Income Tax Rates for Financial Year 2008-09 and 2009-10.

As there is no change in the tax structure for the FY. 2009-10, the same rate is applicable as the last year.

For Males

For Year 2008-2009

For Year 2009-10

 

Taxable Annual Income Slab (In Rs.)

Tax Rate (In %)

Upto Rs. 1,50,000/-

Nil

Rs. 1,50,001/- to Rs. 3,00,000/-

10%

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

20%

Above Rs. 5,00,000/-

30%

For Females 

For Year 2008-2009

  For Year 2009-10

Taxable Annual Income Slab (In Rs.)

Tax Rate (In %)

Upto Rs. 1,80,000/-

Nil

Rs. 1,80,001/- to Rs. 3,00,000/-

10%

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

20%

Above Rs. 5,00,000/-

30%

For Senior Citizen 

For Year 2008-2009

  For Year 2009-10

Taxable Annual Income Slab (In Rs.)

Tax Rate (In %)

Upto Rs. 2,25,000/-

Nil

Rs. 2,25,001/- to Rs. 3,00,000/-

10%

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

20%

Above Rs. 5,00,000/-

30%