### Income Tax Provisions for the Financial Year ending 31st March 2009 .......

####Income Tax Provisions for the Financial Year ending 31st March 2009 ........

For any individuals:

Total Income Range
Tax Rates
Surcharge
Education Cess (% of I.T)
Secondary and Higher Education Cess

Upto Rs.1,50,000/-
Nil
Nil
Nil
Nil

Rs.1,50,001-Rs. 3,00,000
10% of the amount by which the total Income exceeds Rs.1,50,000
Nil
2%
1%

Rs.3,00,001-Rs. 5,00,000
Rs.15,000 + 20%of amount by which the total Income exceeds Rs.3,00,000
Nil
2%
1%

Above Rs. 5,00,000
Rs.55,000 + 30% of amount by which the total Income exceeds Rs.5,00,000
Nil
2%
1%