Computation of Tax for ‘Individual or HUF’ in case both Opting and without Opting New Tax Regime of Section 115BAC |
(A) If an 'Individual or HUF' has Not Opted for New Tax Regime of Section 115BAC |
Taxable Income |
(Resident Individual)
- |
( Resident Senior Citizen) |
( Resident Super Senior Citizen) |
Tax Payable |
Tax Payable |
Tax Payable |
A.Y. 2021-22 |
A.Y. 2020-21 |
A.Y. 2021-22 |
A.Y. 2020-21 |
A.Y. 2021-22 |
A.Y. 2020-21 |
2,50,000 |
- |
- |
- |
- |
- |
- |
3,00,000 |
- |
- |
- |
- |
- |
- |
3,50,000 |
- |
- |
- |
- |
- |
- |
4,00,000 |
- |
- |
- |
- |
- |
- |
4,50,000 |
- |
- |
- |
- |
- |
- |
5,00,000 |
- |
- |
- |
- |
- |
- |
7,50,000 |
65,000 |
65,000 |
62,400 |
62,400 |
52,000 |
52,000 |
10,00,000 |
1,17,000 |
1,17,000 |
1,14,400 |
1,14,400 |
1,04,000 |
1,04,000 |
15,00,000 |
2,73,000 |
2,73,000 |
2,70,400 |
2,70,400 |
2,60,000 |
2,60,000 |
20,00,000 |
4,29,000 |
4,29,000 |
4,26,400 |
4,26,400 |
4,16,000 |
4,16,000 |
30,00,000 |
7,41,000 |
7,41,000 |
7,38,400 |
7,38,400 |
7,28,000 |
7,28,000 |
50,00,000 |
13,65,000 |
13,65,000 |
13,62,400 |
13,62,400 |
13,52,000 |
13,52,000 |
1,00,00,000 |
32,17,500 |
32,17,500 |
32,14,640 |
32,14,640 |
32,03,200 |
32,03,200 |
2,00,00,000 |
69,51,750 |
69,51,750 |
69,48,760 |
69,48,760 |
69,36,800 |
69,36,800 |
5,00,00,000 |
1,92,56,250 |
1,92,56,250 |
1,92,53,000 |
1,92,53,000 |
1,92,40,000 |
1,92,40,000 |
7,00,00,000 |
2,96,53,650 |
2,96,53,650 |
2,96,50,088 |
2,96,50,088 |
2,96,35,840 |
2,96,35,840 |
|
|
(B) If an 'Individual or HUF' has Opted for New Tax Regime of Section 115BAC
Taxable Income |
Tax under New Tax Regime of Sec. 115BAC |
2,50,000 |
- |
3,00,000 |
- |
3,50,000 |
- |
4,00,000 |
- |
4,50,000 |
- |
5,00,000 |
- |
7,50,000 |
39,000 |
10,00,000 |
78,000 |
15,00,000 |
1,95,000 |
20,00,000 |
3,51,000 |
30,00,000 |
6,63,000 |
50,00,000 |
12,87,000 |
1,00,00,000 |
31,31,700 |
2,00,00,000 |
68,62,050 |
5,00,00,000 |
1,91,58,750 |
7,00,00,000 |
2,95,46,790 |
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