Income tax slab?
SDR ASSOCIATES (375 Points)
05 January 2021
kindly share income tax slab for the fin.year 2019-20 for above 60 aged person
SDR ASSOCIATES (375 Points)
05 January 2021
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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