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Income Tax Rates
Income Tax Rates decide the tax to be implemented on your income. In India, there are differents rates of Income Tax for men, women and senior citizens. Here is a detail of Income Tax Rates in India.

Income tax slabs 2010-2011 (for Men) in India:
Income Tax Slab (in Rs.) Tax
0 to 1,60,000 No Tax
1,60,001 to 5,00,000 10%
5,00,001 to 8,00,000 20%
Above 8,00,000 30%

Income tax slabs 2010-2011 (for Women) in India:
Income Tax Slab (in Rs.) Tax
0 to 1,90,000 No Tax
1,90,001 to 5,00,000 10%
5,00,001 to 8,00,000 20%
Above 8,00,000 30%

Income tax slabs 2010-2011 (for Senior Citizens) in India:
Income Tax Slab (in Rs.) Tax
0 to 2,40,000 No Tax
2,40,001 to 5,00,000 10%
5,00,001 to 8,00,000 20%
Above 8,00,000 30%

*An educational cess of 3% on tax payable.

Note:
To calculate your Income Tax go to Income Tax Calculator

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