Tax liability an individual shall be computed at the slab rate give in relevant Finance Act i.e. Finance Act. 2017 for the AY 2018-19 (PY 2017-18) and the rates are as given below:

If total Income up to Rs. 2,50,000 Nil
On next Rs. 2,50,000 5%
On next Rs. 5,00,000 20%
On Balance amount 30%

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