NEW TAX SLABS

New Income Tax Slab for FY-2010-11
New Income Slab for Individual
Income Slab Tax
Income upto Rs 1,60,000 Nil
Income from Rs 1,60,001 to 5.0L 10 %
Income from Rs 5,00,001 to 8L 20 %
Income above 8,00,000 30 %

30 %(Tax exemption under Infra Bonds Rs.20,000 from FY 2010-11)
New Income Slab for Women
Income Slab

Income upto Rs 1,90,000 Nil

Income from Rs 1,90,001 to 5 L 10 %
Income from Rs 5,00,001 to 8 L 20 %
Income above 8,00,000 30 %
Income above Rs 5,00,000
30 %(Tax exemption under Infra Bonds Rs.20,000 from FY 2010-11)
New Income Slab for Senior Citizen
Income upto Rs 2,40,000 Nil

Rs 2,40,001 to 5,00,000 10 %

Income from Rs 5,00,001 to 8L 20 %

Income above 8,00,000 30 %

30 %(Tax exemption under Infra Bonds Rs.20,000 from FY 2010-11) CGHS subscription will be exempted u/s 80D