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Tax Slab Rates 2009-10

Income Tax Slab Rate for A.Y. 2009-10(.i.e FY 2008-09.) and Income Tax Rates for F.Y. 2008-09 as per  Finance Act, 2008. Income tax slab rates for Individual, Woman,Senior Citizen, Super Senior Citizen and HUF/AOP/BOI/artificial juridical person and Companies (including partnership firms and LLP’s). Minimum tax exemption limit for individual is Rs 150,000/- and for resident women below age of 65 Yrs is Rs 180,000/- and for individual age between 65 Year and above .i.e senior citizen is Rs 225,000/-

Assessment Year 2009-10

  • For a resident woman (who is below 65 years):

Net income range

Income tax rates

Education cess

Secondary and higher education cess

Up to Rs. 1,80,000Nil NilNil
Rs. 1,80,000 – 3,00,00010% of (total income – 1,80,000)2% of income tax1% of income tax
Rs. 3,00,000 – 5,00,00012000 + 20% of (total income – 3,00,000)2% of income tax1% of income tax
Above Rs. 5,00,00052000 + 30% of (total income – 5,00,000)2% of income tax1% of income tax
  • For a resident senior citizen(who is above 65 years ):

Net income range

Income tax rates

Education cess

Secondary and higher education cess

Up to Rs. 2,25,000Nil NilNil
Rs. 2,25,000 – 3,00,00010% of (total income – 2,25,000)2% of income tax1% of income tax
Rs. 3,00,000 – 5,00,0007500 + 20% of (total income – 3,00,000)2% of income tax1% of income tax
Above Rs. 5,00,00047,500 + 30% of (total income – 5,00,000)2% of income tax1% of income tax
  • For any other individual (i.e. every HUF/AOP/BOI/artificial juridical person):

Net income range

Income tax rates

Education cess

Secondary and higher education cess

Up to Rs. 1,50,000Nil NilNil
Rs. 1,50,000 – 3,00,00010% of (total income – 1,60,000)2% of income tax1% of income tax
Rs. 3,00,000 – 5,00,00015,000 + 20% of (total income – 3,00,000)2% of income tax1% of income tax
Above Rs. 5,00,00055,000 + 30% of (total income – 5,00,000)2% of income tax1% of income tax

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