Personal Income Tax Slabs for FY11

With the beginning of the new financial year 2010-11, the tax slabs have been raised for both male and female as below.

Taxable Income	FY 2009-10			FY 2010-11
	From	To	Tax Rate (%)	From	To	Tax Rate (%)
Male	0	160,000	0	0	160,000	0
	160,001	300,000	10	160,001	500,000	10
	300,001	500,000	20	500,001	800,000	20
	500,001	onwards	30	800,001	onwards	30
Female	0	190,000	0	0	190,000	0
	190,001	300,000	10	190,001	500,000	10
	300,001	500,000	20	500,001	800,000	20
	500,000	onwards	30	800,001	onwards	30
Senior Citizen	0	240,000	0	0	240,000	0
	240,001	300,000	10	240,001	500,000	10
	300,001	500,000	20	500,001	800,000	20
	500,000	onwards	30	800,001	onwards	30

Note: Education cess @ 3% and 10% surcharge on the income above Rs10 lakh

Below's the savings between FY10 and FY11 tax slabs

	Male			Female
Taxable Income (Rs)	Pre-Budget (Rs)	Post-Budget (Rs)	Savings   (Rs)	Pre-Budget (Rs)	Post-Budget (Rs)	Savings   (Rs)
2,00,000	4,120	4,120	0	1,030	1,030	0
3,00,000	14,420	14,420	0	14,420	14,420	0
5,00,000	55,620	35020	20,600	52,530	31,930	20,600
8,00,000	1,48,320	96,820	51,500	1,45,229	93,730	51,500
9,00,000	1,79,219	1,27,719	51,500	1,76,129	1,24,629	51,500
11,00,000	2,65,121	2,08,471	56,650	2,61,722	2,05,072	56,650
12,00,000	2,99,111	2,42,461	56,650	2,95,712	2,39,062	56,650
15,00,000	4,01,081	3,44,431	56,650	3,97,682	3,41,032	56,650
20,00,000	5,71,031	5,14,381	56,650	5,67,632	5,10,982	56,650