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Income Tax Slab & Rate for FY 2019-20, 18-19 & 17-18No tax for individuals with income less than ₹ 2,50,0000%-5% tax with income ₹ 2.5 lacs to 5 lacs for different age groups20% tax with income ₹ 5 lacs to 10 lacsInvestments upto ₹ 1.5 lacs under Sec 80C can save ₹ 46,800 in taxes.Invest in Best Tax Saving Mutual FundsSave up to Rs 46,800 in taxesHighest returns among other 80C optionsGet Instant Investment ProofIncome Tax Slabs Rates for FY 2019-20 (AY 2020-21) Individuals & HUF(Age <60 years) Senior Citizens(Age: 60-80 yrs) Super Senior Citizens(Age > 80 yrs) DomesticCompaniesIncome Tax Slabs Rates for Previous Years Income Tax Slabs Rates for FY 2018-19 Income Tax Slabs Rates for FY 2017-18 Income Tax Slabs Rates for FY 2016-17 Income Tax Slabs Rates for FY 2015-16INTRODUCTION FOR SLABSIn India, income tax is levied on individual taxpayers on the basis of a slab system where different tax rates have been prescribed for different slabs and such tax rates keep incre...