Income Tax Slabs for Year 2008-2009

Income Tax Slab for Men (for resident men below 65 years age):

Upto Rs. 1,50,000 – NIL

From Rs. 1,50,000 to Rs. 3,00,000 – 10%

From Rs. 3,00,001 to Rs. 5,00,000 – 20%

Above Rs 5,00,001 – 30%

Income Tax for Women (for resident women below 65 years age):

Upto Rs. 1,80,000 – NIL

From Rs. 1,80,001 to Rs. 3,00,000 – 10%

From Rs. 3,00,001 to Rs. 5,00,000 – 20%

Above Rs 5,00,001 – 30%

Income Tax for Senior Citizen (for resident individual of 65 years or above):

Upto Rs. 2,25,000 – NIL

From Rs. 2,25,001 to Rs. 3,00,000 – 10%

From Rs. 3,00,001 to Rs. 5,00,000 – 20%

Above Rs 5,00,001 – 30%

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