Hi Friends! In Budget 2018 Finance Minister Arun Jaitely announced Income Tax Slab Rate which is most important for every person earning Income From Following Heads: 1) Income From Salary 2) Income From House Property 3) Income from Business & Profession 4) Income from Capital Gain 5) Income from Other Sources Following are income tax slab rate for FY 2018-19 and AY 2019-20: 1) Income tax slab rate for individuals and huf (both men and women) for fy 2018-19 is: upto Rs.250000 tas rate is nil above Rs.250000 to Rs.500000 tax rate is 5% above Rs.500000 to Rs.1000000 tax rate is 20% above Rs.1000000 tax rate is 30% 2) Income tax slab rate for senior citizens (above 60 years to 80 years) for fy 2018-19 is: upto Rs.300000 tas rate is nil above Rs.300000 to Rs.500000 tax rate is 5% above Rs.500000 to Rs.1000000 tax rate is 20% above Rs.1000000 tax rate is 30% 3) Income tax slab rate for super senior citizens (above 80 years) for fy 2018-19 is: upto Rs.500000 tas...