Tax slabe of individual for A.Y. 2020-21
Kasim Ansari (5 Points)
09 October 2020
how much tax slabe of A.Y. 2021 for individual.
3 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 11 October 2020
For A.Y 2020-21 (F.Y 2019-20)
Up to Rs. 2,50,000....................Nil
Rs. 2,50,001 to 5,00,000......... 5%
Rs. 5,00,001 to 10,00,000........20%
above Rs. 10,00,000................ 30%
Up to Rs. 2,50,000....................Nil
Rs. 2,50,001 to 5,00,000......... 5%
Rs. 5,00,001 to 10,00,000........20%
above Rs. 10,00,000................ 30%
ayusmita
(Tax consultant)
(5885 Points)
Replied 11 October 2020
Upto 250000. nil
then 250000 to 500000. 5 %
then 500000to 10lakh 20%
then above 10 lakh. 30%
he can take rebate if his or income don't exceed 5lakh
btw why you write AY 2021
then 250000 to 500000. 5 %
then 500000to 10lakh 20%
then above 10 lakh. 30%
he can take rebate if his or income don't exceed 5lakh
btw why you write AY 2021
Prajakta
(Student CA IPC / IPCC)
(89 Points)
Replied 13 October 2020
0-2,50,000- Nil
2,50,000-5,00,000-5%
5.00.000-10,00,000-20%
> 10,00,000-30%
However if the Assessee is resident and senior citizen - Basic exemption limit -3,00,000
and if super senior citizen -5,00,000
Also depending on total income surcharge may be added or rebate may be deducted
2,50,000-5,00,000-5%
5.00.000-10,00,000-20%
> 10,00,000-30%
However if the Assessee is resident and senior citizen - Basic exemption limit -3,00,000
and if super senior citizen -5,00,000
Also depending on total income surcharge may be added or rebate may be deducted
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