Income Tax Slab Rates for the Assessment Year 2023-24 PDF
- Resident individuals below the age of 60 years.
- Resident individual of the age of 60 years or above at any time during the year but below
the age of 80 years. - Resident individuals of the age of 80 years or above at any time during the year.
- Non-resident individuals irrespective of age.
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
Income Tax Slab Rates for Individuals for AY 2023-24
(Other than senior and super senior citizens)
| Net Income Range | Rate of Income-tax | |
| AY 2023-24 | AY 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% |
Income Tax Slab Rates for Senior Citizens for AY 2023-24
(who is 60 years or more at any time during the previous year)
| Net Income Range | Rate of Income-tax | |
| AY Year 2023-24 | AY 2022-23 | |
| Up to Rs. 3,00,000 | – | – |
| Rs. 3,00,000 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% |
Income Tax Slab Rates for Super Senior Citizens for AY 2023-24
(who is 80 years or more at any time during the previous year)
| Net Income Range | Rate of Income-tax | |
| AY 2023-24 | AY 2022-23 | |
| Up to Rs. 5,00,000 | – | – |
| Rs. 5,00,000 to Rs. 10,00,000 | 20% | 20% |
| Above Rs. 10,00,000 | 30% | 30% |
Income Tax Slab Rates for Hindu Undivided Family for AY 2023-24
(Including AOP, BOI, and Artificial Juridical Person)
| Net Income Range | Rate of Income-tax | |
| AY 2023-24 | AY 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% |