Tax Table for Individuals

Tax Rates Applicable to Individuals, HUFs and AOPs

	Taxable Income Range						Long term capital gains
	Upto Rs 60000		Rs 60001 to Rs 150 000		Above Rs 150000		From listed Securities		From Others
	%	%	%	%	%	%	%	%	%	%
	Asst 2000-01	Asst 2001-02	Asst 2000-01	Asst 2001-02	Asst 2000-01	Asst 2001-02	Asst 2000-01	Asst 2001-02	Asst 2000-01	Asst 2001-02
Slab rate	10	10	20	20	30	30	10	10	20	20
10% Surcharge translates to	1	1	2	2	3		1	1	2	2
15% SC for income above Rs 1.50 lakhs translates to		1.50		3		4.50		1.50		3
Effective Slab Rates for assessees having income:
Up to Rs 150 000	11	11	22	22
Above Rs 150 000	11	11.50	22	23	33	34.5	11	11.5	22	23
Gains from Winning from Lotteries, crossword puzzles and winning from horse races would suffer tax at 40% plus Surcharge.

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