Income Tax Rate Chart Fy 2022-23 | Ay 2023-24

Income Tax Rate chart

Income Tax Rate Chart Fy 2022-23 | Ay 2023-24

[As amended by Finance Act, 2022]

Tax Rates

1. In case of an Individual (resident or non-resident) or HUF or Association of Person or
Body of Individual or any other artificial juridical personĀ 

Individuals
(Other than senior and super senior citizen)

Individuals
(Other than senior and super senior citizen)
Net Income Range Rate of Income-tax
Assessment Year 2023-24 Assessment Year 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%
Senior Citizen
(who is 60 years or more at any time during the previous year)
Net Income Range Rate of Income-tax
Assessment Year 2023-24 Assessment Year 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%
Super Senior Citizen
(who is 80 years or more at any time during the previous year)
Net Income Range Rate of Income-tax
Assessment Year 2023-24 Assessment Year 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%
Hindu Undivided Family (Including AOP, BOI and Artificial Juridical Person)
Net Income Range Rate of Income-tax
Assessment Year 2023-24 Assessment Year 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%

Download full pdf = Income Tax Rate chart Ay 2023-24 fy 2022-23

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