Tax Slab
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Income Tax Slabs For 2021-22 – Old Tax Rates for 2022-23
Income Tax Slab | Tax Rate |
---|---|
Up to Rs.2.5 lakh | Nil |
Above Rs.2.50 - Rs.5 lakh | 5% of the total income that is more than Rs.2.5 lakh |
Above Rs.5 lakh - Rs.7.50 lakh | 20% of the total income that is more than Rs.5 lakh + Rs.12,500 |
Above Rs.7.50 lakh - Rs.10 lakh | 20% of the total income that is more than Rs.7.5 lakh + Rs.62,500 |
Above Rs.10 lakh - Rs.12.50 lakh | 30% of the total income that is more than Rs.10 lakh + Rs.1,12,500 |
Above Rs.12.50 - Rs.15 lakh | 30% of the total income that is more than Rs.12.5 lakh + Rs.1,87,500 |
Above Rs.15 lakh | 30% of the total income that is more than Rs.15 lakh + Rs.2,62,500 |