Income Tax Rates For Individual, HUF, AOP, BOI

Assessment Year Rate General Senior Citizen
60 to 79 years 80 years & above
2019-20 Nil
10%
20%
30%
Upto 2,50,000
2,50,001 to 5,00,000
5,00,001 to 10,00,000
Above 10,00,000

Surcharge @ 10% if total income 50 Lakhs to 1 Crore, if exceeds 1 Crore then 15% | Cess @3%
Upto 3,00,000
3,00,001 to 5,00,000
5,00,001 to 10,00,000
Above 10,00,000

Upto 5,00,000
-
5,00,001 to 10,00,000
Above 10,00,000

2018-19 Nil
5%
20%
30%
Upto 2,50,000
2,50,001 to 5,00,000
5,00,001 to 10,00,000
Above 10,00,001

Surcharge @ 10% if total income 50 Lakhs to 1 Crore, if exceeds 1 Crore then 15% | Cess @3%
Upto 3,00,000
3,00,001 to 5,00,000
5,00,001 to 10,00,000
Above 10,00,001

Upto 5,00,000
-
5,00,001 to 10,00,000
Above 10,00,001

2017-18 Nil
10%
20%
30%
Upto 2,50,000
2,00,001 to 5,00,000
5,00,001 to 10,00,000
Above 10,00,000

Surcharge @ 10% if total income exceeds 1 Crore | Cess @3%
Upto 3,00,000
2,50,001 to 5,00,000
5,00,001 to 10,00,000
Above 10,00,000

Upto 5,00,000
-
5,00,001 to 10,00,000
Above 10,00,000


Income Tax Rates - Other than Individuals

Assessment Year 2016-17

Total Income Rate of Income Tax(%) Rate of MAT/AMT(%)
Tax Rates for Domestic Companies 
Upto Rs 1 crore
Exceeding 1 Crore but not exceeding 10 Crore
Exceeding Rs 10 crore
Tax Rates for Foreign Companies 
Upto Rs 1 crore
Exceeding 1 Crore but not exceeding 10 Crore
Exceeding Rs 10 crore
Tax Rates for Firms / LLPs/Local Authorities
Upto Rs 1 crore
Exceeding Rs 1 crore

30.900
33.063
34.61

41.200
42.024
43.260

30.900
34.61

19.055
20.389
21.342

19.055
19.436
20.008

19.055
21.342