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1,
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By :
SANJAY DIXIT
Lawyer
[ Scorecard : 14753]
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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% |
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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 |
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By :
soulofvalbooj
n/a
[ Scorecard : 290]
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ON : 3/2/2008 1:35:22 PM
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good one sanjay
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By :
SANJAY DIXIT
Lawyer
[ Scorecard : 14753]
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ON : 3/2/2008 1:52:35 PM
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Thanks & Welcome Dear Soulofvalbooj...
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By :
Siva Kumar
Student
[ Scorecard : 45]
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ON : 3/3/2008 9:03:07 AM
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nice
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By :
Debashis Nanda
Proprietor
[ Scorecard : 23]
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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
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By :
SANJAY DIXIT
Lawyer
[ Scorecard : 14753]
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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.
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By :
RAJAGOPALAN
CHARTERED ACCOUNTANT
[ Scorecard : 26]
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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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