| New Income Slab for Individual |
| Income Slab |
Tax |
Income Slab |
Tax |
| Income upto Rs 1,60,000 |
Nil |
Income upto Rs 1,60,000 |
Nil |
| Income from Rs 1,60,001 to 5,00,000 |
10 % |
Income from Rs 1,60,001 to 3,00,000 |
10 % |
| Income from Rs 5,00,001 to 8,00,000 |
20 % |
Income from Rs 3,00,001 to 5,00,000 |
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 Women |
| Income Slab |
Tax |
Income Slab |
Tax |
| Income upto Rs 1,90,000 |
Nil |
Income upto Rs 1,90,000 |
Nil |
| Income from Rs 1,90,001 to 5,00,000 |
10 % |
Income from Rs 1,90,001 to 3,00,000 |
10 % |
| Income from Rs 5,00,001 to 8,00,000 |
20 % |
Income from Rs 3,00,001 to 5,00,000 |
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 Slab |
Tax |
Income Slab |
Tax |
| Income upto Rs 2,40,000 |
Nil |
Income upto Rs 2,40,000 |
Nil |
| Income from Rs 2,40,001 to 5,00,000 |
10 % |
Income from Rs 2,40,001 to 3,00,000 |
10 % |
| Income from Rs 5,00,001 to 8,00,000 |
20 % |
Income from Rs 3,00,001 to 5,00,000 |
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)
CGHS subscription will be exempted u/s 80D