Monday, February 28, 2011

New Income Tax Rates for the FY 2011-12


New tax slabs: for Male individual taxpayer
Slabs (Rs)
Rate
 1,80,000
Nil 
 1,80,000-5,00,000
10 
 5,00,000-8,00,000
20 
 8,00,001
30





New tax slabs: for female individual taxpayer
Slabs (Rs)
Rate
 upto 1,90,000
 1,90,000-500000
10 
 500001-800000
20 
 800001 and above
30

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