February 26, 2010 / 7:14 AM / 7 years ago

Govt raises personal income tax slabs

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.Vijay Mathur

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

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