Tax Slab - 2008-2009

     Slab Rate For AY 2008-2009

1. For Individuals/HUF/AOP/BOI/AJP(For Individuals other than Resident Womem Assessee & Resident Senior Citizens)

             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%

               EC@2% @ SHEC@1%. Surcharge is not aplicable.

Calculate your tax easily at the given link

https://www.business-standard.com/budget_08/tax_calc/tax_calculator.htm

I think there's some mistake since the intaxable slab has been raised to 1, 50,000

Income Tax Rates for Year 2008-09

Thanks