As per the latest Finance Budget 2018-19, it appears that the Tax Slab as same as the previous Financial Year, but one most profitable section has introduced by this Finance Budget, " Standard Deduction Rs.40,000/-.
The Salaried persons can reduce their tax burden for the financial year 2018-19. More one good news for Sr.Citizen that the exempt U/s 80TTB up to Rs. 10,000/- which is also newly introduced by this Finance Budget
Given below the Income Tax Slab for the Financial Year 2018-19 & Ass Year 2019-20