Tax Rates ??

IPCC 710 views 3 replies

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??

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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