Income duty rate for femal for the assessment year 2007-08?
Answers:
First of adjectives be sure what are you asking.Its Female not Femal.
Tax rate is as follows
For individuals resident woman {not individual a senior citizen (who is of 65 years or more at anytime during the previous year)}
Net income variety income rates rate
Upto 145000 nil
145000 to 150000 10% of (TI-145000) + 3% childhood cess
150000 to 250000 500+20% of (TI-150000) +3% schooling cess
250000 to 1000000 20500+30% of (TI- 250000) +3% education
cess
above 1000000 245500+30%of (TI-1000000) +10% of income toll Surcharge + 3% of income tariff and surcharge
For resident senior citizen [Male/female] (who is of 65 years or more at anytime during the previous year)
upto 195000 nil
195001 to 250000 20% of (TI-195000)+3% edu cess
250001 to 1000000 11000+30% of (TI- 250000)+3% edu cess
above 1000000 236000+30% of (TI- 1000000)+10% sc
+3% edu cess
For any other individual, every HUF/AOP/BOI/Artificial juridical person
upto 110000 nil
110000 to 150000 10%of (TI - 110000)+3% ec
150001 to 250000 4000+20% of (TI-150000)+3% ec
250001 to 1000000 24000+30% of(TI- 250000)+3%ec
above 1000000 249000+30% of (TI-1000000)+10% sc+3%ec
* ec Education Cess
* sc Surcharge
* TI Toal Income