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Income Tax slab for the year 2009-2010
Tax Slab
Income
(Rs. in Lakh) |
Men
(In %) |
Women
(In %) |
|
Upto 1.60 |
Nil |
Nil |
|
1.60 to 1.90 |
10 |
Nil |
|
1.90 to 3.00
|
10
|
10 |
|
3.00 to 5.00
|
20 |
20 |
|
5.00 to 10.00 |
30 |
30 |
|
above 10.00
|
30
|
30 |
Besides this, there is a 3% education cess, so 10% becomes 10.3%, 20% becomes
20.60%, 30% is 30.90% and 33% is 33.99%. For Senior Citizens, the exemption
limit has been increased to Rs. 2.40 Lakh from 2.25 Lakh.
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