Wednesday, September 24, 2008

Current Income Tax Slab

Income Tax Slab
Individual Male
Up to Rs. 1,60,000 NIL
Rs.1,60,001 – Rs.5,00,000 10%
Rs.5,00,001 -Rs. 8,00,000 20%
Above Rs. 8,00,000 30%
Individual Female
Up to Rs. 1,90,000 NIL
Rs.1,90,001 – Rs.5,00,000 10%
Rs.5,00,001 -Rs. 8,00,000 20%
Above Rs. 8,00,000 30%
Individual Senior Citizens
Up to Rs. 2,40,000 NIL
Rs.2,40,001 to Rs. 10,00,000 10%
Rs.1,90,001 – Rs.5,00,000 10%
Rs.5,00,001 -Rs. 8,00,000 20%
Above Rs. 8,00,000 30%

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