| Income Tax Slab for Financial Year 2010-11 | |||
| Assessment Year 2011-12 | |||
| Tax | Men | Women | Senior Citizen |
| Rate | (In Rupees) | (In Rupees) | (In Rupees) |
| 0.00% | Upto 1,60,000 | Upto 1,90,000 | Upto 2,40,000 |
| 10.00% | 1,60,001 to 5,00,000 | 1,90,001 to 5,00,000 | 2,40,001 to 5,00,000 |
| 20.00% | 5,00,001 to 8,00,000 | 5,00,001 to 8,00,000 | 5,00,001 to 8,00,000 |
| 30.00% | Above 8,00,000 | Above 8,00,000 | Above 8,00,000 |
| 1) Surcharge is Nil and 3% Cess will be charged on Above Tax | |||
| 2) Age of Senior Citizen is 65 Years | |||
This Blog discusses the Taxation and other financial concerns that Salaried People generally have.
Thursday, March 4, 2010
New Tax Slabs post Budget 2010
Budget 2010 has been out and there has been a change in the Income Tax Rates that one would pay in FY 2010-11. This post has a brief detail about the changes: