| INDIAN INCOME TAX RATES- BUDGET 2011(FY11-12) Men below 60 years of age (190000 FOR WOMEN) | Up to Rs 1,80,000 | NIL | Rs 1,80,001 to Rs 5,00,000 | 10% of the amount by which total income exceeds Rs 1,80,000 | Rs 5,00,001 to Rs 8,00,000 | Rs 32,000 plus 20% of the amount by which total income exceeds Rs 5,00,000 | Rs 8,00,000 and above | Rs 92,000 plus 30% of the amount by which total income exceeds Rs 8,00,000 | Senior Citizen above 80 years | upto 500000 | NIL | 500000 TO 800000 | 20% | ABOVE 800000 | 30% |
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| Senior Citizens (above 60 years) | Up to Rs 2,50,000 | NIL | Rs 2,50,001 to Rs 5,00,000 | 10 per cent | Rs 5,00,001 to Rs 8,00,000 | 20 per cent | Rs 8,00,000 and above | 30 per cent |
| | INDIAN INCOME TAX RATES- BUDGET 2010 (FY 10-11) |
Men below 65 years of age | Up to Rs 1,60,000 | NIL | Rs 1,60,001 to Rs 5,00,000 | 10% | Rs 5,00,001 to Rs 8,00,000 | 20% | Rs 8,00,000 and above | 30% | Women | Up to Rs 1,90,000 | NIL | Rs 1,90,001 to Rs 5,00,000 | 10 per cent | Rs 5,00,001 to Rs 8,00,000 | 20 per cent | Rs 8,00,000 and above | 30 per cent | Senior Citizens | Up to Rs 2,40,000 | NIL | Rs 2,40,001 to Rs 5,00,000 | 10 per cent | Rs 5,00,001 to Rs 8,00,000 | 20 per cent | Rs 8,00,000 and above | 30 per cent |
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