Tax Slab

This query is : Resolved 

27 February 2010 Dear Expert,
What is the new tax slab??
And current service tax?

27 February 2010 NEW INDIVIDUAL TAX RATES


AMOUNT
TAX RATE

UP TO RS. 1.60 LACS = NIL


OVER 1.60 LACS TO 5 LACS = 10%


OVER 5 LACS TO 8 LACS = 20%


OVER 8 LACS = 30%





27 February 2010 agree with expert !!!

27 February 2010 No Change in service tax rates it remains the same at 10%.


Regards
Prasad R

27 February 2010 No Change in service tax rates

27 February 2010 Female individual taxpayer

New tax slabs:

Slabs (Rs) Rate
0 – 190000 - 0%
190001 – 500000 - 10 %
500001 – 800000 - 20 %
800001 and above- 30 %




27 February 2010 Senior Citizens

New tax slabs:

Slabs (Rs) Rate
0 – 240000 - 0 %
240001 – 500000 -10 %
500001 – 800000- 20 %
800001 and above -30 %






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