Tax Exemption Limit for Women

As per new financial year there is new Tax Rates for Women. The Tax Slab for Women are given below. There is no tax on income up to Rs 2 lakh for ladies, while above Rs 2 lakh and up to Rs 5 lakh, there would be 10% income tax. Find below complete tax exemption limit for women below:

 

Income Tax Slab for Ladies Tax Rates
Rs 0 to Rs 2,00,000 No tax
Rs 2,00,001 to Rs 5,00,000 10%
Rs 5,00,001 to Rs 10,00,000 20%
Above Rs 10,00,000 30%

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