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Income Tax Calculator For AY 2019-20, 2018-19



Income Tax Slab & Rate for FY 2018-19 (Quick Highlights)




  • No tax for individuals with income less than Rs 2,50,000

  • 0%-5% tax with income Rs 2.5 lacs to 5 lacs for different age groups

  • 20% tax with income Rs 5 lacs to 10 lacs

  • Investments upto Rs 1.5 lacs under Sec 80C can save ₹ 45,000 in taxes.



Income Tax Slabs for Individual Tax Payers & HUF (Less Than 60 Years Old) for FY 2018-19 – Part I


































Income Tax SlabsTax RateHealth and Education Cess
Income up to Rs 2,50,000*No tax
Income from Rs 2,50,000 – Rs 5,00,0005%4% of Income Tax
Income from Rs 5,00,000 – 10,00,00020%4% of Income Tax
Income more than Rs 10,00,00030%4% of Income Tax


Income Tax Slabs for Senior Citizens (60 Years Old Or More but Less than 80 Years Old) for FY 2018-19 – Part II
































Income Tax SlabsTax RateHealth and Education Cess
Income up to Rs 3,00,000*No tax
Income from Rs 3,00,000 – Rs 5,00,0005%4% of Income Tax
Income from Rs 5,00,000 – 10,00,00020%4% of Income Tax
Income more than Rs 10,00,00030%4% of Income Tax


Income Tax Slabs for Senior Citizens(80 Years Old Or More) for FY 2018-19 – Part III



























Income Tax SlabsTax RateHealth and Education Cess
Income up to Rs 5,00,000*No tax
Income from Rs 5,00,000 – 10,00,00020%4% of Income Tax
Income more than Rs 10,00,00030%4% of Income Tax



  • Surcharge: 10% of income tax, where the total income exceeds Rs.50 lakh up to Rs.1 crore.

  • Surcharge: 15% of income tax, where the total income exceeds Rs.1 crore.

  • Income tax exemption limit for FY 2018-19 is up to Rs. 5,00,000 other than those covered in Part(I) or (II)






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