February 03, 2013

CA-CS-ICWA-TAX PROFESSIONALS-PORTAL- Income Tax Slab Rates for Resident of India F/Y 2010-11 AND F/Y 2009-10

UNIVERSAL KNOWLEDGE HUB

Financial Year 2010-11 Assessment Year 2011-12

A. Normal Tax Rates
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
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)
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



Financial Year 2009-10 Assessment Year 2010-11

A. Normal Tax Rates
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. 3,00,000/- 10% of the amount by which total income exceeds Rs. 1,60,000/-
Where total income exceeds Rs. 3,00,000/- but does not exceed Rs. 5,00,000/- Rs. 14,000/- plus 20% of the amount by which total income exceeds Rs. 3,00,000/-
Where total income exceeds Rs. 5,00,000/- Rs. 54,000/- plus 30% of the amount by which total income exceeds Rs. 5,00,000/-
B. Tax Rates For Women Below 65 Years
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. 3,00,000/- 10% of the amount by which total income exceeds Rs. 1,90,000/-
Where total income exceeds Rs. 3,00,000/- but does not exceed Rs. 5,00,000/- Rs. 11,000/- plus 20% of the amount by which total income exceeds Rs. 3,00,000/-
Where total income exceeds Rs. 5,00,000/- Rs. 51,000/- plus 30% of the amount by which total income exceeds Rs. 5,00,000/-
 C. Tax Rates For Senior Citizens (Aged 65 Years Or Above)
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. 3,00,000/-10% of the amount by which total income exceeds Rs. 2,40,000/-
Where total income exceeds Rs. 3,00,000/- but does not exceed Rs. 5,00,000/-Rs. 6,000/- plus 20% of the amount by which total income exceeds Rs. 3,00,000/-
Where total income exceeds Rs. 5,00,000/-Rs. 46,000/- plus 30% of the amount by which total income exceeds Rs. 5,00,000/-
Surcharge is Nil                Education cess is applicable @ 3% on income tax in all cases











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