TAXABLE INCOME SLAB (In Rupees) FOR ASSESSMENT YEAR 2009-2010
Investment Yogi : Income Tax Slabs India - Learn about the New Income Tax Slabs.
Click here for Income Tax Slab for Financial Year 2009-2010 (Assessment Year 2010 – 2011)
This year, there is a tax bonanza for almost all tax payers. The budget has not only presented new tax slabs for the taxpayer but has also raised the minimum threshold level of income tax for every person. This means that the basic exemption limit has been raised across the board to help the poor taxpayer.
InvestmentYogi presents you with a gist of the Income Tax Slab, which you might find timely and useful. The slabs are:
Few points that you would already be aware of, yet to note are:
- There are no changes in Surcharge.
- The above annual taxable income is subject to deductions (80C to 80U) and exemptions under the Income Tax Act 1961.
We have also come up with a Tax Calculator for your convenience. Do check out the Tax Calculator and find out your tax liability in no time.
Investment Yogi : Get Latest Information on the New Income Tax Slabs in India.