income tax slab rate

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Querist : Anonymous (Querist)
05 April 2011 dear sir in this regard i want to know that which slab rate(assessment year) is applicable for financial year 2010-2011




thanks all expert.

05 April 2011 The following are the income tax rates announced in union budget 2010 applicable for financial year 2010-11.

Individual Male (Below the Age 65 Years)
Up to 1,60,000 NIL
From 1,60,001 to 5,00,000 10%
From 5,00,001 to 8,00,000 20%
Above Than 8,00,000 30%
Individual Female (Below the Age of 65 Years)

Up to 1,90,000 NIL
From 1,90,001 to 5,00,000 10%
From 5,00,001 to 8,00,000 20%
Above Than 8,00,000 30%

Senior Citizen (Above than 65 years of age)
Up to 2,40,000 NIL
2,40,001 to 5,00,000 10%
5,00,001 to 8,00,000 20%
Above Than 8,00,000 30%


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