Income tax slab for year 2020, Income Tax, F.Y. For full details of the PDF file 2018-19 Slab is deducted from the income tax threshold table which is applicable to a specific tax rate in advance and the various deduction rates are applicable. In order to better understand the functioning of Gujarat Tex slabs, the first person has to understand the important elements as per the tax slab is decided.
Tax Slab Tax Rate Up to Rs 2.5 lakh NIL Rs 2.5 lakh to Rs 5 lakh 5% (Tax rebate of Rs 12,500 available under section 87A) Rs 5 lakh to Rs 7.5 lakh 10% Rs 7.5 lakh to Rs 10 lakh 15% Rs 10 lakh to Rs 12.5 lakh 20% Rs 12.5 lakh to Rs 15 lakh 25% Rs 15 lakh and above 30%
slab Income Tex for year 2018-2019
According to the 2018 Union Budget, according to different slabs in which income tax has been assessed different categories are shown below Resident and non-resident Indians