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Q.

What are the new tax slabs ?

Asked by cartoon network, 04 Mar '10 03:27 pm
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Answers (8)

 
1.

For individuals, HUF, Association of Persons (AOP) and Body of individuals (BOI): Income Tax Rates/Slab for Assesment Year 2011-12 (F Y 2010-11) Rate (%) Up to 1,60,000 Up to 1,90,000 (for women) Up to 2,40,000 (for resident individual of 65 years or above) NIL 1,60,001 5,00,000 10 5,00,001 8,00,000 20 8,00,001 upwards 30 Income Tax Rates/Slab for Assesment Year 2010-11 (F Y 2009-10) Rate (%) Up to 1,60,000 Up to 1,90,000 (for women) Up to 2,40,000 (for resident individual of 65 years or above) NIL 1,60,001 3,00,000 10 3,00,001 5,00,000 20 5,00,001 upwards 30* *A surcharge of 10 per cent of the total tax liability is applicable where the total income exceeds Rs 1,000,000. Note : - Education cess is applicable @ 3 per cent on income tax, inclusive of surcharge if there is any. A marginal relief may be provided to ensure that the additional IT payable, including surcharge, on excess of income over Rs 1,000,000 is limited to an amount by which the income is mo ...more
Answered by dharamender nebhnani, 04 Mar '10 03:29 pm

 
  
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2.

Income Tax Rates/Slab for Assesment Year 2011-12 (F Y 2010-11) Rate (%) Up to 1,60,000 NilUp to 1,90,000 (for women) Nil Up to 2,40,000 (for resident individual of 65 years or above) Nil 1,60,001 5,00,000 10% 5,00,001 8,00,000 20% ...more
Answered by shashank rastogi, 04 Mar '10 03:58 pm

 
  
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3.

Upto 1,60,000 taxable income no tax 160001 to 5,00,000 it is 10% 500001 to 8,00,000 it is 20% and above 8,00,000 it is 30%
Answered by rajnikant raiyarela, 04 Mar '10 03:42 pm

 
  
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4.

PERSONAL TAX RATES For individuals, HUF, Association of Persons (AOP) and Body of individuals (BOI): Income Tax Rates/Slab for Assesment Year 2011-12 (F Y 2010-11) Rate (%) Up to 1,60,000 Up to 1,90,000 (for women) Up to 2,40,000 (for resident individual of 65 years or above) NIL 1,60,001 5,00,000 10 5,00,001 8,00,000 20 8,00,001 upwards 30 Income Tax Rates/Slab for Assesment Year 2010-11 (F Y 2009-10) Rate (%) Up to 1,60,000 Up to 1,90,000 (for women) Up to 2,40,000 (for resident individual of 65 years or above) NIL 1,60,001 3,00,000 10 3,00,001 5,00,000 20 5,00,001 upwards 30* *A surcharge of 10 per cent of the total tax liability is applicable where the total income exceeds Rs 1,000,000. Note : - * Education cess is applicable @ 3 per cent on income tax, inclusive of surcharge if there is any. * A marginal relief may be provided to ensure that the additional IT payable, including surcharge, on excess of income over Rs 1,000,000 is l ...more
Answered by saranathan Narasimhan, 04 Mar '10 03:32 pm

 
  
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5.

The new tax rates are: NIL for income upto Rs 160000 (Rs. 190000 for woman assessee), from Rs 160001 to Rs 500000 -10%, from Rs 500001 to Rs 800000 20%, Rs 800001 and above 30%.
Answered by Cartoon Network, 04 Mar '10 03:28 pm

 
  
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6.

Tum paper padhaa karo !
Answered by nkpathak, 04 Mar '10 04:44 pm

 
  
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7.

Please see all details at www.indianbudget.nic.in
Answered by iqbal seth, 04 Mar '10 04:24 pm

 
  
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8.

Wastage of time and energy. PUBLISHED IN ALL NEWS PAPERS.
Answered by dare devil, 04 Mar '10 06:51 pm

 
  
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