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How to easily calculate Income tax slab for financial year 2007 - 2008 in India?

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Submitted by jsbi 59 months, 4 days, 9 hours ago

Below 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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