<figure class="wp-block-table"><table><tbody><tr><td>Income</td><td>&#8211;</td><td>Slabs</td><td>Tax Rates</td></tr><tr><td>Individual &; HUF below age of 65 years</td><td>Women below age of 65 years</td><td>Individual above age of 65 years</td><td> ;</td></tr><tr><td>Income upto Rs.1,60,000</td><td>Income upto Rs.1,90,000</td><td>Income upto Rs.2,40,000</td><td>Nil</td></tr><tr><td>Rs.1,60,001- Rs. 5,00,000</td><td>Rs.1,90,001-Rs.5,00,000</td><td>Rs.2,40,001-Rs.5,00,000</td><td>10%</td></tr><tr><td>Rs. 5,00,001- Rs.8,00,000</td><td>Rs. 5,00,001- Rs.8,00,000</td><td>Rs. 5,00,001- Rs.8,00,000</td><td>20%</td></tr><tr><td>Above Rs.8,00,001</td><td>Above Rs.8,00,001</td><td>Above Rs.8,00,001</td><td>30%</td></tr></tbody></table></figure>



<p><strong>Income tax rates for assessment year 2011-2012 (Financial year 2010-2011)</strong></p>



<p><strong>Education Cess:</strong> An additional surcharge called &#8220;Education cess&#8221; at the rate of 2% on the amount of income tax and surcharge (if any) in all cases shall be levied.</p>



<p><strong>Secondary and higher:</strong> An additional surcharge, called the &#8220;Secondary and Higher education cess on income tax at the rate of 1% of income tax and surcharge ( Not including the education cess on income tax) in all cases shall be levied.</p>

This post was last modified on March 22, 2021
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