1. Income Tax Rate for Companies for Financial Year 2017-18
| Income Slab | Tax Rate |
| Income upto Rs. 50 Lakhs | 25% |
| Income above Rs. 50 Lakhs | 30% |
| Surcharge Income Less than Rs. 1 Crore Income Rs. 1 Crore to Rs. 10 Crore More than Rs. 10 Crore |
Nil 7% 12% |
Education cess
3% Education cess on Total income tax + surcharge
Income Tax on Partnership Firms for Financial Year 2017-18
| Income Slab | Tax Rate |
| Income Tax Rate | 30% |
| Surcharge Income Less than Rs. 1 Crore More than Rs. 1 Crore |
Nil 12% |
Education cess
3% Education cess on Total income tax + surcharge
Income Tax Rate for Cooperative Societies for for Financial Year 2017-18
| Income Slab | Tax Rate |
| Income Tax Upto Rs. 10,000 | 10% |
| Income Rs. 10,000 to Rs. 20,000 | 20% |
| Income above Rs. 30,000 | 30% |
Education cess
3% Education cess on Total income tax + surcharge
Income tax slab for Individuals and HUF below 60 years men and women for FY 2017-18
| Income Slab | Tax Rate |
| Income upto Rs. 2,50,000 | Nil |
| Rs. 2,50,000 to Rs. 5,00,000 | 5% |
| Rs. 5,00,000 to Rs. 10,00,000 | 20% |
| Rs. 10,00,000 above | 30% |
Surcharge
10% Surcharge for total income from Rs. 50 laksh to Rs. 1 Crore.
15% Surcharge where total income Exceeds Rs. 1 Crore
Education cess
3% Education cess on Total income tax + surcharge
Income tax slab for Senior Citizens 60 year to 80 years men and women for FY 2017-18
| Income Slab | Tax Rate |
| Income upto Rs. 3,00,000 | Nil |
| Rs. 3,00,000 to Rs. 5,00,000 | 5% |
| Rs. 5,00,000 to Rs. 10,00,000 | 20% |
| Rs. 10,00,000 above | 30% |
Surcharge
10% Surcharge for total income from Rs. 50 laksh to Rs. 1 Crore.
15% Surcharge where total income Exceeds Rs. 1 Crore
Education cess
3% Education cess on Total income tax + surcharge
Income tax slab for Senior Citizen 80 years and above men and women for FY 2017-18
| Income Slab | Tax Rate |
| Income upto Rs. 2,50,000 | Nil |
| Rs. 2,50,000 to Rs. 5,00,000 | Nil |
| Rs. 5,00,000 to Rs. 10,00,000 | 20% |
| Rs. 10,00,000 above | 30% |
Surcharge
15% Surcharge where Total Income Exceeds Rs. 1 Crore
Education cess
3% Education cess on Total income tax + surcharge