Income Tax Rate For AY 2023-24
Income Tax Rates 1. In case of an Individual (resident or non-resident) or HUF or Association of Person or Body of Individual or any other artificial juridical person Individuals (Other than senior and super senior citizen) Net Income Range Rate of Income-tax Assessment Year 2023-24 Assessment Year 2022-23 Up to Rs. 2,50,000 - - Rs. 2,50,000 to Rs. 5,00,000 5% 5% Rs. 5,00,000 to Rs. 10,00,000 20% 20% Above Rs. 10,00,000 30% 30% Senior Citizen (who is 60 years or more at any time during the previous year) Net Income Range Rate of Income-tax Assessment Year 2023-24 Assessment Year 2022-23 Up to Rs. 3,00,000 - - Rs. 3,00,000 to Rs. 5,00,000 5% 5% ...