Threaded Mode | Linear Mode

***administrator*** · 07-09-2009 04:10 PM

New Income Tax Rates (Revised slab Table after
budget-2009)

Income Tax Exemption limit subsequent union budget-2009 for
individual tax payers was increased by Rs.10,000 for Male below 65years,
women and Rs.15,000 for Senior Citizens (i.e.65 years and above) by the
finance minister.
Finance Minister removed the surcharge on Income above Rs.10 Lakh (Rs.1
million) for Personal Income Tax payers.

The new Income Tax slab for A.Y.2010-11, F.Y.2009-10 will stand as follows.

Taxable Income	Senior Citizens	Women	Others
Up to Rs.1,60,000	Nil	Nil	Nil
Rs.1,60,001 to Rs.1,90,000	Nil	Nil	10% of the amount exceeding Rs.1,60,000
Rs.1,90,001 to Rs.2,40,000	Nil	10% of the amount exceeding Rs.1,90,000	10% of the amount exceeding Rs.1,60,000
Rs.2,40,001 to Rs.3,00,000	10% of the amount exceeding Rs.2,40,000	10% of the amount exceeding Rs.1,90,000	10% of the amount exceeding Rs.1,60,000
Rs.3,00,001 to Rs.5,00,000	Rs.6,000 + 20% of the amount exceeding Rs.3,00,000	Rs.11,000 + 20% of the amount exceeding Rs.3,00,000	Rs.14,000 + 20% of the amount exceeding Rs.3,00,000
Rs.5,00,001 and above	Rs.46,000 + 30% of the amount exceeding Rs.5,00,000	Rs.51,000 + 30% of the amount exceeding Rs.5,00,000	Rs.54,000 + 30% of the amount exceeding Rs.5,00,000

***administrator*** · 07-11-2009 06:56 PM

The Tax Computation for any Financial Year from 2002-03 to 2009-10 can be done by using the following Income Tax Calculator:

or you may use the following Link on the Income Tax Department's Website :

http://law.incometaxindia.gov.in/Taxmann...xcalc.aspx

***administrator*** · 07-11-2009 07:26 PM

pankajadv · 10-20-2009 04:39 PM

Check all year income tax slabs and income tax calculators
http://www.etaxindia.org/category/income...-tax-slabs

rmani02 · 11-03-2009 09:14 PM

sir,
i want to know that what is rule for deduction of HRA from salary
for this year 2009-2010.i have some confusion on this regard so may please help me and i am be very thankful to you if you give me the correct rules on this matter.

RAKESH MANI TRIPATHI
JE-1,LOCOWORKSHOP,
CB,LKO.

**lalit khandelwal** · 04-01-2010 09:54 PM

From home page of IRTSA .net site,You may look in Sal-Tax 2010-11 excel sheet-2 for FY 2009-10. Details for HRA deduction are available under section 80GG col.
Lalit Khandelwal

***administrator*** · 04-03-2010 08:03 PM

Presentation on Income Tax Planning for Government employees. Prepared by Er. Lalit Khandelwal

Tax Planning for Govt employees

See more presentations by Lalit1950 | Upload your own PowerPoint presentations

Threaded Mode \| Linear Mode Income Tax Slabs for F.Y. 2009-10
Author	Message