This is an easy to use table of the latest income tax slab rate for
individuals for year 2013-2014. It is per union budget 2013-2014
presented on 28 February 2013.
India Income tax slabs 2013-2014 for General tax payers and Women
Income tax slab (in Rs.) | Tax |
0 to 2,00,000 | No tax |
2,00,001 to 5,00,000 | 10% |
5,00,001 to 10,00,000 | 20% |
Above 10,00,000 | 30% |
India Income tax slabs 2013-2014 for Senior citizens (Aged 60 years but less than 80 years)
Income tax slab (in Rs.) | Tax |
0 to 2,50,000 | No tax |
2,50,001 to 5,00,000 | 10% |
5,00,001 to 10,00,000 | 20% |
Above 10,00,000 | 30% |
India Income tax slabs 2013-2014 for very senior citizens (Aged 80 and above)
Income tax slab (in Rs.) | Tax |
0 to 5,00,000 | No tax |
5,00,001 to 10,00,000 | 20% |
Above 10,00,000 | 30% |
- In addition an rebate of Rs 2000 will be available for income less than Rs 5 lakhs.
- Income above 1 crore to attract 10% tax surcharge.
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