Tax Slab Rate in India
What is the current tax slab rate in India?
Currently there are two different rates for tax calculations. Refer to the table below to consult your tax rate.
| Income Tax | Old Tax Rates (with exemptions and deductions) | New Tax Rates (without exemptions and deductions) |
| 0 - 2,50,000 | 0% | 0% |
| 2,50,000 - 5,00,000 | 5% | 5% |
| 5,00,000 - 7,50,000 | 20% | 10% |
| 7,50,000 - 10,00,000 | 20% | 15% |
| 10,00,000 - 12,50,000 | 30% | 20% |
| 12,50,000 - 15,00,000 | 30% | 25% |
| 15,00,000 & above | 30% | 30% |