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Tax slabs for salaried personnel


As per tax year 2010

Sr.No Taxable income Rate of tax


where taxable income does Rs.300,000 0%
not exceed
Where taxable income Rs.300,000 but nor exceeds 0.75%
exceeds Rs.350,000
Where taxable income Rs.350,000 but not exceeds 1.50%
exceeds Rs.400,000
Where taxable income Rs.400,000 but not exceeds 2.50%
exceeds Rs.450,000
Where taxable income Rs.450,000 but not exceeds 3.50%
exceeds Rs.550,000
Where taxable income Rs.550,000 but not exceeds 4.50%
exceeds Rs.650,000
Where taxable income Rs.650,000 but not exceeds 6.00%
exceeds Rs.750,000
Where taxable income Rs.750,000 but not exceeds 7.50%
exceeds Rs.900,000
Where taxable income Rs.900,000 but not exceeds 9.00%
exceeds Rs.1,050,000
Where taxable income Rs.1,050,000 but not exceeds 10.00%
exceeds Rs.1,200,000
Where taxable income Rs.1,200,000 but not exceeds 11.00%
exceeds Rs.1,450,000
Where taxable income Rs.1,450,000 but not exceeds 12.50%
exceeds Rs.1,700,000
Where taxable income Rs1,700,000 but not exceeds 14.00%
exceeds Rs1,950,000
Where taxable income RS.1,950,000 but not exceeds 15.00%
exceeds Rs.2,250,000
Where taxable income Rs.2,250,000 but not exceeds 16.00%
exceeds Rs.2,850,000
Where taxable income Rs.2,850,000 but not exceeds 17.50%
exceeds Rs.3,550,000
Where taxable income Rs.3,550,000 but not exceeds 18.50%
exceeds Rs.4,550,000
Where taxable income Rs.4,550,000 20.00%
exceeds
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