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Tax Slab Rate (Income Tax)

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This query is : Resolved



( Author )
05 January 2011

Can anybody provide me with the Income Tax Slab rate for A.Y 06-07, 07-08, 08-09? (Male Assessee : below 65 years)


Regards,
Devendra


CMA. CS. Sanjay Gupta

( Expert )
05 January 2011

http://www.etaxindia.org/income-tax-rates-slabs#2006-07


Please see above link.


Nikhil Kothari

( Expert )
07 January 2011


A.Y. (2006-07 & 2007-08)

Slab (Rs.) Tax (Rs.)

less than 1,00,000 Nil
1,00,000 to 1,50,000 (TI – 1,00,000) * 10%
1,50,000 to 2,50,000 5,000 + (TI – 1,50,000)*20%
Greater than 2,50,000 25,000 + (TI – 2,50,000)*30%

Surcharge = 10% on Taxable Income.

A.Y. (2008-09)

Slab (Rs.) Tax (Rs.)

less than 1,10,000 Nil
1,10,000 to 1,50,000 (TI – 1,10,000) * 10%
1,50,000 to 2,50,000 4,000 + (TI – 1,50,000) * 20%
Greater than 2,50,000 24,000 + (TI – 2,50,000)* 30%

Surcharge = 10% on Taxable Income


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