The Latest income tax slabs based on the Union budget presented on 01 February 2017.
Calculate your tax based on the tax slabs for year 2017-2018. Detailed split for general, women, senior citizen etc are provided.
India Income tax slabs 2017-2018 for General tax payers and Women
Income tax slab (in Rs.) | Tax
|
0 to 2,50,000 | No tax
|
2,50,001 to 5,00,000 | 5%
|
5,00,001 to 10,00,000 | 20%
|
Above 10,00,000 | 30%
|
India Income tax slabs 2017-2018 for Senior citizens (Aged 60 years but less than 80 years)
Income tax slab (in Rs.) | Tax
|
0 to 3,00,000 | No tax
|
3,00,001 to 5,00,000 | 5%
|
5,00,001 to 10,00,000 | 20%
|
Above 10,00,000 | 30%
|
India Income tax slabs 2017-2018 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%
|
Note - No change in Tax slabs from last year.
The previous income tax slab for year 2016-2017 can be found here -
Income tax slabs 2016-17.