Income Tax Rates: AY 2010-11 (FY 2009-10)

Personal Income Tax Rates

Income Tax Rates given below pertains to past period. Please click here for the latest Income Tax Rates.

Income Tax Rates applicable for Individuals, Hindu Undivided Family (HUF), Association of Persons (AOP) and Body of Individuals (BOI) in India is as under:

Assessment Year 2010-11, Relevant to Financial Year 2009-10

For Individuals below 65 years age, other than Woman Assessees:

Income
Tax Rate
Upto 160,000
Nil
160,000 to 300,000
10% of the amount exceeding 160,000
300,000 to 500,000
Rs.14,000 + 20% of the amount exceeding 300,000
500,000 & above
Rs.54,000 + 30% of the amount exceeding 500,000

For Woman Assessees below 65 years:

Income
Tax Rate
Upto 190,000
Nil
190,000 to 300,000
10% of the amount exceeding 190,000
300,000 to 500,000
Rs.11,000 + 20% of the amount exceeding 300,000
500,000 & above
Rs.51,000 + 30% of the amount exceeding 500,000

For Individuals aged 65 years and above:

Income
Tax Rate
Upto 240,000
Nil
240,000 to 300,000
10% of the amount exceeding 240,000
300,000 to 500,000
Rs.6,000 + 20% of the amount exceeding 300,000
500,000 & above
Rs.46,000 + 30% of the amount exceeding 500,000

Surcharge on Income Tax: Nil

Education Cess: 3% of Income Tax

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