Govt raises personal income tax slabs

MUMBAI Fri Feb 26, 2010 12:30pm IST

Finance Minister Pranab Mukherjee smiles as he leaves his office to present the federal budget 2010/11 in New Delhi in this February 2010 file photo. REUTERS/Vijay Mathur

Finance Minister Pranab Mukherjee smiles as he leaves his office to present the federal budget 2010/11 in New Delhi in this February 2010 file photo.

Credit: Reuters/Vijay Mathur

Related Topics

MUMBAI (Reuters) - Finance Minister Pranab Mukherjee in his budget speech on Friday raised personal income tax slabs. Details are as follows:

Up to 160,000 rupees: Nil

160,000 rupees to 500,000 rupees: 10 percent

500,000 rupees to 800,000 rupees: 20 percent

More than 800,000 rupees: 30 percent

For full coverage of India Budget 2010 click here

(Reporting by Nishant Kumar; editing by Prem Udayabhanu)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Market Eye

REUTERS SHOWCASE

Climate Change

Climate Change

Climate change to cut South Asia's growth 9 percent by 2100 - ADB.  Full Article 

Ballmer Exits

Ballmer Exits

Ex-CEO Ballmer quits Microsoft board to focus on NBA's Clippers  Full Article 

Brent Prices

Brent Prices

Brent holds near 14-month low on plentiful supply.  Full Article 

A Man's World

A Man's World

Despite lip service, Silicon Valley venture capital still a man’s world.  Full Article 

Needless Spending

Needless Spending

Exclusive - Icahn says Family Dollar wasting over $300 mln in breakup fees .  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage