Hi, mayi know the different slabs of incometax for 2007-08 assessment year?

Question

Hi, mayi know the different slabs of incometax for 2007-08 assessment year?

Answer 1

For FY2006-07 (AY2007-08), which is the FY just gone by:

I) In case of every individual other than the individual referred to in item II and III below:

Total Income (Rs.) ------ Rate

1,10,000 to 1,50,000 -----10%

1,50,000 to 2,50,000 -----4,000 + 20%

Above 2,50,000 ----------24,000 + 30%

II) In case of women employees below 65 years of age:

Total Income (Rs.) ------Rate

1,45,000 to 1,50,000 ----10%

1,50,000 to 2,50,000 ----500 + 20%

Above 2,50,000 ---------20,500 + 30%

II) In case of senior citizens:

Total Income (Rs.) ------Rate

1,95,000 to 2,50,000 ----20%

Above 2,50,000 ---------11,000 + 30%

For FY2008-09 http://prrajan-tax.blogspot.com/2008_02_...

Answer 2

http://www.surfindia.com/finance/income-...

http://mytaxes.in/index.php?topic=21.0

http://prrajan-tax.blogspot.com/2008_02_...

Answer 3

For assessment year 2007-08 (financial year 2006-07), read this

http://mytaxes.in/index.php?topic=21.0

Answer 4

Look at this:

http://www.surfindia.com/finance/income-...

Kannan

Answer 5

SlabRate   A.Y.(07-08)                     (%)

Up to Rs 1,00,000                            Nil  

Rs 1,00,000 - Rs 1,49,000               10.2

Rs 1,50,000 - Rs 2,49,000               20.4

Rs 2,50,000 - Rs 10,00,000             30.6

Above Rs 10,00,001                       33.66