Income tax slab rate for individual/HUF for A.Y. 2015-2016

For Individual (Male of Female both below age of 60Yr.), HUF,AOP and BOI
Income below 2,50,000                                                           Nil
Income Exceeds 2,50,000 but up to 5,00,000                         10 per cent of the amount by which total                                                                                                         income exceeds Rs. 2,50,000
Income Exceeds Rs. 5,00,000 but up to 10,00,000                  Rs. 25,000 plus 20 percent of the amount
                                                                                                by which income exceeds Rs. 5,00,000
Income Exceed Rs. 10,00,000                                                  Rs. 1,25,000 plus 30 percent of the amount
                                                                                                 by which income exceeds Rs. 10,00,000

For Individual Senior citizens (individual Who is age of 60Yr.. or more nut less then 80Yr.)
Income below 3,00,000                                                           Nil
Income Exceeds 3,00,000 but up to 5,00,000                         10 per cent of the amount by which total                                                                                                         income exceeds Rs. 3,00,000
Income Exceeds Rs. 5,00,000 but up to 10,00,000                  Rs. 20,000 plus 20 percent of the amount
                                                                                                by which income exceeds Rs. 5,00,000
Income Exceed Rs. 10,00,000                                                  Rs. 1,20,000 plus 30 percent of the amount
                                                                                                 by which income exceeds Rs. 10,00,000


For Individual Super Senior Citizen  (individual who is age of 80 yr. or more)
Income below 5,00,000                                                           Nil
Income Exceeds Rs. 5,00,000 but up to 10,00,000                   20 percent of the amount
                                                                                                by which income exceeds Rs. 5,00,000
Income Exceed Rs. 10,00,000                                                  Rs. 1,00,000 plus 30 percent of the amount
                                                                                                 by which income exceeds Rs. 10,00,000

Note:- 1. 10% Surcharge on individual, HUF , AOP, BOI, if total income exceeds Rs. 1 Crore.
2. Education Cess 2% of income tax
3. Secondary & higher Education cess 1% of income tax
4. Tax rebate of Rs. 2000 Under section 87A of income tax Act, 1961 only for individual having total income upto Rs. 5,00,000. (This rebate not for HUF,AOP, BOI.)