New Income Tax Slab/rates for F.Y. 2009-10 (A.Y. 2010-11)

FOR Males as under

Taxable Annual Income Slab (In Rs.)

Tax Rate (In %)

Upto Rs. 1,60,000/- Nil

Rs. 1,60,001/- to Rs. 3,00,000/- 10%

Rs. 3,00,001/- to Rs. 5,00,000 20%

Above Rs. 5,00,000/- 30%

FOR Women as under

Taxable Annual Income Slab (In Rs.)
Tax Rate (In %)

Upto Rs. 1,90,000/- Nil
Rs. 1,90,001/- to Rs. 3,00,000/- 10%
Rs. 3,00,001/- to Rs. 5,00,000 20%
Above Rs. 5,00,000/- 30%

FOR Senior Citizens as under

Taxable Annual Income Slab (In Rs.)
Tax Rate (In %)

Upto Rs. 2,40,000/- Nil
Rs. 2,40,001/- to Rs. 3,00,000/- 10%
Rs. 3,00,001/- to Rs. 5,00,000 20%
Above Rs. 5,00,000/- 30%