NEW INCOME TAX SLABS. Shall be optional. No exemptions if you want to avail new rates. Income b/w Rs.5 – 7.5 lakh : 10% Income b/w Rs.7.5 – Rs.10 lakh: 15% Income b/w R.10 – Rs.12.5 lakh: 20% Income b/w Rs.12.5 – Rs.15 lakh: 25% Income above Rs.30 lakh: 30%.
Source: https://twitter.com/ShereenBhan/status/1223511520136425472