|
Tax Rates (includes surcharge and Education Cess)
for assessment year 2010-11
Individuals/HUF/AOP/BOI
|
Income (Rs.) |
Rate of Tax |
|
Up to 1,60,000 |
Nil |
|
1,60,001-3,00,000 |
10.3 |
|
3,00,001- 5,00,000 |
20.6 |
|
5,00,001 and above |
30.9 |
For resident Women (Below 65 yrs. of age)
|
Income (Rs.) |
Rate of Tax |
|
Up to
1,90,000 |
Nil |
|
1,90,001-3,00,000 |
10.30 |
|
3,00,001-
5,00,000 |
20.60 |
|
5,00,001
and above |
30.90 |
For resident Senior Citizen (Above 65 yrs. of
age)
|
Income (Rs.) |
Rate of Tax |
|
Up to
2,40,000 |
Nil |
|
2,40,001-3,00,000 |
10.30 |
|
3,00,001-
5,00,000 |
20.60 |
|
5,00,001
and above |
30.90 |
For Firms/Company
|
|
Rate of Tax |
|
|
Income
< 1,00,00,000 |
Income
> 1,00,00,000 |
|
Firm |
30.9 |
30.9 |
|
Domestic Company |
30.9 |
33.99 |
For Co-operative Societies
|
Income (Rs.) |
Rate
of Tax |
|
Up to 10000 |
10.30 |
|
|
10001-20000 |
20.60 |
|
|
20001 and
above |
30.90 |
|
MAT payable by Company
|
Income (Rs.) |
Rate
of Tax |
|
In Case the
Income is Less than 1 Crore |
15.45 |
|
In case the Income is Greater Than 1
Crore |
16.995 |
DIVIDEND DISTRIBUTION TAX
|
|
Type of
Payer |
|
|
Company
|
Mutual
Funds |
|
|
|
Money
Market |
Others |
|
Individuals/HUFs
|
15.45
|
25.75
|
12.875 |
|
Company |
16.995
|
28.325
|
22.66 |
Tax rates for Capital Gains
|
|
for
Individual, HUFs
BOI, AOP,
Firm |
Corporates |
Corporates |
|
|
Income |
Income |
|
|
LLPs |
< 1 Crore
|
> 1 Crore |
|
Listed
securities covered u/s. 10(36) |
NIL
|
NIL
|
NIL |
|
Listed
securities traded on recognised
Stock Exchange not covered under 10(36) |
NIL
|
NIL
|
NIL |
|
Listed
securities not traded on recognised
Stock Exchange without Indexation or |
10.30%
|
10.30%
|
11.33% |
|
with Indexation
|
20.60% |
20.60%
|
22.66% |
|
On any other
asset |
20.60%
|
20.60%
|
22.66% |
|
Short-term
Capital
Gains |
|
|
|
|
On listed
securities traded on recognised
Stock Exchange or Unit of Equity Oriented Fund |
15.45%
|
15.45% |
16.995% |
|
Others |
at
applicable Slab
Rates |
at
applicable Slab
Rates |
at
applicable Slab
Rates |
Advance Tax (Where tax payable exceeds Rs. 10,000)
|
Due Date
of Instalment on or before |
Amount
payable as a % of Advance Tax |
|
|
For
Companies |
For Other
Assessees |
|
Jun-15
|
15%
|
— |
|
Sep-15 |
30%
|
30% |
|
Dec-15 |
30%
|
30% |
|
Mar-15
|
Balance
|
Balance |
|
