Chartered Accountant
1375 Points
Posted on 06 June 2017
The Chronology of Slab Rates are as follows:
AY 2015-16, 2016-17, 2017-18 - Current Slab Rates where B.E.L is Rs. 2.5 Lakhs
AY 2013-14, 2014-15 - Basic Exemption limit was Rs. 2Lakhs (for normal residents)
AY 2012-13 - B.E.L - Rs.1.80 Lakhs (for individuals); Separate slabs for resident woman assessees where B.E.L was Rs. 1.90 Lakhs; The new "Very Senior Citizen" slab was introduced.