Income Tax Rates - India 2011-12

Income Tax rates often confuses those people who want to pay it . Most of them are are confused to current tax rates/slabs . Following are the rates for the year 2011-12 and 2010-2011:

Income Tax Rates/Slabs for A.Y. (2011-12)

Slab (Rs.)	Tax (Rs.)
less than 1,60,000	Nil
1,60,000 to 5,00,000	(TI – 1,60,000) * 10%
5,00,000 to 8,00,000	34,000 + (TI – 5,00,000) * 20%
Greater than 8,00,000	94,000 + (TI – 8,00,000) * 30%

Women aged 65 years or less

Slab (Rs.)	Tax (Rs.)
less than 1,90,000	Nil
1,90,000 to 5,00,000	(TI – 1,90,000) * 10%
5,00,000 to 8,00,000	31,000 + (TI – 5,00,000) * 20%
Greater than 8,00,000	91,000 + (TI – 8,00,000) * 30%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.)	Tax (Rs.)
less than 2,40,000	Nil
2,40,000 to 5,00,000	(TI – 2,40,000) * 10%
5,00,000 to 8,00,000	26,000 + (TI – 5,00,000) * 20%
Greater than 8,00,000	86,000 + (TI – 8,00,000) * 30%

Income Tax Rates/Slabs for A.Y. (2010-11)

Slab (Rs.)	Tax (Rs.)
less than 1,60,000	Nil
1,60,000 to 3,00,000	(TI – 1,60,000) * 10%
3,00,000 to 5,00,000	14,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000	54,000 + (TI – 5,00,000) * 30%

Women aged 65 years or less

Slab (Rs.)	Tax (Rs.)
less than 1,90,000	Nil
1,90,000 to 3,00,000	(TI – 1,90,000) * 10%
3,00,000 to 5,00,000	11,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000	51,000 + (TI – 5,00,000) * 30%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.)	Tax (Rs.)
less than 2,40,000	Nil
2,40,000 to 3,00,000	(TI – 2,40,000) * 10%
3,00,000 to 5,00,000	6,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000	46,000 + (TI – 5,00,000) * 30%

India Bank - 850 PO Jobs : Apply Online

Indian Bank, a Public Sector Bank is recruiting Probationary Officers. The number of total post is 850.

Posts: 850 (Schedule Caste- 128, (Schedule Tribe-64, Other Backward Caste-230, Unreserved- 428)

Eligibility-

Graduation in any stream(Second Class with 55% aggregate marks / equivalent CGPA) as on 1st October 2010.

Proficiency in appropriate computer skills / working knowledge of application packages used in office

Age requirement: 30 years as on 1st July 2010. Relaxation in age for SC/ST/OBC candidates.

Application Process:

Candidates are supposed to submit online form to apply for this post.Online registration will start from 12th October 2010. The last date of submitting the form is 11th November 2010. The tentative date of exam is 2nd January 2011.

To see the completed information and to apply online visit http://www.indianbank.in/career.php

Elimination in Big Boss 4

To make the reality show Big Boss Season 4 more interesting , the creative team of the Big Boss 4 has experimented a lot this time. One that shocked everyone was the 1st elimination of Big Boss season 4. The very first elimination took place on the very first day of the Big Boss 4. According to the vote Devender Singh alias Bunty the thief was supposed to exit ,but at this point Big Boss played an interesting drama and Bunty was declared the captain of the house.

However, captain Bunty did not followed the rule of Big Boss so the award given to him of Captained was taken back and was nominated by Big Boss as a candidate who would be vote out for elimination next week.

This action of Big Boss made Bunty very angry and he started using abusive language and demanded to open the exit door for leaving the show.

Big Boss asked him to come in the confession room number of times, but he did not go there and repeatedly used abusive language. Other roommates tried to calm him, but nothing was of any use. At last Big Boss was compelled to open the door of Big Boss, thus Bunty desire was fulfilled and he left the show.

His exit from the show, clearly shows that it is still difficult to mingle those people with criminal background with normal citizens. Seeing the trend it would be interesting to see the next elimination , it can be Seema , the bandit from UP who is selected by roommates for next elimination or someone else. As Bunty has left the show, so who would be next member with Seema to be on the seat of elimination next week is not clear . On the other hand Seema , who is nominated by the house mates for next elimination is very calm , which shows her maturity and her inclination to mingle with the normal world.

CPCL Recruitment - Technicians

CPCL,Chennai Petroleum Corporation Limited has invited applications to fill up the post of Technicians (Mechanical) in Refinery.
Brief Details:
Refinery Technicians (Mechanical)
No. of Posts - 7 posts
Qualification : 1st Class Diploma in Mechanical Engineering (55% for SC candidates)
Age Limit : 30 years
Payment : Rs.9000/- during training period and after training will be posted in the pay scale of Rs.5800-11100/-
Closing date for submission of application: 14/10/2010
Fees: DD for 200/-
To get the complete detail like interview schedules, documents, application procedure, etc are available on the official website http://www.cpcl.co.in/career2.htm. The last date of sending the applications is 14th October, 2010.

ASI CISF Result Declared :SSC

Staff Selection Commission has declared the result of Assistant Sub Inspectors which was conducted on 29th August 2010. Candidates who appeared in this exam are advised to visit the official website of Staff Selection Commission to know their result. The link of the site is http://sscresults.nic.in/

Allahabad Bank - IT , Hindi Officer, Manager Law Recruitment 2010

Allahabad Bank has invited applications from eligible candidates to fill up the following posts :
1. Information Technology Officer in JMG (Scale-1).
Total Number of Posts: 75
Age: 21 to 30 years on 1st July 2010.
2. Hindi Officer (Official Language Officer).
Total Number of Posts: 6
Age: 21 to 30 years on 1st July 2010.
3. Manager (Law) in MMG (Scale II)
Age: Maximum 35 years on 1st July 2010.
Application Process: Interested Candidates can apply online by visiting the official website of Allahabad Bank (www.allahabadbank.com)
To know the complete information please visit the website of Allahabad Bank.
The Application should reach before 4th October 2010. The tentative date of written test 5th December 2010.

HAL Jobs :Engineer, Manager

Hindustan Aeronautics Limited has invited applications from the professionals who are proficient in one of the following stream:
1. Design
2. IMM / Planning
3. Projects/Quality
4. IT
5. Finance
6. HR
Interested candidates can apply ONLINE on the HAL Website www.hal-india.com between 1000 hrs on 28.09.2010 and 2400 hrs on 23.10.2010. The complete information relate to age, posts, experience, qualification, etc is available on the official website of HAL.