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Budget 2011 Tax Structure

For Men:

 Rs. 1,00,000 to Rs. 1,80,000 – NO TAX


 Rs. 1,80,001 to Rs. 5,00,000 – 10 percent
 Rs. 5,00,001 to Rs. 8,00,000 – 20 percent
 Rs. 8,00,001 and above – 30 percent

For Women:

 Rs. 1,00,000 to Rs. 1,90,000 – NO TAX


 Rs. 1,90,001 to Rs. 5,00,000 – 10 percent
 Rs. 5,00,001 to Rs. 8,00,000 – 20 percent
 Rs. 8,00,001 and above – 30 percent

For senior citizen (age between 60 to 80 years):

 Rs. 1,00,000 to Rs. 2,50,000 – NO TAX


 Rs. 2,50,001 to Rs. 5,00,000 – 10 percent
 Rs. 5,00,001 to Rs. 8,00,000 – 20 percent
 Rs. 8,00,001 and above – 30 percent

For senior citizen (81 years and above):

 Rs. 1,00,000 to Rs. 5,00,000 – NO TAX


 Rs. 5,00,001 to Rs. 8,00,000 – 20 percent
 Rs. 8,00,001 and above – 30 percent

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