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Comparison of tax slabs
- 1. Financial Year 2008-09 2009-10 2010-11 2011-12 Normal Tax Rates Income Tax Rate (%) Nil up to 2012-13 Income 150,000 Income 160,000 Income 160,000 Income 180,000 200,000 10% up to 300,000 300,000 500,000 500,000 500,000 20% up to 500,000 500,000 800,000 800,000 1,000,000 30% greater then 500,000 500,000 800,000 800,000 1,000,000 Tax for a person earning 10 lakhs 205,000 204,000 154,000 Women below 65 Years Tax Rate (%) Nil Income up to 180,000 152,000 60 Years Income 190,000 Income 190,000 130,000 Deleted Income 190,000 10% up to 300,000 300,000 500,000 500,000 20% up to 500,000 500,000 800,000 800,000 30% greater then 500,000 500,000 800,000 800,000 Senior Citizens (65 Years or above) Tax Rate (%) Income Income 60 -80 Years Income Income Income Nil up to 225,000 240,000 240,000 250,000 250,000 10% up to 300,000 300,000 500,000 500,000 500,000 20% up to 500,000 500,000 800,000 800,000 800,000 30% greater then 500,000 500,000 800,000 800,000 800,000 > 80 Years Tax Rate (%) Income Nil up to 500,000 500,000 20% up to 800,000 1,000,000 30% greater then 800,000 1,000,000