Income Tax Slab After Budget 2010-2011
Central Finance Minister Shri Pranab Mukharjee has presented the common budget of 2010- 2011. He given heavy rebate in income tax for common man of India. Here is full detail and slab of income tax chart as 2010 budget.
Yearly Income in Rs. (Individually) New Tax Rate (In %) Up to 1,60,000 No Any Tax 1,60,001-5,00,000 10 5,00,001-8,00,000 20 More then 8,00,000 30 Yearly Income (women) In Rs. New Tax Rate (In %) Up to 1,90,000 No Any Tax 1,90,001-5,00,000 10 5,00,001-8,00,000 20 More then 8,00,000 30 Yearly Income (Senior Citizen) In Rs. New Tax Rate (In %) Up to 2,40,000 No Any Tax 2,40,000-5,00,000 10 5,00,001-8,00,000 20 More then 8,00,000 30
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