Income Tax Slab 10 11 - Excel

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Income Tax Slab 10 11 - Excel Powered By Docstoc
					EXISTING SLAB RATES (FINANCIAL YEAR 2007-2008)
                                                                      Tax Rates
Type of Assessees      Male (age upto 64 years)   Resident Female (upto 64 years)           Senior Citizens (65 and above)
                    Taxable Income (Rs.) Rate %   Taxable Income (Rs.)            Rate %     Taxable Income (Rs.)        Rate %
                    0-110,000               NIL   0-145,000                           NIL    0-195,000                     NIL
Tax Rates           110,001-150,000         10    145,001-150,000                      10    195,001-250,000               20
                    150,001-250,000         20    150,001-250,000                      20    250,001 onwards               30
                    250,001 onwards         30    250,001 onwards                      30

NEW SLAB RATES (FINANCIAL YEAR 2008-2009)
                                                                      Tax Rates
Type of Assessees      Male (age upto 64 years)   Resident Female (upto 64 years)           Senior Citizens (65 and above)
                    Taxable Income (Rs.) Rate %   Taxable Income (Rs.)            Rate %     Taxable Income (Rs.)        Rate %
                    0-150000                NIL   0-180000                            NIL    0-225000                      NIL
Tax Rates           150001-300000           10    180000-300000                        10    225001-300000                 10
                    300001-500000           20    300001-500000                        20    300001-500000                 20
                    500001 onwards          30    500001 onwards                       30    500001 onwards                30

				
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