TDS AND INCOME TAX

INCOME TAX RATES FOR AY 2006-07 TO AY 2011-12 FOR INDIVIDUAL ,HUF ,BOI,AOP
www.itaxindia.org
Assessment
year
Rate Resident
woman
Resident Sr citizen General/others
2011-12 Nil Up to 190000 Up to 240000 Up to 160000
10% 190000-500000 240000-500000 160000-500000
20% 500000-800000 500000-800000 500000-800000
30% Above 800000 Above 800000 Above 800000
Surcharge: NIL
Cess: 3% on Income Tax (2 % education cess ,1% Higher secondary cess)
2010-11 Nil Up to 190000 Up to 240000 Up to 160000
10% 190000-300000 240000-300000 160000-300000
20% 300000-500000 300000-500000 300000-500000
30% Above 500000 Above 500000 Above 500000
Surcharge: NIL
Cess: 3% on Income Tax (2 % education cess ,1% Higher secondary cess)
2009-10 Nil Up to 180000 Up to 225000 Up to 150000
10% 180000-300000 225000-300000 150000-300000
20% 300000-500000 300000-500000 300000-500000
30% Above 500000 Above 500000 Above 500000
Surcharge: 10 % on Income Tax if income Exceeding Rs 10,00,000
Cess: 3% on Income Tax & surcharge (2 % education cess ,1% Higher
secondary cess)
2008-09 Nil Up to 145000 Up to 195000 Up to 110000
10% 145000-300000 195000-300000 110000-300000
20% 300000-500000 300000-500000 300000-500000
30% Above 500000 Above 500000 Above 500000
Surcharge: 10 % on Income Tax if income Exceeding Rs 10,00,000
Cess: 3% on Income Tax & surcharge (2 % education cess ,1% Higher
secondary cess)
2006-07 and
2007-08
Nil Up to 135000 Up to 185000 Up to 100000
10% 135000-300000 185000-300000 100000-300000
20% 300000-500000 300000-500000 300000-500000
30% Above 500000 Above 500000 Above 500000
Surcharge: 10 % on Income Tax if income Exceeding Rs 10,00,000
Cess: 2% on Income Tax & surcharge (2 % education cess )
INCOME TAX RATES FOR AY 2006-07 TO AY 2011-12 FOR INDIVIDUAL ,HUF ,BOI,AOP
www.itaxindia.org

RAHUL RAJPUT