06.07.2009 APPLICABLE FOR FY 2009-10 INDIVIDUAL AGE<65 ,MALE UPTO 160000 NIL 160001-300000 10.00% 300001-500000 20.00% MORE THAN 500000 30.00% INDIVIDUAL AGE<65 ,FEMALE UPTO 190000 NIL 190001-300000 10.00% 300001-500000 20.00% MORE THAN 500000 30.00% RESIDENT SENIOR CITIZEN UPTO 240000 NIL 240001-300000 10.00% 300001-500000 20.00% MORE THAN 500000 30.00% SURCHARGE ON INCOME ABOVE 10 LAKH HAS ALSO BEEN ABOLISHED http://www.simpletaxindia.org/