New Income Tax Slab for FY-2010-11

















New Income Slab for Individual



Income Slab Tax Income Slab Tax



Income upto Rs 1,60,000 Nil Income upto Rs 1,60,000 Nil



Income from Rs 1,60,001 to 5,00,000 10 % Income from Rs 1,60,001 to 3,00,000 10 %



Income from Rs 5,00,001 to 8,00,000 20 % Income from Rs 3,00,001 to 5,00,000 20 %



Income above 8,00,000 30 % Income above Rs 5,00,000 30 %



(Tax exemption under Infra Bonds Rs.20,000 from FY 2010-11)











New Income Slab for Women



Income Slab Tax Income Slab Tax



Income upto Rs 1,90,000 Nil Income upto Rs 1,90,000 Nil



Income from Rs 1,90,001 to 5,00,000 10 % Income from Rs 1,90,001 to 3,00,000 10 %



Income from Rs 5,00,001 to 8,00,000 20 % Income from Rs 3,00,001 to 5,00,000 20 %



Income above 8,00,000 30 % Income above Rs 5,00,000 30 %



(Tax exemption under Infra Bonds Rs.20,000 from FY 2010-11)











New Income Slab for Senior Citizen



Income Slab Tax Income Slab Tax



Income upto Rs 2,40,000 Nil Income upto Rs 2,40,000 Nil



Income from Rs 2,40,001 to 5,00,000 10 % Income from Rs 2,40,001 to 3,00,000 10 %



Income from Rs 5,00,001 to 8,00,000 20 % Income from Rs 3,00,001 to 5,00,000 20 %



Income above 8,00,000 30 % Income above Rs 5,00,000 30 %



(Tax exemption under Infra Bonds Rs.20,000 from FY 2010-11)



CGHS subscription will be exempted u/s 80D