Rates for FY 2009-10

New IT Slabs/ Rates for Resident Senior Citizens (FY 2009-10):

Up to Rs 2,40,000-----------------> No tax / exempt
2,40,001 to 3,00,000-------------> 10%
3,00,001 to 5,00,00---------------> 20%
Above 5,00,000--------------------> 30%


New IT Slabs / Rates for Resident Women (below the age of 65 years) (FY 2009-10)

Up to Rs 1,90,000-----------------> No tax / exempt
1,90,001 to 3,00,000-------------> 10%
3,00,001 to 5,00,00---------------> 20%
Above 5,00,000-------------------> 30%


New IT Slabs / Rates for Other Individuals (FY 2009-10):

Up to Rs 1,60,000 ------------------> No tax / exempt
1,60,001 to 3,00,000---------------> 10%
3,00,001 to 5,00,00----------------> 20%
Above 5,00,000---------------------> 30%