New Direct tax slab rates!!

CA Nikita (Chartered Accountant) (4158 Points)

29 February 2008  

Personal taxes


upto 150000-nil


150001-300000-10%


300001-500000-20%

above 500,001-30%

Women upto 180000-nil


Senior citizen:


upto 225000- nil


No change in Corporate tax


no change in surcharge


80D deduction in case an individual pays on behalf of his parent/parents

STCG increases to 15%