
Thank you
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On 05 January 2021 at 20:11
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Accountant
4533 Points Posted on 08 January 2021
My pleasure sir
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On 08 January 2021 at 00:59

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