Basic Exemption Limit has been increased to Five Lakhs for Individual and Six Lakhs for couple from four lakhs and four lakhs fifty thousand respectively.
1.1 For Resident Natural Person
|A||Upto Five Lakhs||Upto Six Lakhs||1%*|
|B||Next two Lakhs||Next two Lakhs||10%|
|C||Next Three Lakhs||Next Three Lakhs||20%|
|D||Upto 20 Lakhs||Upto 20 Lakhs||30%|
|E||More than 20 lakhs||More than 20 lakhs||36%**|