Income Tax Slab For Individual for Last 20 Years From AY 2001–2002 to AY 2019–2020

Income Tax Rates or Slabs for Last 20 Year i.e. assess­ment Year 2001–2002 to Assess­ment Year 2019–2020

Income Tax Rates / Slabs for AY 2001-02

Slab (Rs) Tax  Rate (Rs) Sur­charge Total Income>Rs. 60,000 Sur­charge Total Income>Rs. 1,50,000
Less than 50,000 Nil Nil Nil
50,000 to 60,000 (TI-50,000) * 10% Nil Nil
60,000 to 1, 50,000 1,000+(TI-60,000) * 20% 12% Nil
Greater than 1,50,000 19,000+(TI-1,50,000) * 30% Nil 17%

Income Tax Rates / Slabs for A.Y. (2002–03)

Slab (Rs) Tax Rate (Rs) Sur­charge Total Income>Rs. 60,000
Less than 50,000 Nil Nil
50,000 to 60,000 (TI-50,000) * 10% Nil
60,000 to 1, 50,000 1,000+(TI-60,000) * 20% 2%
Greater than 1,50,000 19,000+(TI-1,50,000) * 30% 2%

Income Tax Rates / Slabs for A.Y. (2003–04)

Slab (Rs) Tax Rate (Rs) Sur­charge Total Income>Rs. 60,000
Less than 50,000 Nil Nil
50,000 to 60,000 (TI-50,000) * 10% Nil
60,000 to 1, 50,000 1,000+(TI-60,000) * 20% 5%
Greater than 1,50,000 19,000+(TI-1,50,000) * 30% 5%

Income Tax Rates / Slabs for A.Y. (2004–05) and A.Y. 2005–2006

Slab (Rs) Tax Rate (Rs) Sur­charge Total Income> Rs. 8,50,000
Less than 50,000 Nil Nil
50,000 to 60,000 (TI-50,000) * 10% Nil
60,000 to 1, 50,000 1,000+(TI-60,000) * 20% Nil
Greater than 1,50,000 19,000+(TI-1,50,000) * 30% Nil
Greater than 8,50,000 2,29,000++(TI-8,50,000) * 30% 10%

Note: Edu­ca­tion Cess has to be added on Income Tax + Sur­charge @ 2%

Income Tax Rates / Slabs for A.Y. (2006–2007) and A.Y. (2007–2008)

Tax Rate Men Woman Senior Cit­i­zen
0% Upto 1,00,000 Less than 1,35,000 Less than 1,85,000
10% 1,00,000 to 1,50,000 1,35,000 to 1,50,000
20% 1,50,000 to 2,50,000 1,50,000 to 2,50,000 1,85,000 to 2,50,000
30% Greater than 2,50,000 Greater than 2,50,000 Greater than 2,50,000

Note: 1) Sur­charge @10% on income above Rs. 10,00,000

2) Senior Cit­i­zen above 65 Years

3)Education Cess has to be added on Income Tax @ 2%

Income Tax Rates / Slabs for A.Y. (2008–2009)

Tax Rate Men Woman Senior Cit­i­zen
0% Upto 1,10,000 Less than 1,45,000 Less than 1,95,000
10% 1,10,000 to 1,50,000 1,45,000 to 1,50,000
20% 1,50,000 to 2,50,000 1,50,000 to 2,50,000 1,95,000 to 2,50,000
30% Greater than 2,50,000 Greater than 2,50,000 Greater than 2,50,000

Note: 1) Sur­charge @10% on income above Rs. 10,00,000

2) Senior Cit­i­zen above 65 Years

3)Education Cess has to be added on Income Tax @ 3% 

Income Tax Rates / Slabs for A.Y. (2009–2010)

Tax Rate Men Woman Senior Cit­i­zen
0% Upto 1,50,000 Upto 1,80,000 Upto 2,25,000
10% 1,50,000 to 3,00,000 1,80,000 to 3,00,000 2,25,000 to 3,00,000
20% 3,00,000 to 5,00,000 3,00,000 to 5,00,000 3,00,000 to 5,00,000
30% Greater than 5,00,000 Greater than 5,00,000 Greater than 5,00,000

Note: 1) Sur­charge @10% on income above Rs. 10,00,000

2) Senior Cit­i­zen above 65 Years

3)Education Cess has to be added on Income Tax @ 3% 

Income Tax Rates / Slabs for A.Y. (2010–2011)

Tax Rate Men Woman Senior Cit­i­zen
0% Upto 1,60,000 Upto 1,90,000 Upto 2,40,000
10% 1,60,000 to 3,00,000 1,90,000 to 3,00,000 2,40,000 to 3,00,000
20% 3,00,000 to 5,00,000 3,00,000 to 5,00,000 3,00,000 to 5,00,000
30% Greater than 5,00,000 Greater than 5,00,000 Greater than 5,00,000

Note: 1) Sur­charge NIL

2) Senior Cit­i­zen above 65 Years

3)Education Cess has to be added on Income Tax @ 3% 

Income Tax Rates / Slabs for A.Y. (2011–2012)

Tax Rate Men Woman Senior Cit­i­zen
0% Upto 1,60,000 Upto 1,90,000 Upto 2,40,000
10% 1,60,000 to 5,00,000 1,90,000 to 5,00,000 2,40,000 to 5,00,000
20% 5,00,000 to 8,00,000 5,00,000 to 8,00,000 5,00,000 to 8,00,000
30% Greater than 8,00,000 Greater than 8,00,000 Greater than 8,00,000

Note: 1) Sur­charge NIL

2) Senior Cit­i­zen above 65 Years

3)Education Cess has to be added on Income Tax @ 3% 

Income Tax Rates / Slabs for A.Y. (2012–2013)

Tax Rate Men Women Senior Cit­i­zen Age =>60 and <80 Super Senior Cit­i­zen Age above 80 years
0.00% Upto Rs. 1,80,000 Up to Rs. 1,90,000 Up to Rs. 2,50,000
10.00% 1,80,001 to 5,00,000 1,90,001 to 5,00,000 2,50,001 to 5,00,000
20.00% 5,00,001 to 8,00,000 5,00,001 to 8,00,000 5,00,001 to 8,00,000 5,00,001 to 8,00,000
30.00% Above 8,00,000 Above 8,00,000 Above 8,00,000 Above 8,00,000

Note :- 1) Sur­charge is Nil and 3% Cess will be charged on Above Tax

2) Age of Senior Cit­i­zen is = 60 Years

Income Tax Rates / Slabs for A.Y. (2013–2014)

Tax Rate Men Women Senior Cit­i­zen Age Super Senior Cit­i­zen Age equal or above 80 years
0.00% Upto Rs. 2,00,000 Up to Rs. 2,00,000 Up to Rs. 2,50,000
10.00% 2,00,001 to 5,00,000 2,00,001 to 5,00,000 2,50,001 to 5,00,000
20.00% 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000
30.00% Above 10,00,000 Above 10,00,000 Above 10,00,000 Above 10,00,000

Note :-  1) Sur­charge is Nil and 3% Cess will be charged on Above Tax

2) Age of Senior Cit­i­zen is = 60 Years

Income Tax Rates / Slabs for A.Y. (2014–2015)

Tax Rate Men Women Senior Cit­i­zen Age 60–80 Years Super Senior Cit­i­zen Age equal or above 80 years
0.00% Upto Rs. 2,00,000 Up to Rs. 2,00,000 Up to Rs. 2,50,000 Up to Rs. 5,00,000
10.00% 2,00,001 to 5,00,000 2,00,001 to 5,00,000 2,50,001 to 5,00,000
20.00% 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000
30.00% Above 10,00,000 Above 10,00,000 Above 10,00,000 Above 10,00,000

Note :- 1) Sur­charge is 10% if income crossed 1 Crore and 3% Cess will be charged on Income Tax + Sur­charge Tax

2) Age of Senior Cit­i­zen is = 60 Years or more but less 80 years.

4)  Rebate under sec­tion 87A – A res­i­dent indi­vid­ual (whose net income does not exceed Rs.5,00,000) can avail rebate under sec­tion 87A. It is deductible from income-tax before cal­cu­lat­ing edu­ca­tion cess. The amount of rebate is 100 per cent of income-tax or Rs. 2,000, whichev­er is less

Income Tax Rates / Slabs for A.Y. (2015–2016)

Tax Rate Men Women Senior Cit­i­zen Age Super Senior Cit­i­zen Age equal or above 80 years
0.00% Upto Rs. 2,50,000 Up to Rs. 2,50,000 Up to Rs. 3,00,000 Up to Rs. 5,00,000
10.00% 2,50,001 to 5,00,000 2,50,001 to 5,00,000 3,00,001 to 5,00,000
20.00% 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000
30.00% Above 10,00,000 Above 10,00,000 Above 10,00,000 Above 10,00,000

Note :- 1) Sur­charge is 10% if income crossed 1 Crore and 3% Cess will be charged on Income Tax + Sur­charge Tax

2) Age of Senior Cit­i­zen is = 60 Years or more but less 80 years.

3)  Rebate under sec­tion 87A – A res­i­dent indi­vid­ual (whose net income does not exceed Rs.5,00,000) can avail rebate under sec­tion 87A. It is deductible from income-tax before cal­cu­lat­ing edu­ca­tion cess. The amount of rebate is 100 per cent of income-tax or Rs. 2,000, whichev­er is less

Income Tax Rates / Slabs for A.Y. (2016–2017)

Tax Rate Men Women Senior Cit­i­zen Age Super Senior Cit­i­zen Age equal or above 80 years
0.00% Upto Rs. 2,50,000 Up to Rs. 2,50,000 Up to Rs. 3,00,000 Up to Rs. 5,00,000
10.00% 2,50,001 to 5,00,000 2,50,001 to 5,00,000 3,00,001 to 5,00,000
20.00% 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000
30.00% Above 10,00,000 Above 10,00,000 Above 10,00,000 Above 10,00,000

Note :- 1) Sur­charge is 12% if income crossed 1 Crore and 3% Cess will be charged on Income Tax + Sur­charge Tax

2) Age of Senior Cit­i­zen is = 60 Years or more but less 80 years.

3)  Rebate under sec­tion 87A – A res­i­dent indi­vid­ual (whose net income does not exceed Rs.5,00,000) can avail rebate under sec­tion 87A. It is deductible from income-tax before cal­cu­lat­ing edu­ca­tion cess. The amount of rebate is 100 per cent of income-tax or Rs. 2,000, whichev­er is less

Income Tax Rates / Slabs for A.Y. (2017–2018)

Tax Rate Men Women Senior Cit­i­zen Age Super Senior Cit­i­zen Age equal or above 80 years
0.00% Upto Rs. 2,50,000 Up to Rs. 2,50,000 Up to Rs. 3,00,000 Up to Rs. 5,00,000
10.00% 2,50,001 to 5,00,000 2,50,001 to 5,00,000 3,00,001 to 5,00,000
20.00% 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000
30.00% Above 10,00,000 Above 10,00,000 Above 10,00,000 Above 10,00,000

Note :- 1) Sur­charge is 15% if income crossed 1 Crore and 3% Cess will be charged on Income Tax + Sur­charge Tax

2) Age of Senior Cit­i­zen is = 60 Years or more but less 80 years.

3)  Rebate under sec­tion 87A – A res­i­dent indi­vid­ual (whose net income does not exceed Rs.5,00,000) can avail rebate under sec­tion 87A. It is deductible from income-tax before cal­cu­lat­ing edu­ca­tion cess. The amount of rebate is 100 per cent of income-tax or Rs. 5,000, whichev­er is less

Income Tax Rates / Slabs for AY 2018–19

Tax Rate Men Women Senior Cit­i­zen Super Senior Cit­i­zen Age equal or above 80 years
0.00% Upto Rs. 2,50,000 Up to Rs. 2,50,000 Up to Rs. 3,00,000 Up to Rs. 5,00,000
5.00% 2,50,001 to 5,00,000 2,50,001 to 5,00,000 3,00,001 to 5,00,000
20.00% 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000
30.00% Above 10,00,000 Above 10,00,000 Above 10,00,000 Above 10,00,000

Note :- 1) 10% on Tax if Total Income above Rs. 50 Lacs but with­in Rs.1 crore. 15% if Total Income cross Rs. 1 Crore

2) 3% Cess will be charged on Above Tax and applic­a­ble sur­charge

3) Age of Senior Cit­i­zen is = 60 Years or more but less 80 years.

4)  Rebate under sec­tion 87A – A res­i­dent indi­vid­ual (whose net income does not exceed Rs.3,50,000) can avail rebate under sec­tion 87A. It is deductible from income-tax before cal­cu­lat­ing edu­ca­tion cess. The amount of rebate is 100 per cent of income-tax or Rs. 2,500, whichev­er is less

Income Tax Rates / Slabs for AY 2019–20

Tax Rate Men Women Senior Cit­i­zen Super Senior Cit­i­zen Age equal or above 80 years
0.00% Upto Rs. 2,50,000 Up to Rs. 2,50,000 Up to Rs. 3,00,000 Up to Rs. 5,00,000
5.00% 2,50,001 to 5,00,000 2,50,001 to 5,00,000 3,00,001 to 5,00,000
20.00% 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000
30.00% Above 10,00,000 Above 10,00,000 Above 10,00,000 Above 10,00,000

Note :- 1) 10% on Tax if Total Income above Rs. 50 Lacs but with­in Rs.1 crore. 15% if Total Income cross Rs. 1 Crore

2) 4% Cess will be charged on Above Tax and applic­a­ble sur­charge

3) Age of Senior Cit­i­zen is = 60 Years or more but less 80 years.

4)  Rebate under sec­tion 87A – A res­i­dent indi­vid­ual (whose net income does not exceed Rs.3,50,000) can avail rebate under sec­tion 87A. It is deductible from income-tax before cal­cu­lat­ing edu­ca­tion cess. The amount of rebate is 100 per cent of income-tax or Rs. 2,500, whichev­er is less

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