Wednesday, April 13, 2011

Income Tax Slabs for Financial Year 2011-12 i.e. Assessment Year 2012-13



Income Tax Slab for Financial Year 2011-12
Assessment Year 2012-13

Tax
Man
Women
Senior Citizen
Senior Citizen




Age =>60 and < 80
Age => 80

Rate
(In Rupees)
(In Rupees)
(In Rupees)
(In Rupees)
1
0.00%
Upto 1,80,000
Upto 1,90,000
Upto 2,50,000
Upto 5,00,000
2
10.00%
1,80,001 to 5,00,000
1,90,001 to 5,00,000
2,50,001 to 5,00,000

3
20.00%
5,00,001 to 8,00,000
5,00,001 to 8,00,000
5,00,001 to 8,00,000
5,00,001 to 8,00,000
4
30.00%
Above 8,00,000
Above 8,00,000
Above 8,00,000
Above 8,00,000

Income Tax Slab for Financial Year 2011-12
Assessment Year 2012-13

Note :- 1) Surcharge is Nil and 3% Cess will be charged on Above Tax
             2) Age of Senior Citizen is = 60 Years