Income Tax Rates for Taxpayers Under 60 Years 2019-2020:
|Income Slab||Income Tax Rate|
|Up to Rs. 5,00,000||NIL|
|Rs. 5,00,000 to Rs.10,00,000||20%|
Other Tax Exemptions Calculations:
|Home Loan Interest||2,00,000|
As per the current Income Tax Calculator 2019-2020 tax slabs changed and the Income Tax exemption upto 5 lakh is one of the decision all the tax payer will consider a good one. There are other benefits also given checkout the Income tax calculations 2019-2020 and final income tax slabs for 2019-2020.