Downoad Our App

Use our portfolio tracker to check & track your investment for absolutely free of charge !!!!"

Wealth-e-Portfolio

Client Advisor Employee
Forgot Password
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.) RATE (%)
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%



Note:

    • 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.

If you have any query please feel free to contact us.