 |
|
|
| Tax Slabs |
Apart from fulfilling its customary role in protection, life insurance is one of the most popular tools for savings, investment and tax planning. For financial year 2009-10, the following income tax rates will be applicable to individuals:
| Assessment Year 2010-11(F Y 2009-10): |
|
| Total Income |
RATE OF TAX |
| For Male below 65 Years |
For Women below
65 yrs |
For Senior Citizens |
| Upto Rs. 1,60,000 |
Nil |
Nil |
Nil |
| Rs. 1,60,001 to
Rs. 1,90,000 |
10% |
Nil |
Nil |
|
Rs. 1,90,001 to
Rs. 2,40,000 |
10% |
10% |
Nil |
| Rs 2,40,001 to
Rs. 3,00,000 |
10% |
10% |
10% |
| Rs. 3,00,001 to
Rs. 5,00,000 |
20% |
20% |
20% |
| Above Rs. 5,00,000 |
30% |
30% |
30% |
|
| Please note that a surcharge of 10 per cent of the total tax liability is applicable where the total income exceeds Rs 1,000,000. |
| Education Cess on Income Tax |
| Education Cess @ 3% will be payable on the amount of income tax (including surcharge). |
| Disclaimer - "Above is a broad understanding of the Income Tax Provisions and is subject to changes in the tax laws. Therefore the same is not specific advise in regard to your personal tax and investment matters. Kindly contact your tax consultant for exact calculation of your tax liabilities". |
|
|
|
|
| Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum |
Learn more about Whole Life Par...>> |
| |
| |
|
|
|
|
|
 |
 |
MEMBER LOGIN... |
 |
|
 |
 |
|
Presenting on-line access to your insurance policy. Enjoy a host of benefits, generate statements, view policy details, pay on-line, log a request and much more…!
|
 |
 |
|
Login to your agent portal to generate statements, view policy details, product news, policy servicing and much more…!
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
|
|
|
|