SEO Sai Gr. Hosp.
210651 Points
Joined July 2016
Income Tax Slabs for Super Senior Citizens(80 Years Old Or More) for FY 2019-20
| Income Tax Slabs |
Tax Rate |
Health and Education Cess |
| Income up to Rs 5,00,000* |
No tax |
|
| Income from Rs 5,00,000 – 10,00,000 |
20% |
4% of Income Tax |
| Income more than Rs 10,00,000 |
30% |
4% of Income Tax |
Surcharge: 10% of income tax, where total income exceeds Rs.50 lakh up to Rs.1 crore.
Surcharge: 15% of income tax, where the total income exceeds Rs.1 crore.