As per the Finance Budget 2017, the Income Tax has changed and new Tax Slab Rate has produced.
The Income Tax Rebate U/s 87A has reduced from Rs. 5,000/- who's taxable income less than 5 lakh but by the Finance Budget 2017 has reduced the Tax Rebate Rs. 2,500/- who's Taxable Income less than 3.5 Lakh.
It appears that the Finance Budget has abolished the Income Tax Slab @ 10%, In this regard the Tax Slab for the Financial Year 2017-18 as given below.