UNIVERSAL KNOWLEDGE HUB
Financial Year 2010-11 Assessment Year 2011-12
A. Normal Tax Rates | |
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Total Income (Rs.) | Tax Rate (%) |
Where total income does not exceed (Rs.) 1,60,000/- | Nil |
Where total income exceeds Rs. 1,60,000/- but does not exceed Rs. 5,00,000/- | 10% of the amount by which total income exceeds Rs. 1,60,000/- |
Where total income exceeds Rs. 5,00,000/- but does not exceed Rs. 8,00,000/- | Rs. 34,000/- plus 20% of the amount by which total income exceeds Rs. 5,00,000/- |
Where total income exceeds Rs. 8,00,000/- | Rs. 94,000/- plus 30% of the amount by which total income exceeds Rs. 8,00,000/- |
B. Tax Rates For Women Below 65 Years | |
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Total Income (Rs.) | Tax Rate (%) |
Where total income does not exceed Rs. 1,90,000/- | Nil |
Where total income exceeds Rs. 1,90,000/- but does not exceed Rs. 5,00,000/- | 10% of the amount by which total income exceeds Rs. 1,90,000/- |
Where total income exceeds Rs. 5,00,000/- but does not exceed Rs. 8,00,000/- | Rs. 31,000/- plus 20% of the amount by which total income exceeds Rs. 5,00,000/- |
Where total income exceeds Rs. 8,00,000/- | Rs. 91,000/- plus 30% of the amount by which total income exceeds Rs. 8,00,000/- |
C. Tax Rates For Senior Citizens (Aged 65 Years Or Above) | ||
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Total Income (Rs.) | Tax Rate (%) | |
Where total income does not exceed Rs. 2,40,000/- | Nil | |
Where total income exceeds Rs. 2,40,000/- but does not exceed Rs. 5,00,000/- | 10% of the amount by which total income exceeds Rs. 2,40,000/- | |
Where total income exceeds Rs. 5,00,000/- but does not exceed Rs. 8,00,000/- | Rs. 26,000/- plus 20% of the amount by which total income exceeds Rs. 5,00,000/- | |
Where total income exceeds Rs. 8,00,000/- | Rs. 86,000/- plus 30% of the amount by which total income exceeds |
Surcharge is Nil Education cess is applicable @ 3% on income tax in all cases | |
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Financial Year 2009-10 Assessment Year 2010-11
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