What is income tax slab on 2008-09.?

Question

What is income tax slab on 2008-09.?

Answer 1

For assessment year 2008-09

http://mytaxes.in/index.php?topic=16.0

For assessment year 2009-10

http://mytaxes.in/index.php?topic=7.0

Answer 2

For F.Y 2008-09 Tax slabs are

Men below 65 yrs. -150010-300000   10%

                                  300010-500000   20%

                                  Above  500000     30%

For women Below 65Yrs

                                 180010-300000   10%

                                  300010-500000    20%

                                  Above 500000       30%

For Senior citizens above 65 yrs(Men/Women)

                                  225010-300000   10%

                                  300010-500000    20%

                                  Above 500000       30%

Besides this in all cases,Surcharge @ 10% in case income exceeds Rs.1000000. ,Education Cess @ 3% on the tax plus surcharge.

Answer 3

you should search it on Internet or you should read the latest guide of income tax 2008-09.

Answer 4

why don't you download a simple tax calculator in excel from the link

http://simpletaxindia.blogspot.com/2008/...

Answer 5

Individual Assessee:

Up to Rs.150,000--------------NIL

Rs.150,001 to Rs.300,000-----10 per cent

Rs.300,001 to Rs.500,000-----20 per cent

Rs.500,001 and above---------30 per cent

in case the assessee is Women:

Up to Rs.180,000--------------NIL

Rs.180,001 to Rs.300,000-----10 per cent

Rs.300,001 to Rs.500,000-----20 per cent

Rs.500,001 and above---------30 per cent

If the Assessee is Senior Citizens:

Up to Rs.225,000--------------NIL

Rs.225,001 to Rs.300,000-----10 per cent

Rs.300,001 to Rs.500,000-----20 per cent

Rs.500,001 and above---------30 per cent

10 % surcharge if income goes above 10 lac in all three categories

Answer 6

upto 150000 - nil

150001 - 300000 - 10%

300000 - 500000 - 20%

500001 - whatever - 30%

Answer 7

For FY08-09, for a salaried employee:

General:

Up to Rs.150,000--------------NIL

Rs.150,001 to Rs.300,000-----10 per cent

Rs.300,001 to Rs.500,000-----20 per cent

Rs.500,001 and above---------30 per cent

Women:

Up to Rs.180,000--------------NIL

Rs.180,001 to Rs.300,000-----10 per cent

Rs.300,001 to Rs.500,000-----20 per cent

Rs.500,001 and above---------30 per cent

Senior Citizens:

Up to Rs.225,000--------------NIL

Rs.225,001 to Rs.300,000-----10 per cent

Rs.300,001 to Rs.500,000-----20 per cent

Rs.500,001 and above---------30 per cent