1. For incomes up to 2,50,000 INR, the tax is nil.
2. For income slabs between 2,50,000 to 5,00,000 INR, the income tax is 5%.
3. For income slabs between 5,00,001 to 7,50,000 the income tax is 10%.
4. For income slabs between 7,50,001 to 10,00,000 the income tax is 15%.
5. For income slabs between 10,00,001 to 12,50,000 the income tax is 20%.
6. For income slabs between 12,50,001 to 15,00,000 the income tax is 25%.
7. For people with income above 15,00,000 per year, the income tax is 30%.