What is the current rate of taxes for individual and senior citizens?
What is the current rate of taxes for individual and senior citizens
| Where the taxable income does not exceed Rs. 3,00,000/-. | NIL | |
| ii.Where the taxable income exceeds Rs. 3,00,000/- but does not exceed Rs. 5,00,000/- | 10% of the amount by which the taxable income exceeds Rs. 3,00,000/-. |