Here are the slabs for the income tax for the income incurring in Financial Year 2014-2015. The assessment year for these slabs is 2015-2016. Income tax slabs For General tax payers Yearly Income Tax Rate Upto Rs. 2,50,000 Nil Rs. 2,50,001 to Rs. 5,00,000 10%* Rs. 5,00,001 to Rs. 10,00,000 20% Above Rs. 10,00,000 30%** […]