22 March 2010
Individual, HUF, AOP & BOI NIL Upto Rs. 160000 - Nil Rs. 160001 to Rs. 190000 * - 10% Rs. 190001 to Rs. 240000 ** - 10% Rs. 240001 to Rs. 500000 - 10% Rs. 500001 to Rs. 800000 - 20% Rs. 800001 onwards - 30% * “Nil” tax rate in case assessee is resident Senior Citizen or resident Women below age of 65 years ** “Nil” tax rate in case assessee is resident Senior Citizen
Partnership Firm - 30%
Domestic Company - 30% Company other than Domestic Company - 40%
22 March 2010
Individual, HUF, AOP & BOI PERCENTAGE OF TAX Men Women Sr.Ctzn Upto Rs. 160000 Nil NIL NIL Rs. 160001 to Rs. 190000 10.3 NIL NIL Rs. 190001 to Rs. 240000 10.3 10.3 NIL Rs. 240001 to Rs. 500000 10.3 10.3 10.3 Rs. 500001 to Rs. 800000 20.6 20.6 20.6 Rs. 800001 onwards 30.9 30.9 30.9 “Nil” tax rate in case assessee is resident Senior Citizen or resident Women below age of 65 years “Nil” tax rate in case assessee is resident Senior Citizen
Partnership Firm and Domestic Company NIL NIL 30.90%(Without s/c) 33.22% (with s/c of 7.5% if income is more than 1Cr)
Minimum Alternate Tax Domestic Company Income less then 1,00,00,000 18.54% = or > 1,00,00,000 19.93%
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