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Feb 26, 2010, 03.30 PM IST

Good health for senior citizens this Budget

Are you a senior citizen? Find out how the tax affects you.

Source: Moneycontrol.com
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Good health for senior citizens this Budget
Find out all about the budget and how it affects your pocket. Here's how the Budget impacts senior citizens




Measure: New tax slab for senior citizens 

Taxable income (in Rs) Rate (%)
Up to 240,000 Nil
240,001 - 500,000 10
500,001 - 800,000 20
800,001 upwards 30*


 







Impact:



Taxable income (Rs) Tax before budget Tax after budget Saving
(Rs) (Rs) (Rs)
200000 0 0 0
500000 47379 26000 21379
1000000 201879 150379 51500
1200000 263679 212179 51500
1500000 356379 304879 51500
2000000 510879 459379 51500
2500000 665379 613879 51500
4000000 1128879 1077379 51500














Measures and imapcts
Measure: Uniform, concessional 5% duty on all medical appliances
Impact: Cheers to good health

Next page: Previous tax slabs

1 2

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