Sunday, September 5, 2010

New Income Tax Slabs for ay 10-11 are mentioned below

Income tax slab for ay 10-11
Income Tax Slabs for ay 10-11 for Resident Senior Citizens (FY 2009-10)
S. No.Income RangeTax percentage
1Up to Rs 2,40,000No tax / exempt
22,40,001 to 3,00,00010%
33,00,001 to 5,00,00020%
4Above 5,00,00030%
Income Tax Slabs for ay 10-11 for Resident Women (below 65 years) (FY 2009-10)
1Up to Rs 1,90,000No tax / exempt
21,90,001 to 3,00,00010%
33,00,001 to 5,00,0020%
4Above 5,00,00030%
Income Tax Slabs for ay 10-11 Others & Men (FY 2009-10)
1Up to Rs 1,60,000No tax / exempt
21,60,001 to 3,00,00010%
33,00,001 to 5,00,00020%
4Above 5,00,00030%