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How to easily calculate Income tax slab for financial year 2007 - 2008 in India?
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http://jsbi.blogspot.com/2007/04/how-to-easily-calculate-inc...
Submitted by
jsbi
59 months, 1 day, 22 hours agoBelow is all the information for you to easily calculate Income tax slab for financial year 2007-2008 assessment year 20008-2009 as per the Indian Income Tax Department publications.
Taxable income slab (Rs.) Rate (%)
1,10,000 (individuals other than women/senior citizens) NIL
1,45,000 (for women) NIL
1,85,000 (for senior citizens) NIL
1,10,001 - 1,50,000 10%
1,50,001 - 2,50,000 20%
2,50,001 upwards 30%
10,00,000 upwards 30%*
For a detailed calculation please visit my website : www.jsbi.co.nr
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