Mitron Posted February 1, 2019 Report Posted February 1, 2019 Income tax slabs are still the same in #Budget2019 ₹0-₹2.5L - 0% ₹2.5L-₹5L - 5% (if your income < ₹5L, you pay taxes up to ₹12,500 but under Section 87A you get rebate of up to ₹12,500. Hence NO tax) ₹5L-₹10L - 20% (if your income > ₹5L, nothing changes) 10L+ - 30% This section 87A now gives you a rebate if you earn less than 5 lakhs taxable income per year. Therefore, good benefits for middle class people who earn less than 5 lakhs a year 🙏 Quote
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