Dear All,
Pls update me witjth new tax slabs for female , male and senior citizen for financial year 2008-2009. Its really urgent.Pls mail me on gaurihrm@gmail.com.
Thanks,
Gaur
gauri tomar (AM- Human Resource) 08 June 2008
Dear All,
Pls update me witjth new tax slabs for female , male and senior citizen for financial year 2008-2009. Its really urgent.Pls mail me on gaurihrm@gmail.com.
Thanks,
Gaur
Advocate Pankaj Kumar Sharma (Direct Taxes ( Income Tax & Wealth Tax) Consultants alongwith Service Tax including Tax Planning) 08 June 2008
Slab Rate For AY 2008-2009
Upto 110000 Nil
110000-150000 10%
150000-250000 20%
250000-1000000 30%
Above 1000000 30%
2. Resident Women Assessee Below 65 Yrs
Upto 145000 Nil
145000-150000 10%
150000-250000 20%
250000-1000000 30%
Above 1000000 30%
3. Resident senior Citizens
Upto 195000 Nil
195000-250000 20%
250000-1000000 30%
Above 1000000 30%
NOTE Surcharge @10% if total income exceed Rs 1000000.It is
applicable to all levels of income of Artificial Judicial Person(AJP)
Education cess(EC) @2% +Secondary & Higher Education cess
(SHEC)@ 1% at levels of income.
4. For Co-operative Societies
For First Rs.10000@10%
For Next Rs.10000@20%
For the Balance @30%
veenzar (Advocate) 09 June 2008
Calculate your tax easily at the given link
https://www.business-standard.com/budget_08/tax_calc/tax_calculator.htm
Manish Singh (Advocate) 09 June 2008
I think there's some mistake since the intaxable slab has been raised to 1, 50,000
Manish Singh (Advocate) 09 June 2008
For Year 2008-2009 |
Taxable Annual Income Slab (In Rs.) | Tax Rate (In %) |
Upto Rs. 1,50,000/- | Nil |
Rs. 1,50,001/- to Rs. 3,00,000/- | 10% |
Rs. 3,00,001/- to Rs. 5,00,000 | 20% |
Above Rs. 5,00,000/- | 30% |
For Year 2008-2009 |
Taxable Annual Income Slab (In Rs.) | Tax Rate (In %) |
Upto Rs. 1,80,000/- | Nil |
Rs. 1,80,001/- to Rs. 3,00,000/- | 10% |
Rs. 3,00,001/- to Rs. 5,00,000/- | 20% |
Above Rs. 5,00,000/- | 30% |
For Year 2008-2009 |
Taxable Annual Income Slab (In Rs.) | Tax Rate (In %) |
Upto Rs. 2,25,000/- | Nil |
Rs. 2,25,001/- to Rs. 3,00,000/- | 10% |
Rs. 3,00,001/- to Rs. 5,00,000 | 20% |
Above Rs. 5,00,000/- | 30% |
Guest (n/a) 10 June 2008
Thanks