I wish we have elections every year - the slabs have changed and look at the way they did... :-)
Here are the new ones:
General:
Up to Rs.150,000--------------NIL
Rs.150,001 to Rs.300,000-----10 per cent
Rs.300,001 to Rs.500,000-----20 per cent
Rs.500,001 and above---------30 per cent
Women:
Up to Rs.180,000--------------NIL
Rs.180,001 to Rs.300,000-----10 per cent
Rs.300,001 to Rs.500,000-----20 per cent
Rs.500,001 and above---------30 per cent
Senior Citizens:
Up to Rs.225,000--------------NIL
Rs.225,001 to Rs.300,000-----10 per cent
Rs.300,001 to Rs.500,000-----20 per cent
Rs.500,001 and above---------30 per cent
Friday, February 29, 2008
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4 comments:
Your information is simple and easy to understand. thanks.Do you have or know link related free income tax calculation software in excel or else containing form 16, saral etc for computation
Thanks.
Just look down into my blog and you will find the IT Calculator for FY2007-08; I will be releasing the FY2008-09 after March '08. You can check at http://prrajan-tax.blogspot.com/2008/01/india-income-tax-calculator-for-fy2007.html
Good job dude! Keep it up.
Siva
Thanks for your Help Mr. Rajan... Information provided by you is really helpful and thanks a lot again.
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