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% |