Administrator
Administrator
Posts: 856
Joined: Nov 2008
|
Income Tax Slabs for F.Y. 2009-10
|
New Income Tax Rates (Revised slab Table after
budget-2009)
|
Income Tax Exemption limit subsequent union budget-2009 for
individual tax payers was increased by Rs.10,000 for Male below 65years,
women and Rs.15,000 for Senior Citizens (i.e.65 years and above) by the
finance minister.
Finance Minister removed the surcharge on Income above Rs.10 Lakh (Rs.1
million) for Personal Income Tax payers.
The new Income Tax slab for A.Y.2010-11, F.Y.2009-10 will stand as follows. |
|
Taxable Income
|
Senior Citizens
|
Women
|
Others
|
|
Up to Rs.1,60,000 |
Nil |
Nil |
Nil |
|
Rs.1,60,001 to
Rs.1,90,000 |
Nil |
Nil |
10% of the amount
exceeding Rs.1,60,000 |
|
Rs.1,90,001 to
Rs.2,40,000 |
Nil |
10% of the amount
exceeding Rs.1,90,000 |
10% of the amount
exceeding Rs.1,60,000 |
|
Rs.2,40,001 to
Rs.3,00,000 |
10% of the amount
exceeding Rs.2,40,000 |
10% of the amount
exceeding Rs.1,90,000 |
10% of the amount
exceeding Rs.1,60,000 |
|
Rs.3,00,001 to
Rs.5,00,000 |
Rs.6,000 + 20% of the
amount exceeding Rs.3,00,000 |
Rs.11,000 + 20% of the
amount exceeding Rs.3,00,000 |
Rs.14,000 + 20% of the
amount exceeding Rs.3,00,000 |
|
Rs.5,00,001 and above |
Rs.46,000 + 30% of the
amount exceeding Rs.5,00,000 |
Rs.51,000 + 30% of the
amount exceeding Rs.5,00,000 |
Rs.54,000 + 30% of the
amount exceeding Rs.5,00,000 |
|
|
Search
Member List
Calendar
Help
RE: Income Tax Slabs for F.Y. 2009-10