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Income range Income tax rate Up to Rs. 3,00,000

Income range

Income tax rate

Up to Rs. 3,00,000

Nil

Rs. 300,000 to Rs. 6,00,000

5% on income which exceeds Rs 3,00,000 

Rs. 6,00,000 to Rs. 900,000

Rs 15,000 + 10% on income more than Rs 6,00,000

Rs. 9,00,000 to Rs. 12,00,000

Rs 45,000 + 15% on income more than Rs 9,00,000

Rs. 12,00,000 to Rs. 1500,000

Rs 90,000 + 20% on income more than Rs 12,00,000

Above Rs. 15,00,000

Rs 150,000 + 30% on income more than Rs 15,00,000

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  #incomeTax  2023 slab