Wednesday, May 5, 2010

Income Tax Rates/Slab for Assesment Year 2011-12 (F Y 2010-11)

Individuals/HUFs
Upto Rs 1,60,000 - Nil
Rs 1,60,000 - Rs 5,00,000 - 10%
Rs 5,00,000 - Rs 8,00,000 - 20%
Above Rs 8,00,000 - 30%
Woman Resident
Upto Rs 1,90,000 - Nil
Rs 1,90,000- Rs 5,00,000 - 10%
Rs 5,00,000 - Rs 8,00,000 - 20%
Above Rs 8,00,000 - 30%
Present Tax Slab
Senior Citizen (>65yrs)
Upto Rs 2,40,000 - Nil
Rs 2,40,000- Rs 5,00,000 - 10%
Rs 5,00,000 - Rs 8,00,000 - 20%
Above Rs 8,00,000 - 30%

2 comments:

  1. Hello Dude,

    The income tax rates are important information that every person should be aware of as it would help them in filing their taxes appropriately. It contains very informative matter. I would like to come here again. This type of posting should go on.

    ReplyDelete