Select any Financial Year from FY 2017-18 to FY 2026-27 โ get accurate income tax calculation based on that year's exact slabs, exemptions and budget changes.
| Rate | Category |
|---|---|
| 0% | Essential: fresh vegetables, milk, eggs, newspapers |
| 5% | Food items, transport services, healthcare |
| 12% | Processed foods, business travel, work contracts |
| 18% | Most services, IT, restaurants, capital goods |
| 28% | Luxury goods, automobiles, tobacco, aerated drinks |