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Understanding Tax!

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Tax 2008-2009 The slabs! Assessee (others) (Male < 65, HUF)

Rs: 1,50,000

Women Assessee ( < 65)Rs: 1,80,000

Senior Citizen (65 or 65+) Rs: 2,25,000

0 1,50,000 - Nil

1,50,001 3,00,000 - 10% (15,000) + 3% E.C

3,00,001 5,00,000 - 20% (60,000) + 3% E.C

5,00,001 above - 30% + 3% E.C

10% Surcharge - above 10,00,000

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Rates Ready Reckoner!Rate Others Women