New income tax slab for FY 2020-21:
₹5lakh-7.5 lakh: 10%,
₹7.5 lakh to ₹10 lakh: 15%,
₹10 lakh-12.5 lakh: 20%,
₹12.5 lakh-15 lakh: 25%.
For those earning above ₹15 lakh, 30%.
₹5lakh-7.5 lakh: 10%,
₹7.5 lakh to ₹10 lakh: 15%,
₹10 lakh-12.5 lakh: 20%,
₹12.5 lakh-15 lakh: 25%.
For those earning above ₹15 lakh, 30%.