Changes in Tax rates in Budget 2011

CHANGES IN RATES OF INCOME TAX In case of Resident Individual (Below 60 years of age) & HUF              Income Level                                              Tax Rate (%) Upto Rs. 1,80,000/-                                                  Nil Rs. 1,80.001/- to Rs. 5,00,000/-                        10% Rs. 5,00,001/- to Rs. 8,00,000/-                         20% Above Rs. 8,00,000/-                                                30% In case of […]