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Slab rates

Anjali Gupta (1 Points)

11 February 2019

slab rates applied for may 2019

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Sarath Rajendran (Nil) (2791 Points)
Replied 11 February 2019

Existing slab rate (AY 2018-19)

aayush chaudhry (15 Points)
Replied 11 February 2019

upto first 2.5 lacs- no tax
next 2.5 lacs 5%
next 5 lacs 20%
above 10 lacs 30%
moreover there is a rebate u/s 87A of rs. 2500 if your income falls below 500000 (revised in budget 2019 from 2500 to amount of Tax applicable for AY 2020-21)

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