Please mention the tax rates applicable for may 2011 IPCC exams for :
individuals , women and senior citizens? And what is the senior citizen age - 60 or 65 years??
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Tax Rates ??
Replies (3)
age 65 senior citizen
please find the attached file which contains tax rates and amendments for taxation and notes for 8 services applicable..............
| Individual Male (Below the Age 65 Years) | |
| Up to 1,60,000 | NIL |
| From 1,60,001 to 5,00,000 | 10% |
| From 5,00,001 to 8,00,000 | 20% |
| Above Than 8,00,000 | 30% |
| Individual Female (Below the Age of 65 Years) | |
| Up to 1,90,000 | NIL |
| From 1,90,001 to 5,00,000 | 10% |
| From 5,00,001 to 8,00,000 | 20% |
| Above Than 8,00,000 | 30% |
| Senior Citizen (Above than 65 years of age) | |
| Up to 2,40,000 | NIL |
| 2,40,001 to 5,00,000 | 10% |
| 5,00,001 to 8,00,000 | 20% |
| Above Than 8,00,000 | 30% |
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