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Index Income Tax Rates Income Tax Calculators Income Tax Forms Info. of IT Act / Rules Direct Tax Code

Income Tax Rates / Slabs for Assessment Year 2010-11 (F Y 200910)
Individuals & HUFs AOPs & BOIs Co-operative Society Firm Local Authority Domestic Company Other Company Minimum Alternate Tax

A. Individuals and HUFs
In case of individual (other than II and III below) and HUF:Income Level / Slabs Income Tax Rate Where the total income does not exceed i. NIL Rs.1,60,000/-. Where the total income exceeds 10% of amount by which the total ii. Rs.1,60,000/- but does not exceed income exceeds Rs. 1,60,000/Rs.3,00,000/-. iii. Where the total income exceeds Rs. 14,000/- + 20% of the amount by

5.5.000/.00.3.000/-.000/-. In case of individual being a woman resident in India and below the age of 65 years at any time during the previous year:Income Level / Slabs Where the total income does not exceed i. Where the total income exceeds Rs. iv.00.+ 30% of the amount by which the total income exceeds Rs.3.+ 30% of the amount by which the total income exceeds Rs.00. which the total income exceeds Rs.00.46.6.2.5.00.40.5.2.00.90. iv.000/-.+ 30% of the amount by which the total income exceeds Rs.000/.000/-. Rs. Where the total income exceeds iii.5.00. Where total income exceeds ii.00. Rs.000/-.000/-.000/. Association of Persons (AOP) and Body of .00. Surcharge: The surcharge on Income Tax for Individuals for total income exceeding Rs.000/. Rs. Rs. Rs. Where the total income exceeds ii. B.90.000/-.3. Rs. Rs. Where the total income exceeds Rs.Rs.but does not exceed Rs. Rs.but does not exceed Rs.000.00.000/.000/.but does not exceed Rs.40.+ 20% of the amount by which the total income exceeds Rs.3.00.1.+ 20% of the amount by which the total income exceeds Rs.3. 11. iv.00.00.000/-.00.40. III.90.1. Rs.000/-.00.3. Education Cess: 3% of the Income-tax. II.000/Income Tax Rate NIL 10% of the amount by which the total income exceeds Rs.000/.5.000/Where the total income exceeds iii.5.000/-.000/Income Tax Rate NIL 10% of the amount by which the total income exceeds Rs.3.but does not exceed Rs. Rs. In case of an individual resident who is of the age of 65 years or more at any time during the previous year:Income Level / Slabs Where the total income does not exceed i.000/. Where the total income exceeds Rs.00.000/-.000/-.1.000/-.2.00.10 lacs stands removed.000/.3.but does not exceed Rs.000/-.5. Rs.51.5. 54.000/-.

ii.000/-. Surcharge: Nil iii.3.00. Rs.60.+ 20% of income in excess of Rs.5. ii. Where the total income exceeds ii.+ 30% of the amount by Where the total income exceeds iv.000/-.20. Income-tax: 30% of total income.Individuals (BOI) i. 1.000/-.00.00.000/-. Rs. Surcharge: Nil . 54. which the total income exceeds Rs.but does not exceed income exceeds Rs.60.000/. Co-operative Society i.000/. 3.000/-. Income Tax Rate 10% of the income.60.00. Rs.+ 30% of the amount by which total income exceeds Rs.000/ii. Rs. NIL Rs.00. Where the total income exceeds 10% of amount by which the total ii. Income-tax: Income Level / Slabs Income Tax Rate Where the total income does not exceed i. Income-tax: Income Level / Slabs Where the total income does not exceed i. Rs.20. 14.000/-. Where the total income exceeds iii. Firm i. 1.3. D.000/. 10.000/.000/. Rs. Education Cess: 3% of the Income-tax.but does not exceed which the total income exceeds Rs.5. Rs.5. 10. Where the total income exceeds Rs.20.000/Rs.but does not exceed Rs.10.00.000/.1.3.000/-.000/-.+ 20% of the amount by iii.000/. C.000/-. Education Cess: 3% of the Income-tax. Rs.000/-. Rs. Rs.1.

1 crore. iii. Local Authority i. and after being reduced by the amount of tax rebate shall be increased by a surcharge at the rate of 10% of such income tax. 1964 but before the 1st day of April. F. Education Cess: 3% of the total of Income-tax and Surcharge. H. Surcharge: Nil iii. ii. 1 crore. Income-tax: • • @ 50% of on so much of the total income as consist of (a) royalties received from Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concernafter the 31st day of March. Education Cess: 3% of the total of Income-tax and Surcharge. Domestic Company i. Company other than a Domestic Company i. 1 crore . iii. Income-tax: 30% of total income. in either case. G. Surcharge: The amount of income tax as computed in accordance with above rates. ii. 1 If book profit exceeds Rs. @ 40% of the balance ii. Surcharge: The amount of income tax as computed in accordance with above rates. E. provided that the total income exceeds Rs. been approved by the CentralGovernment. 1976.5% of such income tax. Income-tax: 30% of total income. or (b) fees for rendering technical services received from Government or an Indian concern in pursuance of an agreement madeby it with the Government or the Indian concern after the 29th day of February. 1961 but before the 1st day of April. provided that the total income exceeds Rs. 1976. Minimum Alternate Tax (MAT) If book profit does not exceed Rs. Education Cess: 3% of the total of Income-tax and Surcharge. and where such agreement has. and after being reduced by the amount of tax rebate shall be increased by a surcharge at the rate of 2. Education Cess: 3% of Income-tax.iii.

Disclaimer: All efforts are made to keep the content of this site correct and up-to-date. the minimum alternate tax cannot exceed the following: Rs.5575 % % 0. But.00 1. In case. 1 crore ) + Education Cess + Secondary Higher Education Cess.00 0. The contents of this site cannot be treated or interpreted as a statement of law.10 10. Highe Total r Edu. complete and up-to-date statement of law out of ignorance or otherwise.33% 0. 10 lakh + Book profit .205% Note .00 Compa 0.10 10.22% Sec.00% % % % 0.If book profit of a company exceeds Rs.20% 0. Tax Cess Domest ic 10.00% % ny 0. this site does not make any claim regarding the information provided on its pages as correct and up-to-date.1025 10.Rs. 1 crore.core Sec.25% % % % 0.30 10. Inco High Inco Surchar Educati Surchar Educati me er Total me ge on Cess ge on Cess Tax Edu.11% 11.30 10. this site will not be liable in any manner whatsoever for such loss or damage.20% 0. .00 0. any loss or damage is caused to any person due to his/her treating or interpreting the contents of this site or any part thereof as correct. Cess 0.00% Compa % ny Foreign 10.