Indian Income Tax Rates,Income Tax Rates In India,Personal Income Tax Rates In India,Individual Income Tax Rates In India

Income Tax Rates for Year 2008-09

For Males

For Year 2008-2009

Taxable Annual Income Slab (In Rs.)	Tax Rate (In %)
Upto Rs. 1,50,000/-	Nil
Rs. 1,50,001/- to Rs. 3,00,000/-	10%
Rs. 3,00,001/- to Rs. 5,00,000	20%
Above Rs. 5,00,000/-	30%

For Females

For Year 2008-2009

Taxable Annual Income Slab (In Rs.)	Tax Rate (In %)
Upto Rs. 1,80,000/-	Nil
Rs. 1,80,001/- to Rs. 3,00,000/-	10%
Rs. 3,00,001/- to Rs. 5,00,000/-	20%
Above Rs. 5,00,000/-	30%

For Senior Citizen

For Year 2008-2009

Taxable Annual Income Slab (In Rs.)	Tax Rate (In %)
Upto Rs. 2,25,000/-	Nil
Rs. 2,25,001/- to Rs. 3,00,000/-	10%
Rs. 3,00,001/- to Rs. 5,00,000	20%
Above Rs. 5,00,000/-	30%