Income Tax Slabs

For individuals, Hindu Undivided Family (HUF), Association of Persons (AOP) and Body of individuals (BOI):

2009-2010 Taxable income slab (INR)

Rate (%)

Up to 1,50,000

NIL

Up to 1,80,000 (for women)

NIL

Up to 2,25,000 (for resident individual of 65 years and above)

NIL

1,50,001 to 3,00,000

10

3,00,001 to 5,00,000

20

5,000,001 and above

30*

*A surcharge of 10% of the total tax payable is applicable when the total income exceeds Rs.1,000,000/-

Do you know?
1. Education cess is applicable at 3 per cent on income tax, inclusive of surcharge if there is any.

2. Agricultural income is exempted from income-tax.


Related Finance Articles

One Response to “Income Tax Slabs”

Srinivas says on Apr Thu, 2009 at 02:09:13 pm

The tax slab for 2009-2010 same as 2009-2010.

Leave a Reply