Tuesday, July 19, 2011

Income Tax Rates/Slabs for Finicial Yer 2011-12 or A.Y 2012-13

Income Tax Rates/Slabs for Finicial Yer 2011-12 or A.Y 2012-13

Slab (Rs.) Tax (Rs.)
less than 1,80,000 Nil
1,80,000 to 5,00,000 10%
5,00,001 to 8,00,000 20%
Greater than 8,00,000 30%


Women aged 60 years or less

Slab (Rs.) Tax (Rs.)
less than 1,90,000 Nil
1,90,001 to 5,00,000 10%
5,00,001to 8,00,000 20%
Greater than 8,00,000 30%


Senior Citizens (Individuals aged above 60 years)

Slab (Rs.) Tax (Rs.)
less than 2,50,000 Nil
2,50,001 to 5,00,000 10%
5,00,001 to 8,00,000 20%
Greater than 8,00,000 30%


For Individual, Age More than 80 Years (Super Citizen)

Slab (Rs.) Tax (Rs.)
less than 5,00,000 Nil
5,00,001 to 8,00,000 20%
Greater than 8,00,000 30%


Regards
G.Srinivas

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