Here are the slabs for the income tax for the income incurring in FY2010-2011. The assessment year for these slabs is 2011-2012.

Income tax slabs 2010-2011 for General tax payers

Yearly Income Tax Rate
Rs. 0 to 1,60,000 No Tax (0 %)
Rs. 1,60,001 to 5,00,000 10%
Rs. 5,00,001 to 8,00,000 20%
Above Rs. 8,00,000 30%

Income tax slabs 2010-2011 for Women

Yearly Income Tax Rate
Rs. 0 to 1,90,000 No Tax (0 %)
Rs. 1,90,001 to 5,00,000 10%
Rs. 5,00,001 to 8,00,000 20%
Above Rs. 8,00,000 30%

Income tax slabs 2010-2011 for Senior citizen (65+ years)

Yearly Income Tax Rate
Rs. 0 to 2,40,000 No Tax (0 %)
Rs. 2,40,001 to 5,00,000 10%
Rs. 5,00,001 to 8,00,000 20%
Above Rs. 8,00,000 30%

See the latest slabs for FY 2011-2012 here

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3 Comments on Income Tax Slabs 2010-2011

  1. dhaval says:

    Why the tax slabs have to be gender biased in India ?.

    Why government thinks males should pay more tax to government ?.

    Giving 30,000 more tax free income to women is clear injustice to men, because in case women leaves matrimonial home then highly taxed husband is forced to give her alimony and maintenance every month.

  2. Ankit Jain says:

    I want know about the NEW BUDGET FOR 2012-13.

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