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Forum Home > Taxation > NEW STRUCTURE OF INCOME TAX

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By : SANJAY DIXIT
Lawyer
[ Scorecard : 14753]

ON : 3/2/2008 12:35:05 PM
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NEW STRUCTURE OF INCOME TAX


 


MALE TAXPAYER





































BEFORE


NOW


Upto 1,10,000


Nil


Upto 1,50,000


Nil


1,10,001 to 1,50,000


10%


1,50,001 to 3,00,000


10%


1,50,001 to 2,50,000


20%


3,00,001 to 5,00,000


20%


More than 2,50,000


30%


5,00,001 & above


30%


Education Cess


3%


No Change


No Change


Surcharge on Income More than 10,00,000


10%


No Change


No Change


FEMALE TAXPAYER





































BEFORE


NOW


Upto 1,45,000


Nil


Upto 1,80,000


Nil


1,45,001 to 1,50,000


10%


1,80,001 to 3,00,000


10%


1,50,001 to 2,50,000


20%


3,00,001 to 5,00,000


20%


More than 2,50,000


30%


5,00,001 & above


30%


Education Cess


3%


No Change


No Change


Surcharge on Income More than 10,00,000


10%


No Change


No Change


SENIER CITIZEN





































BEFORE


NOW


Upto 1,95,000


Nil


Upto 2,25,000


Nil


1,95,001 to 2,50,000


20%


2,25,001 to 3,00,000


10%


More than 2,50,000


30%


3,00,001 to 5,00,000


20%

  

5,00,001 & above


30%


Education Cess


3%


No Change


No Change


Surcharge on Income More than 10,00,000


10%


No Change


No Change


 

By : soulofvalbooj
n/a
[ Scorecard : 290]

ON : 3/2/2008 1:35:22 PM
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good one sanjay

By : SANJAY DIXIT
Lawyer
[ Scorecard : 14753]

ON : 3/2/2008 1:52:35 PM
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Thanks & Welcome Dear Soulofvalbooj...

By : Siva Kumar
Student
[ Scorecard : 45]

ON : 3/3/2008 9:03:07 AM
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nice

By : Debashis Nanda
Proprietor
[ Scorecard : 23]

ON : 3/3/2008 7:23:54 PM
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Will this be applicable to this years submission i.e. in March 2008

By : SANJAY DIXIT
Lawyer
[ Scorecard : 14753]

ON : 3/4/2008 9:42:01 PM
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No, Dear debashis, it will be applicable for the fin.yr. 2008-2009.
By : RAJAGOPALAN
CHARTERED ACCOUNTANT
[ Scorecard : 26]

ON : 3/5/2008 9:48:49 PM
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Dear Debashis Nanda, it is applicable for the period starting from April 2008 to March 2009 ie F.Y.2008-09

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