India Income Tax Slabs For The Year 2010-2011. For General Public, Women, And Senior Citizens.

As the March or the new financial year arrives, everywhere in the corporate, government, private sector the wind of Income tax starts blowing in India. Many people starts asking each-other the slab of the income tax. Every income tax payer wants to know the income tax limits or the slab; thus they are able to calculate their tax (How much tax they have to pay etc.). Every year after the Indian budget, the income tax slab use to get revised and accordingly the income tax slabs get decided. Income tax percentages are different for the different annual incomes and also varies for ‘general public, women, and senior citizens’. Here I am listing the Income tax slabs for the financial year (FA) 2010-2011 (April 2010-March 2011) for the benefit of TZL Readers and my Friends. Those who are income tax payers can get benefits from it, but those whose are not directly associated with Income Tax, can guide to friends, families and relatives about income tax.

Income tax slabs India 2010-2011 for General Public tax payers. :

0 Rs. to 1,60,000 Rs.                      No tax.

1,60,001 Rs. to 5,00,000 Rs.        10%

5,00,001 Rs. to 8,00,000 Rs.        20%

Above 8,00,000 Rs.                         30%

Income tax slabs India 2010-2011 for Women tax payers. :

0 Rs. to 1,90,000 Rs.                      No tax

1,90,001 Rs. to 5,00,000 Rs.       10%

5,00,001 Rs. to 8,00,000 Rs.        20%

Above 8,00,000 Rs.                        30%

Income tax slabs India 2010-2011 for Senior Citizen tax payers. :

0 Rs. to 2,40,000 Rs.                      No tax

2,40,001 Rs. to 5,00,000 Rs.        10%

5,00,001 Rs. to 8,00,000 Rs.         20%

Above 8,00,000 Rs.                         30%

Wish you happy financial year 2010-2011. Also Visit: Listen All Bollywood Songs/Music Free Online.