There is a slight change in the income tax slabs for financial year 2009-2010 introduced in Annual Budget 2009.
India Income tax slabs 2009-2010 for Men
| Income tax slab (in Rs.) | Tax
|
|---|
| 0 to 1,60,000 | No tax
|
| 1,60,001 to 3,00,000 | 10%
|
| 3,00,001 to 5,00,000 | 20%
|
| Above 5,00,000 | 30%
|
India Income tax slabs 2009-2010 for women
| Income tax slab(in Rs.) | Tax
|
|---|
| 0 to 1,90,000 | No tax
|
| 1,90,001 to 3,00,000 | 10%
|
| 3,00,001 to 5,00,000 | 20%
|
| Above 5,00,000 | 30%
|
India Income tax slabs 2009-2010 for Senior citizen
| Income tax slab(in Rs.) | Tax
|
|---|
| 0 to 2,40,000 | No tax
|
| 2,40,001 to 3,00,000 | 10%
|
| 3,00,001 to 5,00,000 | 20%
|
| Above 5,00,000 | 30%
|
The surcharge on the tax for income above Rs 10 lakh is removed.
