INCOME TAX RATES FOR A.Y 2010-2011

This query is : Resolved

abshah (Querist)
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24 July 2009
PLEASE PROVIDE ME CHART OF INCOME TAX
RATES FOR A.Y 2010-2011
FOR INDIVIDUAL, PARNERSHIP FIRM, HUF & CORPORATES

RD Verma

RD Verma (Expert)
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24 July 2009 Income Tax Rates/ Slabs
PERSONAL TAX RATES

For individuals, HUF, Association of Persons (AOP) and Body of individuals (BOI):

For the Assessment Year 2010-11
Taxable income slab (Rs.) Rate (%)
Up to 1,60,000
Up to 1,90,000 (for women)
Up to 2,40,000 (for resident individual of 65 years or above) NIL
1,60,001 – 3,00,000 10 %
3,00,001 – 5,00,000 20 %
5,00,001 upwards 30 %

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Aditya Maheshwari

Aditya Maheshwari (Expert)
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24 July 2009 This is provisional figures. This would be final after the budget is passed. More or less this would be rates.

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NITIN

NITIN (Expert)
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24 July 2009 For individuals, HUF, Association of Persons (AOP) and Body of individuals
For the Assessment Year 2010-11
Taxable income slab (Rs.) Rate (%)
Up to 1,60,000
Up to 1,90,000 (for women)
Up to 2,40,000 (for resident individual of 65 years or above) NIL
1,60,001 – 3,00,000 10 %
3,00,001 – 5,00,000 20 %
5,00,001 upwards 30 %
This is final rate since budget is pass today