Income Tax Slab FY 2021-22

Income Tax Slab          New Regime Income Tax Slab Rates FY 2021-22
                    (Applicable for All Individuals & HUF)

Rs 0.00 – Rs 2.5 lakh           NIL
Rs 2.5 lakh – Rs 3.00 lakh            5% (tax rebate u/s 87a is available)
Rs 3.00 lakh – Rs 5.00 lakh         5% (tax rebate u/s 87a is available)
Rs 5.00 lakh- Rs 7.5 lakh           10%
Rs 7.5 lakh – Rs 10.00 lakh        15%
Rs 10.00 lakhs – Rs 12.50 lakh       20%
Rs 12.5 lakhs – Rs 15.00 lakh       25%
Above Rs 15 lakh             30%