Income Tax Rates Slabs

Some people have a lots of confusion in mind about income tax rates/slabs like which income tax slab applicable to this assessment year, financial year etc. Majority of peoples are confused to applicable income tax rates/slabs on particular assessment year. So this is the static page of income tax slab/rates applicable in India for last 10 years.

Income Tax Rates / Slabs in India as per Assessment Year (A.Y)

Click the A.Y year below to see the income tax slab/rate of that assessment year.

1. 2011-12
2. 2010-11
3. 2009-10
4. 2008-09
5. 2007-08
6. 2006-07
7. 2005-06
8. 2004-05
9. 2003-04
10. 2002-03
11. 2001-02

Income Tax Rates/Slabs for A.Y. (2011-12)

Slab (Rs.)	Tax (Rs.)
less than 1,60,000	Nil
1,60,000 to 5,00,000	(TI – 1,60,000) * 10%
5,00,000 to 8,00,000	34,000 + (TI – 5,00,000) * 20%
Greater than 8,00,000	94,000 + (TI – 8,00,000) * 30%

Women aged 65 years or less

Slab (Rs.)	Tax (Rs.)
less than 1,90,000	Nil
1,90,000 to 5,00,000	(TI – 1,90,000) * 10%
5,00,000 to 8,00,000	31,000 + (TI – 5,00,000) * 20%
Greater than 8,00,000	91,000 + (TI – 8,00,000) * 30%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.)	Tax (Rs.)
less than 2,40,000	Nil
2,40,000 to 5,00,000	(TI – 2,40,000) * 10%
5,00,000 to 8,00,000	26,000 + (TI – 5,00,000) * 20%
Greater than 8,00,000	86,000 + (TI – 8,00,000) * 30%

Income Tax Rates/Slabs for A.Y. (2010-11)

Slab (Rs.)	Tax (Rs.)
less than 1,60,000	Nil
1,60,000 to 3,00,000	(TI – 1,60,000) * 10%
3,00,000 to 5,00,000	14,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000	54,000 + (TI – 5,00,000) * 30%

Women aged 65 years or less

Slab (Rs.)	Tax (Rs.)
less than 1,90,000	Nil
1,90,000 to 3,00,000	(TI – 1,90,000) * 10%
3,00,000 to 5,00,000	11,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000	51,000 + (TI – 5,00,000) * 30%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.)	Tax (Rs.)
less than 2,40,000	Nil
2,40,000 to 3,00,000	(TI – 2,40,000) * 10%
3,00,000 to 5,00,000	6,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000	46,000 + (TI – 5,00,000) * 30%

Income Tax Rates/Slabs for A.Y. (2009-10)

Slab (Rs.)	Tax (Rs.)
less than 1,50,000	Nil
1,50,000 to 3,00,000	(TI – 1,50,000) * 10%
3,00,000 to 5,00,000	15,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000	55,000 + (TI – 5,00,000) * 30%

Women aged 65 years or less

Slab (Rs.)	Tax (Rs.)
less than 1,80,000	Nil
1,80,000 to 3,00,000	(TI – 1,80,000) * 10%
3,00,000 to 5,00,000	12,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000	52,000 + (TI – 5,00,000) * 30%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.)	Tax (Rs.)
less than 2,25,000	Nil
2,25,000 to 3,00,000	(TI – 2,25,000) * 10%
3,00,000 to 5,00,000	7,500 + (TI – 3,00,000) * 20%
Greater than 5,00,000	47,500 + (TI – 5,00,000) * 30%

Income Tax Rates/Slabs for A.Y. (2008-09)

Slab (Rs.)	Tax (Rs.)	Surcharge on Income Tax (if TI > Rs.10 Lakhs)
less than 1,10,000	Nil	Nil
1,10,000 to 1,50,000	(TI – 1,10,000) * 10%	10%
1,50,000 to 2,50,000	4,000 + (TI – 1,50,000) * 20%	10%
Greater than 2,50,000	24,000 + (TI – 2,50,000) * 30%	10%

Women aged 65 years or less

Slab (Rs.)	Tax (Rs.)	Surcharge on Income Tax (if TI > Rs.10 Lakhs) (Rs.)
less than 1,45,000	Nil	Nil
1,45,000 to 1,50,000	(TI – 1,45,000) * 10%	10%
1,50,000 to 2,50,000	500 + (TI – 1,50,000) * 20%	10%
Greater than 2,50,000	20,500 + (TI – 2,50,000) * 30%	10%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.)	Tax (Rs.)	Surcharge on Income Tax (if TI > Rs.10 Lakhs) (Rs.)
less than 1,95,000	Nil	Nil
1,95,000 to 2,50,000	(TI – 1,95,000) * 20%	10%
Greater than 2,50,000	11,000 + (TI – 2,50,000) * 30%	10%

Education Cess has to be added on Income-tax and Surcharge @ 2% from AY 2004-05 and 3% from AY 2007-08

Income Tax Rates/Slabs for A.Y. (2006-07 & 2007-08)

Slab (Rs.)	Tax (Rs.)	Surcharge on Income Tax (if TI > Rs.10 Lakhs)
less than 1,00,000	Nil	Nil
1,00,000 to 1,50,000	(TI – 1,00,000) * 10%	10%
1,50,000 to 2,50,000	5,000 + (TI – 1,50,000) * 20%	10%
Greater than 2,50,000	25,000 + (TI – 2,50,000) * 30%	10%

Women aged 65 years or less

Slab (Rs.)	Tax (Rs.)	Surcharge on Income Tax (if TI > Rs.10 Lakhs) (Rs.)
less than 1,35,000	Nil	Nil
1,35,000 to 1,50,000	(TI – 1,35,000) * 10%	10%
1,50,000 to 2,50,000	1,500 + (TI – 1,50,000) * 20%	10%
Greater than 2,50,000	21,500 + (TI – 2,50,000) * 30%	10%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.)	Tax (Rs.)	Surcharge on Income Tax (if TI > Rs.10 Lakhs) (Rs.)
less than 1,85,000	Nil	Nil
1,85,000 to 2,50,000	(TI – 1,85,000) * 20%	10%
Greater than 2,50,000	13,000 + (TI – 2,50,000) * 30%	10%

Income Tax Rates/Slabs for A.Y. (2004-05 & 2005-06)

Slab (Rs.)	Tax (Rs.)	Surcharge on Income Tax (If TI > Rs.8.50 Lakhs) (Rs.)
less than 50,000	Nil	Nil
50,000 to 60,000	(TI – 50,000) * 10%	10%
60,000 to 1,50,000	1,000 + (TI – 60,000) * 20%	10%
Greater than 1,50,000	19,000 + (TI – 1,50,000) * 30%	10%

Income Tax Rates/Slabs for A.Y. (2003-04)

Slab (Rs.)	Tax (Rs.)	Surcharge on Income Tax (If TI > Rs.60,000) (Rs.)
Less than 50,000	Nil	Nil
50,000 to 60,000	(TI – 50,000) * 10%	5%
60,000 to 1,50,000	1,000 + (TI – 60,000) * 20%	5%
Greater than 1,50,000	19,000 + (TI – 1,50,000) * 30%	5%

Income Tax Rates/Slabs for A.Y. (2002-03)

Slab (Rs.)	Tax (Rs.)	Surcharge on Income Tax (If TI > Rs.60,000)
Less than 50,000	Nil	Nil
50,000 to 60,000	(TI – 50,000) * 10%	2%
60,000 to 1,50,000	1,000 + (TI – 60,000) * 20%	2%
Greater than 1,50,000	19,000 + (TI – 1,50,000) * 30%	2%

Income Tax Rates/Slabs for A.Y. (2001-02)

Slab (Rs.)	Tax (Rs.)	Surcharge TI > 60,000	Surcharge TI > 1,50,000
Less than 50,000	Nil	Nil	Nil
50,000 to 60,000	(TI – 50,000) * 10%	12%	17%
60,000 to 1,50,000	1,000 + (TI – 60,000) * 20%	12%	17%
Greater than 1,50,000	19,000 + (TI – 1,50,000) * 30%	12%	17%