Annual Income (INR) Tax Rate (%) Up to 3,00,000 ₹ Nil ₹ ₹ 3,00,001 – 7,00,000 5% ₹ ₹ 7,00,001 – 10,00,000 10% ₹ ₹ 10,00,001 – 12,00,000 15% ₹ ₹ 12,00,001 – 15,00,000 20% Above 15,00,000 ₹ 30%