Income Tax Slab rates

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12 May 2011 What will be the Income Tax Slab rates for a Woman who is Resident not ordinary resident for AY 2011-12? & Why?

12 May 2011 The slab rates will be
Upto Rs. 160000 - Nil
Rs. 160000 - Rs. 500000 - 10%
Rs. 500000 - Rs. 800000 - 20%
Rs0 800000 and above - 30%

Because the slab rates for female assessees are only for "Resident Woman" and Resident - But not ordinary resident is a different status than resident.


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