Saturday, 27 August 2011

Income Tax Slab 2010-11 2011-12


Income Tax slab for the Financial Year 2010-11 or Assessment Year 2011-12 for Male, Female or Senior Citizen is given below for your convenience. 

For Male:-

  1.  Upto 160000  Tax Tax Rate is Nil
  2. 160001 to 500000  Tax  Rate is 10%
  3. 500001 to 800000 Tax Rate is 20%
  4. Above 800000 Tax Rate is 30%
For Female:-

  1.  Upto 190000  Tax Tax Rate is Nil
  2. 190001 to 500000  Tax  Rate is 10%
  3. 500001 to 800000 Tax Rate is 20%
  4. Above 800000 Tax Rate is 30%
For Senior Citizen (Age => 65):-

  1.  Upto 240000  Tax Tax Rate is Nil
  2. 240001 to 500000  Tax  Rate is 10%
  3. 500001 to 800000 Tax Rate is 20%
  4. Above 800000 Tax Rate is 30%

Surcharge = Nil
Education Cess = 3% for all.

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