New Direct tax slab rates

Last updated: 29 February 2008


 

Personal taxes



upto 150000-nil



150000-300000-10%


300000-500000-20%

above 500,000-30%

Women upto 180000-nil



Senior citizen:



upto 225000- nil



No change in Corporate tax



no change in surcharge



80D deduction in case an individual pays on behalf of his parent/parents

STCG increases to 15%



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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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