Income Tax Rates | Money Tree Solution
For individuals, HUF, Association of Persons (AOP) and Body of individuals (BOI):For Year 2010-2011
|TAXABLE INCOME SLAB (Rs.)
|Up to Rs. 160,000 (a)(b)
|Rs. 160,001 to Rs. 500,000
|Rs. 500,001 to Rs. 800,000
|Rs. 800,001 and above (c)
- In the case of a resident woman below the age of sixty-five years, the basic exemption limit is Rs. 190,000
- In the case of a resident individual of the age of sixty-five years or above, the basic exemption limit is Rs. 240,000
- Surcharge is not applicable
- Education cess is applicable @ 3 percent on income-tax
- Marginal relief may be available.
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