Income Tax Slab for 2008-09 for India

Income Tax Rates for Year 2008-09

For Males
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 Females

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 Senior Citizen
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% Click Here to Read More !!!!