WHAT IS THE NEW SLAB RATE FOR ASSESSMENT YEAR 2010-11....?
WHAT IS THE NEW SLAB RATE FOR ASSESSMENT YEAR 2010-11....?
| Male below 65 Years of Age | |
| Up to Rs 1,60,000 | NIL |
| Rs 1,60,001 to Rs 3,00,000 | 10% of the amount by which total income exceeds Rs 1,60,000 |
| Rs 3,00,001 to Rs 5,00,000 | Rs 14,000 plus 20% of the amount by which total income exceeds Rs 3,00,000 |
| Rs 5,00,000 and above | Rs 54,000 plus 30% of the amount by which total income exceeds Rs 5,00,000 |
| Women | |
| Up to Rs 1,90,000 | NIL |
| Rs 1,90,001 to Rs 3,00,000 | 10 per cent |
| Rs 3,00,001 to Rs 5,00,000 | 20 per cent |
| Rs 5,00,000 and above | 30 per cent |
| Senior Citizens | |
| Up to Rs 2,40,000 | NIL |
| Rs 2,40,001 to Rs 3,00,000 | 10 per cent |
| Rs 3,00,001 to Rs 5,00,000 | 20 per cent |
| Rs 5,00,000 and above | 30 per cent |
| Income tax slab (in Rs.) | Tax |
|---|---|
| 0 to 1,60,000 | No tax |
| 1,60,001 to 3,00,000 | 10% |
| 3,00,001 to 5,00,000 | 20% |
| Above 5,00,000 | 30% |
| Income tax slab(in Rs.) | Tax |
|---|---|
| 0 to 1,90,000 | No tax |
| 1,90,001 to 3,00,000 | 10% |
| 3,00,001 to 5,00,000 | 20% |
| Above 5,00,000 | 30% |
| Income tax slab(in Rs.) | Tax |
|---|---|
| 0 to 2,40,000 | No tax |
| 2,40,001 to 3,00,000 | 10% |
| 3,00,001 to 5,00,000 | 20% |
| Above 5,00,000 | 30% |
The rates for persons not resident in India, including companies other than domestic companies,are the same. Basically, for corporate there are no tax rate changes and hence is at statuesque.
minimum limit :
men-rs.1,60,000
women-rs.1,90,000
senior citizen-RS.2,40,000
upto rs.3,00,000-10%
3,00,000-5,00,000-20%
above 5,00,000-30%
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