Income Tax Slab for FY 2020–21 (AY 2021–22)

Income Tax Slab for Resident Individuals aged less than 60 Years (Both Male & Female)

Budget 2020 has given the individuals options to choose from FY 2020–21 onwards. Either opt for the same tax rates which were applicable last year or the new tax regime.

taxclue.in

Both these tax rates will apply for FY 2020–21 (AY 2021–22), the option to choose has been given to the taxpayer.

Income Tax Rates for Individuals more than or equal to 60 years but less than 80 years known as Senior Citizens (Both Male& Female)

The resident senior citizens will have an option to choose an income tax slab for the FY 2020–21(AY 2021–22) amongst

taxclue.in

Income Tax Rates for Individuals more than or equal to 80 years known as Super Senior Citizens (Both Male and Female)

The resident super senior citizens will have an option to choose an income tax slab for the FY 2020–21(AY 2021–22) amongst

Read more at: https://taxclue.in/income-tax-slab-for-fy-2020-21-ay-2021-22/