2009_10 fy

INCOME TAX CALCULATOR FOR INDIVIDUAL AND HUF

THE CALCULATOR AFTER BUDGET 06.07.2009
(F.YEAR 2009-10)Fill only one yellow cell
NET TAXABLE INCOME FOR F.YEAR 2009-10 500000
R.OFF TO MULTIPLE OF 10 500000
SIMPLE TAX INDIA
MALE<65 & FEMALE SR. CITI
TAX DETAILS HUF <65 AGE >65
BASIC TAX DUE 54000 51000 46000
SURCHARGE 0 0 0
CESS 1620 1530 1380
TAX DUE AFTER BUDGET 55620 52530 47380
TAX DUE BEFORE BUDGET 56650 53560 48925
SAVING FROM BUDGET 1030 1030 1545
SEE DETAILS IN CASE-1 CASE-2 CASE-3

TAX LIBILITY IF YOU ARE MALE AND AGE<65(CASE-1) & HUF

SLABS RATE AMOUNT TAX DUE
(A) (B) (A)*(B)
UPTO 160000 NIL
160001-300000 10% 140000 14000
300001-500000 20% 200000 40000
MORE THAN 500000 30% 0 0
BASIC TAX 54000
SURCHARGE ABOLISHED 0
TOTAL(BASIC+SURCHARGE) 54000
ADD:E.CESS(2%) AND SHC(1%) 1620
TOTAL TAX DUE(R.OFF IN RS) 55620

TAX LIBILITY IF YOU ARE FEMALE AND AGE<65(CASE-2)

Page 1
 2009_10 fy

SLABS RATE AMOUNT TAX DUE

(A) (B) (A)*(B)
UPTO 190000 NIL
190001-300000 10% 110000 11000
300001-500000 20% 200000 40000
MORE THAN 500000 30% 0 0
BASIC TAX 51000
SURCHARGE ABOLISHED 0
TOTAL(BASIC+SURCHARGE) 51000
ADD:E.CESS(2%) AND SHC(1%) 1530
TOTAL TAX DUE(R.OFF IN RS) 52530

TAX LIBILITY IF YOUR AGE<65 IN FY 2008-09(CASE-3)

SLABS RATE AMOUNT TAX DUE
(A) (B) (A)*(B)
UPTO 240000 NIL
240001-300000 10% 60000 6000
300001-500000 20% 200000 40000
MORE THAN 500000 30% 0 0
BASIC TAX 46000
SURCHARGE ABOLISHED 0
TOTAL(BASIC+SURCHARGE) 46000
ADD:E.CESS(2%) AND SHC(1%) 1380
TOTAL TAX DUE(R.OFF IN RS) 47380

Page 2
 FY 2008_09

INCOME TAX CALCULATOR FOR INDIVIDUAL AND HUF

NET TAXABLE INCOME FOR F.YEAR 2008-09 500000
R.OFF TO MULTIPLE OF 10 500000
SIMPLE TAX INDIA
MALE<65 & FEMALE SR. CITI
TAX DETAILS HUF <65 AGE >65
BASIC TAX DUE 55000 52000 47500
SURCHARGE 0 0 0
CESS 1650 1560 1425
TOTAL TAX DUE 56650 53560 48925
SEE DETAILS IN CASE-1 CASE-2 CASE-3

TAX LIBILITY IF YOU ARE MALE AND AGE<65(CASE-1) & HUF

SLABS RATE AMOUNT TAX DUE
(A) (B) (A)*(B)
UPTO 150000 NIL
150001-300000 10% 150000 15000
300001-500000 20% 200000 40000
MORE THAN 500000 30% 0 0
BASIC TAX 55000
SURCHARGE:10% IF INCOME>1000000 0
TOTAL(BASIC+SURCHARGE) 55000
ADD:E.CESS(2%) AND SHC(1%) 1650
TOTAL TAX DUE(R.OFF IN RS) 56650

TAX LIBILITY IF YOU ARE FEMALE AND AGE<65(CASE-2)

SLABS RATE AMOUNT TAX DUE
(A) (B) (A)*(B)
UPTO 180000 NIL

Page 1
 FY 2008_09

180001-300000 10% 120000 12000

300001-500000 20% 200000 40000
MORE THAN 500000 30% 0 0
BASIC TAX 52000
SURCHARGE:10% IF INCOME>1000000 0
TOTAL(BASIC+SURCHARGE) 52000
ADD:E.CESS(2%) AND SHC(1%) 1560
TOTAL TAX DUE(R.OFF IN RS) 53560

TAX LIBILITY IF YOUR AGE<65 IN FY 2008-09(CASE-3)

SLABS RATE AMOUNT TAX DUE
(A) (B) (A)*(B)
UPTO 225000 NIL
225001-300000 10% 75000 7500
300001-500000 20% 200000 40000
MORE THAN 500000 30% 0 0
BASIC TAX 47500
SURCHARGE:10% IF INCOME>1000000 0
TOTAL(BASIC+SURCHARGE) 47500
ADD:E.CESS(2%) AND SHC(1%) 1425
TOTAL TAX DUE(R.OFF IN RS) 48925

Page 2