No changes made in Income Tax Slabs and Rates for FY 2019-20 / AY 2020-21
· Income Tax exemption limit remains Rs. 2.5 lakh for all Citizens below 60 years.
· Income Tax exemption limit remains Rs. 3 lakh for Senior Citizens (60 years or above).
· Income Tax exemption limit remains Rs. 5 lakh for Very Senior Citizens (80 years or above).
