Tax Slab Rates 2010-11

Income Tax Slab Rate for A.Y. 2010-11(.i.e FY 2009-10.) and Income Tax Rates for F.Y. 2009-10 as per  Finance Act, 2009. Income tax slab rates for Individual, Woman,Senior Citizen, Super Senior Citizen and HUF/AOP/BOI/artificial juridical person and Companies (including partnership firms and LLP’s). Minimum tax exemption limit for individual is Rs 160,000/- and for resident women below age of 65 Yrs is Rs 190,000/- and for individual age between 65 Year and above .i.e senior citizen is Rs 240,000/-

Assessment Year 2010-11

  • For a resident woman (who is below 65 years):

Net income range

Income tax rates

Education cess

Secondary and higher education cess

Up to Rs. 1,90,000Nil NilNil
Rs. 1,90,000 – 3,00,00010% of (total income – 1,90,000)2% of income tax1% of income tax
Rs. 3,00,000 – 5,00,00011000 + 20% of (total income – 3,00,000)2% of income tax1% of income tax
Above Rs. 5,00,00051000 + 30% of (total income – 5,00,000)2% of income tax1% of income tax
  • For a resident senior citizen(who is above 65 years ):

Net income range

Income tax rates

Education cess

Secondary and higher education cess

Up to Rs. 2,40,000Nil NilNil
Rs. 2,40,000 – 3,00,00010% of (total income – 2,40,000)2% of income tax1% of income tax
Rs. 3,00,000 – 5,00,0006,000 + 20% of (total income – 3,00,000)2% of income tax1% of income tax
Above Rs. 5,00,00046,000 + 30% of (total income – 5,00,000)2% of income tax1% of income tax
  • For any other individual (i.e. every HUF/AOP/BOI/artificial juridical person):

Net income range

Income tax rates

Education cess

Secondary and higher education cess

Up to Rs. 1,60,000Nil NilNil
Rs. 1,60,000 – 3,00,00010% of (total income – 1,60,000)2% of income tax1% of income tax
Rs. 3,00,000 – 5,00,00014,000 + 20% of (total income – 3,00,000)2% of income tax1% of income tax
Above Rs. 5,00,00054,000 + 30% of (total income – 5,00,000)2% of income tax1% of income tax


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