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All about Income Tax Slab for Women

Income Tax Slab for Women (below 60 years of age) - FY 2019-20

Income Tax Slabs

Rate of Tax

For income up to ₹2.5 Lakh

Nil

For income ranging between ₹2,50,001 and ₹5 Lakh

5% of the total income above ₹2,50,000

For income ranging between ₹5,00,001 and ₹10 Lakh

₹12,500+ 20% of the total income above ₹5 Lakh

For income above ₹10 Lakh

₹1,12,500+ 30% of their total income above ₹10 Lakh

Apart from this, you will also be levied with an additional 4% health and education cess, which will be applicable to your total taxable amount. 

Income Tax Slab for Women (Senior Citizens) - FY 2019-20

Income Tax Slabs

Rate of Tax

For income up to ₹3 Lakh

Nil

For income ranging between ₹3,00,001 and ₹5 Lakh

5% of the total income above ₹2,50,000

For income ranging between ₹5,00,001 and ₹10 Lakh

₹10,000+ 20% of the total income above ₹5 Lakh

For income above ₹10 Lakh

₹1,10,000+ 30% of their total income above ₹10 Lakh

You will also be levied with an additional 4% Health and Education cess on your total taxable amount.

Income Tax Slab for Women (Super Senior Citizen) - FY 2019-20

Income Tax Slabs

Rate of Tax

For income up to ₹5 Lakh

Nil

For income ranging between ₹5,00,001 and ₹10 Lakh

20% of the total income above ₹5 Lakh

For income above ₹10 Lakh

₹1,00,000+ 30% of their total income above ₹10 Lakh

Like the two categories above, women above 80 years of age will also be liable to pay an additional 4% health and education cess on their total taxable amount.

Additional Surcharge

Women with an annual income higher than Rs. 50 Lakh will also be levied with a surcharge according to the announcements made in the 2019 Union budget. 

The surcharges applicable are as follows:

Taxable Income

Surcharge rate on Income Tax

For individuals with an income of above ₹50 Lakh and below ₹1 Crore

10%

For individuals with an income of above ₹1 Crore and below ₹2 Crore

15%

For individuals with an income of above ₹2 Crore and below ₹5 Crore

25%

For individuals with an income above ₹1 Crore

37%

The Government of India also provides income tax rebate for women available in accordance with Section 87A of the Income Tax Act, 1961. As announced in the 2019 Union Budget, women taxpayers in India with a total income of up to Rs. 5 Lakh can avail a rebate of up to Rs. 12,500 on their taxes.

Thus, those with a total tax payable below Rs. 12,500 will be exempt from tax payment for FY 2019-20.

How is the Taxable Income Calculated?

Income Tax Exemptions for Women

FAQs about Income Tax Slab for Women