For woman
- resident in India
- below the age of 65 years at any time during the previous year
|
Upto Rs. 1,45,000 |
Nil |
|
Rs. 1,45,001 to Rs. 1,50,000 |
10% |
|
Rs. 1,50,001 to Rs. 2,50,000 |
20% |
|
Above Rs. 2,50,000 |
30% |
For an individual (man or woman)
- resident in India
- who is of the age of 65 years or more at any time during the previous year.
|
Upto Rs. 1,95,000 |
Nil |
|
Rs. 1,95,0001 to Rs. 2,50,000 |
20% |
|
Above Rs. 2,50,000 |
30% |
For individuals, [other than mentioned above]
HUF, AOP/BOI (other than co-operative societies, whether incorporated or not).
|
Upto Rs. 1,10,000 |
Nil |
|
Rs. 1,10,001 to Rs. 1,50,000 |
10% |
|
Rs. 1,50,001 to Rs. 2,50,000 |
20% |
|
Above Rs. 2,50,000 |
30% |
For Companies and Firms 30%
|
Surcharge |
10% if income exceeds - Rs. 10 lakhs in case of Individual & HUF - Rs. 1 crore in case of Company & Firm 10% is substituted by 2.5% in case of Foreign Company |
|
Education Cess (EC) |
2% on income-tax and surcharge |
|
Secondary and Higher Education Cess (SHEC) |
1% of income-tax and surcharge |
