TAX SLAB FOR FY 2010-11

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Purvi Desai

Purvi Desai (Querist)

19 February 2010 Pls give me the income tax slab for fy 2010-11

Regards
Purvi Desai

CA PRIKSHIT GUPTA

CA PRIKSHIT GUPTA (Expert)

19 February 2010 Tax slab for F.Y. 2010-11 will be anounced in budget.
for F.y. 2009-10, it is for individuals
upto 160000 nil
160000-300000 10%
300000-500000 20%
over 500000 30%
in addition 3% edu. cess

for ladies basic exemption is 190000 & for senior citizen it is 240000/- & other tax slab is same as individuals

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

19 February 2010 Male Below 65 years

upto 160000 nil
160000-300000 10%
300000-500000 20%
over 500000 30%
in addition 3% edu. cess

Female Below 65 years

upto 190000 nil
190000-300000 10%
300000-500000 20%
over 500000 30%
in addition 3% edu. cess

For Senior citien

upto 240000 nil
240000-300000 10%
300000-500000 20%
over 500000 30%
in addition 3% edu. cess

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