Income Tax rates Since Year Assessment Year 1992-1993

Tax slabs for various years from FY 1985-86(AY 1986-87) to FY 2019-20 (AY 2020-21) are given below :

Income tax slabs for FY 2019-20

TAX	MEN / WOMEN	SENIOR CITIZEN(Between 60 yrs to 80 yrs)	For Very Senior Citizens(Above 80 years)
No Tax (Basic Exemption)	250000	300000	500000
5% tax	250001 to 500000	300001-500000	–
20% tax	500001 to 1000000	500001 to 1000000	500001 to 1000000
30% tax	above 1000000	above 1000000	above 1000000
Standard Deduction	50,000
Surcharge	10% of tax where the total income exceeds Rs. 50 lakh 15% of tax where the total income exceeds Rs. 1 crore
Health and Education Cess	4% on Income-tax
Rebate under section 87A	A resident individual is entitled to a rebate if his total income does not exceed Rs. 5,00,000. The amount of rebate shall be 100% of income-tax or Rs. 12,500, whichever is less.

For the Financial year 2018-19 or Assessment Year 2019-20

TAX	MEN and WOMEN	SENIOR CITIZEN(Between 60 yrs to 80 yrs)	For Very Senior Citizens(Above 80 years)
Basic Exemption	250000	300000	500000
5% tax	250001 to 500000	300001 to 500000	–
20% tax	500001 to 1000000	500001 to 1000000	500001 to 1000000
30% tax	above 1000000	above 1000000	above 1000000
Surcharge	10% of tax where total income exceeds Rs. 50 lakh 15% of tax where total income exceeds Rs. 1 crore
Education Cess	Health & Education cess: 4% of tax plus surcharge

If interested in how Personal Tax rates have evolved in India you can read:

For Financial year 2015-16 or Assessment Year 2016-17

Returns to be filed by 31 Jul 2016.

TAX	MEN and WOMEN	SENIOR CITIZEN(Between 60 yrs to 80 yrs)	For Very Senior Citizens(Above 80 years)
Basic Exemption	250000	300000	500000
10% tax	250001 to 500000	300001 to 500000	–
20% tax	500001 to 1000000	500001 to 1000000	500001 to 1000000
30% tax	above 1000000	above 1000000	above 1000000
Surcharge	10% of the Income Tax, where total taxable income is more than Rs. 1 crore
Education Cess	3% on Income-tax plus Surcharge.

For Financial year 2014-15 or Assessment Year 2015-16

Returns to be filed by 7 Sep 2015.

TAX	MEN and WOMEN	SENIOR CITIZEN(Between 60 yrs to 80 yrs)	For Very Senior Citizens(Above 80 years)
Basic Exemption	250000	300000	500000
10% tax	250001 to 500000	300001 to 500000	–
20% tax	500001 to 1000000	500001 to 1000000	500001 to 1000000
30% tax	above 1000000	above 1000000	above 1000000
Surcharge	10% of the Income Tax, where total taxable income is more than Rs. 1 crore
Education Cess	3% on Income-tax plus Surcharge.

For Financial year 2013-14 or Assessment Year 2014-15

Returns to be filed by 31 Jul 2014.

TAX	MEN and WOMEN	SENIOR CITIZEN(Between 60 yrs to 80 yrs)	For Very Senior Citizens(Above 80 years)
Basic Exemption	200000	250000	500000
10% tax	200001 to 500000	250001 to 500000	–
20% tax	500001 to 1000000	500001 to 1000000	500001 to 1000000
30% tax	above 1000000	above 1000000	above 1000000
Surcharge	10% of the Income Tax, where total taxable income is more than Rs. 1 crore
Education Cess	3% on Income-tax plus Surcharge.

For Financial year 2012-13 or Assessment Year 2013-14

TAX	MEN and WOMEN	SENIOR CITIZEN(Between 60 yrs to 80 yrs)	For Very Senior Citizens(Above 80 years)
Basic Exemption	200000	250000	500000
10% tax	200001 to 500000	250001 to 500000	–
20% tax	500001 to 1000000	500001 to 1000000	500001 to 1000000
30% tax	above 1000000	above 1000000	above 1000000
Surcharge	There is no surcharge in the case of every individual, Hindu undivided family, Association of persons and body of individuals
Education Cess	3% on Income-tax plus Surcharge.

For Financial year 2011-12 or Assessment Year 2012-13

TAX	MEN	WOMEN	SENIOR CITIZEN(Between 60 yrs to 80 yrs)	For Very Senior Citizens(Above 80 years)
Basic Exemption	180000	190000	250000	500000
10% tax	180001 to 500000	190001 to 500000	250001 to 500000	–
20% tax	500001 to 800000	500001 to 800000	500001 to 800000	500001 to 800000
30% tax	above 800000	above 800000	above 800000	above 800000
Surcharge	There is no surcharge in the case of every individual, Hindu undivided family, Association of persons and body of individuals
Education Cess	3% on Income-tax plus Surcharge.

For Financial year 2010-11 or Assessment Year 2011-12

TAX	MEN	WOMEN	SENIOR CITIZEN
Basic Exemption	160000	190000	240000
10% tax	160001 to 500000	190001 to 500000	240001 to 500000
20% tax	500001 to 800000	500001 to 800000	500001 to 800000
30% tax	above 800000	above 800000	above 800000
Surcharge	There is no surcharge in the case of every individual, Hindu undivided family, Association of persons and body of individuals
Education Cess	3% on Income-tax plus Surcharge.

For Financial year 2009-10 or Assessment Year 2010-11

TAX	MEN	WOMEN	SENIOR CITIZEN
Basic Exemption	160000	190000	240000
10% tax	160001 to 300000	190001 to 300000	240001 to 300000
20% tax	300001 to 500000	300001 to 500000	300001 to 500000
30% tax	above 500000	above 500000	above 500000
Surcharge	There is no surcharge in the case of every individual, Hindu undivided family, Association of persons and body of individuals.
Education Cess	3% on Income-tax plus Surcharge.

For Financial year 2008-09 or Assessment Year 2009-10

TAX	MEN	WOMEN	SENIOR CITIZEN
Basic Exemption	150000	180000	225000
10% tax	150001 to 300000	180001 to 300000	225001 to 300000
20% tax	300001 to 500000	300001 to 500000	300001 to 500000
30% tax	above 500000	above 500000	above 500000
Surcharge for Taxable Income > 10,00,000	10%	10%	10%
Education Cess	3% on Income-tax plus Surcharge.

For Financial year 2007-08 or Assessment Year 2008-09

TAX	MEN	WOMEN	SENIOR CITIZEN
Basic Exemption	110000	145000	195000
10% tax	110001 to 150000	145001 to 150000	nil
20% tax	150001 to 250000	150001 to 250000	195001 to 250000
30% tax	above 250000	above 250000	above 250000
Surcharge for Taxable Income > 10,00,000	10%	10%	10%
Education Cess	3% on Income-tax plus Surcharge.

For Financial year 2006-07 and 2005-06 or Assessment Year 2007-08 and 2006-2007

TAX	MEN	WOMEN	SENIOR CITIZEN
Basic Exemption	100000	135000	185000
10% tax	100001 to 150000	135001 to 150000	nil
20% tax	150001 to 250000	150001 to 250000	185001 to 250000
30% tax	above 250000	above 250000	above 250000
Surcharge for Taxable Income > 10,00,000	10%	10%	10%
Education Cess	2% on Income-tax plus Surcharge.

For Financial year 2004-05 and 2003-04 or Assessment Year 2005-06 and 2004-2005

TAX	MEN	WOMEN	SENIOR CITIZEN
Basic Exemption	50000	50000	50000
10% tax	50001 to 60000	50001 to 60000	50001 to 60000
20% tax	60001 to 150000	60001 to 150000	60001 to 150000
30% tax	above 150000	above 150000	above 150000
Surcharge for Taxable Income > 8,50,000	10%	10%	10%
Education Cess	2% on Income-tax plus Surcharge.

For Financial year 2002-03 or Assessment Year 2003-04

TAX	MEN	WOMEN	SENIOR CITIZEN
Basic Exemption	50000	50000	50000
10% tax	50001 to 60000	50001 to 60000	50001 to 60000
20% tax	60001 to 150000	60001 to 150000	60001 to 150000
30% tax	above 150000	above 150000	above 150000
Surcharge for Taxable Income > 1,50,000	5%	5%	5%

For Financial year 2001-02 or Assessment Year 2002-03

TAX	MEN	WOMEN	SENIOR CITIZEN
Basic Exemption	50000	50000	50000
10% tax	50001 to 60000	50001 to 60000	50001 to 60000
20% tax	60001 to 150000	60001 to 150000	60001 to 150000
30% tax	above 150000	above 150000	above 150000
Surcharge for Taxable Income > 60,000	2%	2%	2%

For Financial year 2000-01 or Assessment Year 2001-02

TAX	MEN	WOMEN	SENIOR CITIZEN
Basic Exemption	50000	50000	50000
10% tax	50001 to 60000	50001 to 60000	50001 to 60000
20% tax	60001 to 150000	60001 to 150000	60001 to 150000
30% tax	above 150000	above 150000	above 150000
Surcharge for Taxable Income > 60,000	12%	12%	12%
Surcharge for Taxable Income > 150000	17%	17%	17%

ASSESSMENT YEAR 2000-2001

Upto 50000	Nil
50000 to 60000	10%
60000 to 150000	1000+20%
150000 and above	19000+30%
Surcharge	10% if the taxable income exceeds Rs.60,000
Standard Deduction	Upto 1,00,000 – Rs.25,000 or 33 1/3%
	1,00,000 to 5,00,000 – Rs.20,000
	5,00,000 & above – Nil

ASSESSMENT YEAR 1999 – 2000

Upto 50000	Nil
50000 to 60000	10%
60000 to 150000	1000+20%
150000 and above	19000+30%
Surcharge	Nil
Standard Deduction	Upto 1,00,000 – Rs.25,000 or 33 1/3%
	1,00,000 to 5,00,000 – Rs.20,000
	5,00,000 & above – Nil

ASSESSMENT YEAR 1998-1999

Upto 40000	Nil
40000 to 60000	10%
60000 to 150000	2000+20%
150000 and above	20000+30%
Surcharge	Nil
Standard Deduction	33 1/3% of salary or 20000 whichever is less

ASSESSMENT YEAR 1997-1998

Upto 40000	Nil
40000 to 60000	15%
60000 to 120000	3000+30%
120000 and above	21000+40%
Surcharge	Nil
Standard Deduction	33 1/3% of salary or 15000 whichever is less
	And for ladies, if income exceeds Rs. 75,000 the S.D is Rs.18000/-

ASSESSMENT YEAR 1996-1997

Upto 40000	Nil
40000 to 60000	20%
60000 to 120000	4000+30%
120000 and above	22000+40%
Surcharge	Nil
Standard Deduction	33 1/3% of salary or 15000 whichever is less

ASSESSMENT YEAR 1995-1996

Upto 35000	Nil
35000 to 60000	20%
60000 to 120000	5000+30%
120000 and above	23000+40%
Surcharge	Nil
Standard Deduction	33 1/3% of salary or 15000 whichever is less
	And for ladies, if income exceeds Rs. 75,000 the S.D is Rs.18000/-

ASSESSMENT YEAR 1994-1995

Upto 30000	Nil
30000 to 50000	20%
50000 to 100000	4000+30%
100000 and above	19000+40%
Surcharge	12% if taxable income exceeds 1,00,000
Standard Deduction	33 1/3% of salary or 15000 whichever is less
	And for ladies, if income exceeds Rs. 75,000 the S.D is Rs.18000/-

ASSESSMENT YEAR 1993-1994

Upto 28000	Nil
28000 to 50000	20%
50000 to 100000	4400+30%
100000 and above	19400+40%
Surcharge	12% if taxable income exceeds 1,00,000
Standard Deduction	33 1/3% of salary or 12000 whichever is less
	And for ladies, if income exceeds Rs. 75,000 the S.D is Rs.18000/-

ASSESSMENT YEAR 1992-1993

Upto 22000	Nil
22000 to 30000	20%
30000 to 50000	1600+30%
50000 to 100000	7600+40%
100000 and above	27600+50%
Surcharge	12% if taxable income exceeds 75,000
Standard Deduction	33 1/3% of salary or 12000 whichever is less

ASSESSMENT YEAR 1991-1992

Upto 22000	Nil
22000 to 30000	20%
30000 to 50000	30%
50000 to 100000	40%
100000 and above	50%
Surcharge	12% if taxable income exceeds 75,000

ASSESSMENT YEAR 1990-91

Upto 18000	Nil
18000 to 25000	25%
25000 to 50000	30%
50000 to 100000	40%
100000 and above	50%
Surcharge	8% if taxable income exceeds 50,000

ASSESSMENT YEAR 1986-87 to 1989-1990

Upto 18000	Nil
18000 to 25000	25%
25000 to 50000	30%
50000 to 100000	40%
100000 and above	50%
Surcharge	5% if taxable income exceeds 50,000

Ishika Agarwal says:

March 8, 2019 at 11:50 PM

thankyou so much for sharing such useful data. this has clarified my knowledge. keep writing.

Reply
Fazil says:

November 24, 2016 at 9:23 PM

I required standard deduction and exemption for salaried person since 1989..

Reply
Business says:

September 14, 2016 at 8:00 AM

wonderful points altogether, you just gained a brand new reader. What would you recommend in regards to your post that you made some days ago? Any certain?

Reply
Tamekia Rausch says:

July 30, 2016 at 2:57 PM

Thanks!

Reply
NARENDRA GAJBHIYE says:

April 4, 2015 at 6:15 PM

Please send salary slab for profession tax libility from 2000 to 2015.

Reply
- Kirti says:
  
  April 5, 2015 at 4:36 PM
  
  Sir can you expand on the question please. Is some information missing for tax liability?
  
  Reply
Vijaybhai says:

February 15, 2015 at 12:23 PM

wht about rate of std deductions frm 2001 to 2008?

Reply
- rohit says:
  
  March 12, 2016 at 12:38 PM
  
  33.33%
  
  Reply
Vijaybhai says:

February 15, 2015 at 12:21 PM

KIRTI JI,

For my form 10 E, for arrears , I need the slabs of Tax & deductions from 1989 pl send it to me or post here n let me know it

Reply
- Kirti says:
  
  February 17, 2015 at 6:11 AM
  
  Hello VijayBhai,
  
  I have added to the post. Hope it helps.
  
  Reply
  - Vijaybhai C.Parekh says:
    
    March 20, 2015 at 6:36 PM
    
    Thanks, Kirtibhai, It was helpfull indeed. Thanks a lot for good response.
    
    Reply
    - Vijaybhai C.Parekh says:
      
      March 20, 2015 at 6:52 PM
      
      Kirtibhai.. for that same form 10. E, I need urgently MY FORM 16, which may have been given by mythen offices to IT depart.
      Can I get it from IT depart, or any online or any computerised records of the IT depart…
      
      This is a problem as i was under transfer in various remote offices of State Govt, was less paid , no form 16 wth me , & to trace the Form 16 frm diff. remote offices, is difficult.I had got less pay & now for the arrears , I hv to pay huge tax..
      so, is there a way ,
      Can I call u or my no.is 09898082513.
      
      Reply
      - Vijaybhai C.Parekh says:
        
        March 20, 2015 at 6:59 PM
        
        the reqd form 16, are from 1990- to 2006, so can I get the record frm IT depart it self ?
        Tell me pl .
        for the entire time period , I was under Gujarat IT depart.
      - Kirti says:
        
        March 20, 2015 at 9:23 PM
        
        I am not sure VijayBhai. An individual is required to keep records for last 6 years only. Form 16 from 1990-2006 chances are slim -Kirtiben
      - Vijaybhai C.Parekh says:
        
        March 23, 2015 at 7:34 PM
        
        o.k. Medam ….But.. can U tell the IT rule no. or section no under which an Individual is reqd to keep Records of ONLY LAST SIX YEARS… ?….thanks…for reply
mumbai to pune taxi service says:

September 8, 2014 at 1:43 AM

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Reply
Awilda Brewington says:

July 23, 2014 at 2:12 PM

Lovely Post, I was searching from last 1 hour to get these details info and finally got it on your blog, thanks for sharing this valuable post.

Reply
- Kirti says:
  
  July 25, 2014 at 3:36 AM
  
  Thanks Awilda. Surprised at your email details, your website incometaxslabs.co.in is good one. Keep up the good work.
  
  Reply
mazharulhaqabbasi says:

July 14, 2014 at 9:21 PM

I need exemption limit for fy 1991-1992 pl. help thanks

Reply
mazharulhaqabbasi says:

July 14, 2014 at 9:17 PM

sir I’m not getting the exemption slab for fy 1991-1992 pl. help. be obliged thanks

Reply
- Kirti says:
  
  July 15, 2014 at 4:25 AM
  
  For FY 1991-192 (AY 1992-93) Basic exemption limit was Rs 2,20,000. Rest have been updated on the webpage.
  
  Reply
mazharulhaq abbasi says:

July 14, 2014 at 4:31 PM

my an humble question I’ve applied VRS on 1st of July 1991 n was working till 22nd of Nov 1991 had not replied at all and stopped my pension due from 01-10-1991, till 16-06 1998 had not paid a single pie as a pension, after that a megar amount were paid till 2013 when court ordered to retire since 01-10-1991 it is delaye 2 yrs after contemot of court notice they paid a lump sum amount about 12,00000/ for the 23 yrs pension. incom tax dept given notice 29th of Mar 2014 I paid about 2,69000/ as income tax can it be refunded if yearly it is not comming in limit of exemption?

Reply
- Kirti says:
  
  July 15, 2014 at 4:40 AM
  
  Sir I am not sure that one can claim for income tax paid. It depends on the notice that Income Tax dept had sent.
  Best would be to talk to a professional.
  
  Reply
- Vijaybhai says:
  
  February 15, 2015 at 12:18 PM
  
  good info here by kirti,BUT>>for mr. ABBASI.. fill up form 10 E & U can get a refund frm IT , for tht u can go to a CA or a Govt. tax expert professional , all the best
  
  Reply
reddy says:

July 11, 2014 at 12:36 PM

very great information
and thanks for your interest on gathering

Reply
Ganesh says:

April 16, 2014 at 8:41 AM

This is a great information. I appreciate your hard work on this!!

Thanks!

Reply
- Kirti says:
  
  April 17, 2014 at 4:53 AM
  
  Thanks a lot Ganesh for such kind and encouraging words. You have made our hard work worth it!
  
  Reply
vidya sagar bansal says:

February 27, 2013 at 9:09 AM

please send us salab of income tax from f.y. 1970-71

Reply
- Kirti says:
  
  February 28, 2013 at 4:40 AM
  
  Our page Income Tax rates since AY 1992-93 as the name suggests have income tax rates since AY 1992-93.
  Why do you need information since FY 70-71?
  
  Reply
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Income Tax Slab & Rate Since AY 1986-1987,for FY 2019-20, 18-19 & 17-18

Income tax slabs for FY 2019-20

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