Income Tax Slab for Male & Female & Senior Citizen

For Males For Year 2008-2009
Taxable Annual Income Slab (In Rs.) Tax Rate (In %)
Upto Rs. 1,50,000/- Nil
Rs. 1,50,001/- to Rs. 3,00,000/- 10%
Rs. 3,00,001/- to Rs. 5,00,000 20%
Above Rs. 5,00,000/- 30%

For Females For Year 2008-2009
Taxable Annual Income Slab (In Rs.) Tax Rate (In %)
Upto Rs. 1,80,000/- Nil
Rs. 1,80,001/- to Rs. 3,00,000/- 10%
Rs. 3,00,001/- to Rs. 5,00,000/- 20%
Above Rs. 5,00,000/- 30%

For Senior Citizen For Year 2008-2009
Taxable Annual Income Slab (In Rs.) Tax Rate (In %)
Upto Rs. 2,25,000/- Nil
Rs. 2,25,001/- to Rs. 3,00,000/- 10%
Rs. 3,00,001/- to Rs. 5,00,000 20%
Above Rs. 5,00,000/- 30%