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Income Tax Rates | Money Tree Solution Place


For individuals, HUF, Association of Persons (AOP) and Body of individuals (BOI):For Year 2010-2011


Up to Rs. 160,000 (a)(b) NIL
Rs. 160,001 to Rs. 500,000 10%
Rs. 500,001 to Rs. 800,000 20%
Rs. 800,001 and above (c) 30%


    • 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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