What are the Income Tax Slabs for Male, Female & Senior Citizen for the financial year 2009-10 & 2010-11?

Taxable Income Slab-
Upto Rs.1,60,000
Upto Rs.1,90,000 (for women)
Upto Rs.2,40,000 (for residents, 65 years or above) Tax will be NIL.
Rs.1,60,000 – Rs.3,00,000 – 10% tax applicable
Rs.3,00,001 – Rs.5,00,000 – 20% tax applicable
Rs.5,00,001 – Rs.10,00,000 – 30% tax applicable
Above Rs. 10,00,001 – 30% tax
Note: In addition, an education cess of 3% is charged on the entire tax amount.
Taxable Income Slabs for F.Y. 2010-11 -

Upto Rs.1,60,000
Upto Rs.1,90,000 (for women)
Upto Rs.2,40,000 (for residents, 65 years or above) Tax will be NIL.
Rs.1,60,000 – Rs.5,00,000 – 10% tax applicable
Rs.5,00,001 – Rs.8,00,000 – 20% tax applicable
Rs.8,00,001 above              – 30% tax applicable

 

 
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