Friday, February 26, 2010

New Income TAX Slab proposed in the budget for the financial year 2010 - 2011

New Income Tax slab proposed by the finance minister for the upcoming financial year 2010 - 2011

New tax slabs are:
Income up to Rs 1.6 lakh                                     - NIL
Income above Rs 1.6 lakh and up to Rs 5 lakh  - 10%
Income above Rs 5 lakh and up to Rs 8 lakh     - 20%
Income above Rs 8 lakh                                      - 30%


If you are looking for any further clarification, ask your question as a comment here.
I will answer your questions.

1 comment:

Seenath Kumar said...

Really great information this will really help investors. Great work Keep it !!!!!!!!!!!!!!!!up.
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