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. 1,90,000 | Nil | Nil | Nil |
| Rs. 1,90,000 – 3,00,000 | 10% of (total income – 1,90,000) | 2% of income tax | 1% of income tax |
| Rs. 3,00,000 – 5,00,000 | 11000 + 20% of (total income – 3,00,000) | 2% of income tax | 1% of income tax |
| Above Rs. 5,00,000 | 51000 + 30% of (total income – 5,00,000) | 2% of income tax | 1% 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. 2,40,000 | Nil | Nil | Nil |
| Rs. 2,40,000 – 3,00,000 | 10% of (total income – 2,40,000) | 2% of income tax | 1% of income tax |
| Rs. 3,00,000 – 5,00,000 | 6,000 + 20% of (total income – 3,00,000) | 2% of income tax | 1% of income tax |
| Above Rs. 5,00,000 | 46,000 + 30% of (total income – 5,00,000) | 2% of income tax | 1% 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. 1,60,000 | Nil | Nil | Nil |
| Rs. 1,60,000 – 3,00,000 | 10% of (total income – 1,60,000) | 2% of income tax | 1% of income tax |
| Rs. 3,00,000 – 5,00,000 | 14,000 + 20% of (total income – 3,00,000) | 2% of income tax | 1% of income tax |
| Above Rs. 5,00,000 | 54,000 + 30% of (total income – 5,00,000) | 2% of income tax | 1% of income tax |