Tax Slab for FY - 19-20 ( AY - 20-21 )

Tax Slab FY -  19-20 or AY - 20-21 (Blow age 60 years)

Up to Rs. 2,50,000	No Tax
Above 2,50,000 - 5,00,000	5% + cess 4%
Above 5,00,000 - 7,50,000	10% + cass 4%
Above 7,50,000 - 10,00,000	15% + cass 4%
Above 10,00,000 - 12,50,000	20% + cass 4%
Above 12,50,000 - 15,00,000	25% + cass 4%

Rebate u/s 87A for FY - 19-20 (AY - 20-21) you can claim tax rebate rebate this provision if you meet the following conditions:

1. You must be a resident individual

2. Your Total Income after deduction u/s 80 doesn't exceed Rs 5 lakh.

The tax rebate is limited to 12,500. This means, If your total payable is less then or equal Rs. 12,500, then you will not have to pay any tax.

Tax Slab FY -  19-20 or AY - 20-21 (Age 60 & above but less then 80 years)

Up to 3,00,000	No Tax
Above 3,00,000 to 5,00,00	5% + cess 4%
Above 5,00,000 to 10,00,000	20% + cess 4%
Above 10,00,000	30% + cess 4%

Rebate u/s 87A for FY - 19-20 (AY - 20-21) you can claim tax rebate rebate this provision if you meet the following conditions:

1. You must be a resident individual

2. Your Total Income after deduction u/s 80 doesn't exceed Rs 5 lakh.

The tax rebate is limited to 12,500. This means, If your total payable is less then or equal Rs. 12,500, then you will not have to pay any tax.

Tax Slab FY -  19-20 or AY - 20-21 (Age 80 & above years)

Up to 5,00,000	No Tax
Above 5,00,000 to 10,00,00	20% + cess 4%
Above 10,00,000	30% + cess 4%

Rebate u/s 87A for FY - 19-20 (AY - 20-21) you can claim tax rebate rebate this provision if you meet the following conditions:

1. You must be a resident individual

2. Your Total Income after deduction u/s 80 doesn't exceed Rs 5 lakh.

The tax rebate is limited to 12,500. This means, If your total payable is less then or equal Rs. 12,500, then you will not have to pay any tax.