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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