wat is the slab rate is applicable for may '11 examm?????
Menu
wat is the slab rate is applicable for may '11 examm????
Replies (1)
Rates of taxes to be applicable for the A.Y. 2011-12
· For Individual/HUF/AOP/BOI and every other artificial judicial person-
|
Level Of Income |
Rate of Income Tax |
|
Upto 1,60,000 |
Nil |
|
1,60,001 to 5,00,000 |
10% of the amount exceeding 1,60,000 |
|
5,00,001 to 8,00,000 |
34,000+ 20% of the amount exceeding 5,00,000 |
|
Above 8,00,000 |
94,000 + 30% of the amount exceeding 8,00,000 |
· For Resident Women below the age of 65 yrs. at any time during the previous year-
|
Level Of Income |
Rate of Income Tax |
|
Upto 1,90,000 |
Nil |
|
1,90,001 to 5,00,000 |
10% of the amount exceeding 1,90,000 |
|
5,00,001 to 8,00,000 |
31,000+ 20% of the amount exceeding 5,00,000 |
|
Above 8,00,000 |
91,000 + 30% of the amount exceeding 8,00,000 |
· For Resident Individuals of the age of 65 yrs or more at any time during the previous year-
|
Level Of Income |
Rate of Income Tax |
|
Upto 2,40,000 |
Nil |
|
2,40,001 to 5,00,000 |
10% of the amount exceeding 2,40,000 |
|
5,00,001 to 8,00,000 |
26,000+ 20% of the amount exceeding 5,00,000 |
|
Above 8,00,000 |
86,000 + 30% of the amount exceeding 8,00,000 |
Recent Threads
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
Related Threads
CAclubindia
