Income Tax Slab Rates for FY 20-21 (AY 2021-22 )

Income tax slab rate applicable for New Tax regime – Financial year 2020-2021, Assessment year 2021-2022 

Here you find the chart of Income Tax Slab for AY 2020-21 in case of Individual and HUF assessee.

Income Tax Slab	New Regime Income Tax Slab Rates for FY 2020-21 (Applicable for All Individuals & HUF)
Rs 0.0 – Rs 2.5 Lakhs	NIL
Rs 2.5 lakhs- Rs 3.00 Lakhs	5% (tax rebate u/s 87a is available)
Rs. 3.00 lakhs – Rs 5.00 Lakhs	5% (tax rebate u/s 87a is available)
Rs. 5.00 lakhs- Rs 7.5 Lakhs	10%
Rs 7.5 lakhs – Rs 10.00 Lakhs	15%
Rs 10.00 lakhs – Rs. 12.50 Lakhs	20%
Rs. 12.5 lakhs- Rs. 15.00 Lakhs	25%
> Rs. 15 Lakhs	30%