Personal Income Tax Update on Budget 2008/09
- New Personal Income Tax Slabs Exemption till 1.5 lakhs
- 1.50 to 3 lakhs 10%
- 3lakhs-5lakhs 20%
- 5lakhs - 30%.
woman 1.45->1.80lakhs new threshold limit.
senior citizen 1.95- 2.25 lakshs new threshold limit.
4000 rupees gain for every tax payer. Check the image for sample tax calculation
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