What is the slab rate......

ITR 1223 views 12 replies

Guest

hello....

any body tell me what is the slab rate of income tax for the A.Y. 2011-2012

Replies (12)

Sunshine

Helping All

10575 Points Joined March 2010

Up to 1,60,000, Up to 1,90,000 (for women), Up to 2,40,000 (for resident individual of 65 years or above) ----NIL

1,60,001 – 5,00,000- 10%

5,00,001 – 8,00,000 -20%

8,00,001 upwards -30%

ka@meeni

a learner

272 Points Joined August 2010

yes agree with sneha

Manoj BG

Tax Professional and in Service

1795 Points Joined June 2009

Agreed

regards,

manoj

Priyanka Nikhil Salian

ARTICLED ASSISTANT

112 Points Joined August 2010

yaaa

i also totally agree with sneha

CA PuRvI M!$rA

2260 Points Joined November 2009

Originally posted by : Sneha..sunshine..
	Up to 1,60,000, Up to 1,90,000 (for women), Up to 2,40,000 (for resident individual of 65 years or above) ----NIL 1,60,001 – 5,00,000- 10% 5,00,001 – 8,00,000 -20% 8,00,001 upwards -30%

CA Himanshu Bansal

Risk Manager

2345 Points Joined April 2008

Originally posted by : Sneha..sunshine..
	Up to 1,60,000, Up to 1,90,000 (for women), Up to 2,40,000 (for resident individual of 65 years or above) ----NIL 1,60,001 – 5,00,000- 10% 5,00,001 – 8,00,000 -20% 8,00,001 upwards -30%

mohit

artical assistant

33 Points Joined August 2010

yes.... satisfied with d above

CA Madhukiran Reddy

CHARTERED ACCOUNTANT

12714 Points Joined October 2009

Originally posted by : Sneha..sunshine..
	Up to 1,60,000, Up to 1,90,000 (for women), Up to 2,40,000 (for resident individual of 65 years or above) ----NIL 1,60,001 – 5,00,000- 10% 5,00,001 – 8,00,000 -20% 8,00,001 upwards -30%

Nitesh Mangal

CA-PCC Articale Assistant

269 Points Joined December 2009

For Assessement year 2011-2012 slab rate are as under:-

for Residant

for individual /huf/ AOI /BOI    1,60,00

For Women                               1,90,000

For Seniot Citizen(65years or above) 2,40,000

For non resident

for Every Assessee 1,60,000

SLAB RATE

from 1,60,001 upto 5,00,000       10%

from 5,00,001 upto 8,00,000         20%

above 8,00,001                                 30%

Guest

TDS rates for Financial Year 2010-11

Form 24Q:

Male	Female	Senior Citizen	Tax (%)
For Income Between 0 to 1,60,000	For Income Between 0 to 1,90,000	For Income Between 0 to 2,40,000	0
For Income Between 1,60,001 to 5,00,000	For Income Between 1,90,001 to 5,00,000	For Income Between 2,40,001 to 5,00,000	10
For Income Between 5,00,001 to 8,00,000	For Income Between 5,00,001 to 8,00,000	For Income Between 5,00,001 to 8,00,000	20
For Income above 8,00,001	For Income above 8,00,001	For Income above 8,00,001	30

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