evidence: There was no change in the Income Tax Slabs and rates as announced in the Interim Budget by FM Piyush Gupta Ji and in the union budget of 2019-20 as announced by Finance Minister Nirmala Sitharaman. Taxpayers whose income does not exceed Rs 500000 will remain tax-free and enjoy the benefit of a rebate of Rs 12,500 u/s 87A. Due to newly introduced surcharges, those taxpayers whose income is between Rs 2 crore to Rs 5 crore will have to pay 39% as tax and those taxpayers whose income is more than Rs 5 crore will have to pay 42% as tax. [...] The tax structure which was framed by Dr Manmohan Singh has not been considerably changed till now and is of the same structure that he framed during his services as the Finance Minister of India. He was a success in reducing the tax slab to three, the lowest ever. The three slabs were such that; the first slab was Fixed at a 200 per cent tax rate for incomes Rs 30, 000 to Rs 50,000, the second and the middle slab for Rs 50,000 and Rs 1 lakh was fixed at a tax rate of 30 per cent and 40 per cent for those earning above Rs 1 lakh.