06 March 2011
Nopes. Slab rate applicable for MAy-11 are:-
Income tax slab for A.Y. 11-12
New Income Tax Slabs for ay 11-12 for Resident Senior Citizens (FY 2010-11)
S. No. Income Range Tax percentage 1 Up to Rs 2,40,000 No tax / exempt 2 2,40,001 to 5,00,000 10% 3 5,00,001 to 8,00,000 20% 4 Above 8,00,000 30% Income Tax Slabs for ay 11-12 for Resident Women (below 65 years) (FY 2010-11) 1 Up to Rs 1,90,000 No tax / exempt 2 1,90,001 to 5,00,000 10% 3 5,00,001 to 8,00,00 20% 4 Above 8,00,000 30% New Income Tax Slabs for ay 11-12 Others & Men (FY 2010-11) 1 Up to Rs 1,60,000 No tax / exempt 2 1,60,001 to 5,00,000 10% 3 5,00,001 to 8,00,000 20% 4 Above 8,00,000 30%
06 March 2011
You have written 1.8-5-8 but it is 1.6/1.9/2.4L-5L-8L. 1.80 is applicable for A.Y. 12-13. These slab rates are applicable for all the income other than capital gain & casual income.
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