banner_ad

New Income Tax Slab

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 July 2009 Hello. please provide new income tax slab after Budget.
Profile Image

CA RAMESH KUMAR AHUJA

Profile Image

CA RAMESH KUMAR AHUJA (Expert)
15 July 2009 Men – 1.60 lakhs (increase from Rs.1.50 lakhs)
Women – 1.90 lakhs (increase from Rs.1.80 lakhs)
Senior Citizens – Rs.2.40 lakhs (increase from Rs.2.25 lakhs)

TAX RATES:

Above the basic limit and upto 3 lakhs: 10%
3 - 5 lakhs : 20%
Above 5 lakhs : 30%
Surcharge removed for Individuals


Corporate tax remains @ 30%

Profile Image

Abhishek Mohta

Profile Image

Abhishek Mohta (Expert)
15 July 2009 The new income tax slabs for individuals are:
Rs.
0-1,60,000 nil
1,60,001-3,00,000 10%
3,00,001-5,00,000 20%
above 5,00,000 30%

If the assessee is women than Rs.1,60,000 will be replaced by Rs.1,90,000 and in case of senior citizen it will be replaced by Rs.2,40,000
Profile Image

MAHENDRA KUMAR BAGRECHA

Profile Image

MAHENDRA KUMAR BAGRECHA (Expert)
16 July 2009 I agree with Experts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details