Sunday, September 18, 2011

Income tax rate for the financial year 2011-12 (Income tax of Co-operative society for the financial year 2011-12) (Income tax rate of partnership firm for the financial year 2011-12) (Income tax rate of Local authority for the financial year 2011-12) (Individual , being a resident in india , who is of the age of eighty years or more at any time during previous year more but less than eighty years) (Every individual being resident in india , who is of the age of sixty years or more but less than eighty years) (Every individual being a women resident in india and below the age of sixy years at any time during the previous year) (Income tax rate for individual ,Hindu undivided family or association of persons or body of individuals )

Income tax rate for individual ,Hindu undivided family or association of persons or body of individuals ,

Income tax slab Rate of income tax
1 Income up to Rs 180000 Nil
2 Rs 180000 to 500000 10 % of the amount after  Rs 180000
3 Rs 500000 to Rs 800000 Rs 32000+20 % on the amount  after Rs 500000
4 800000 and above Rs 92000+30 % on the amont after Rs 800000

Every individual being a women resident in india and below the age of sixy years at any time during the previous year

Income tax slab Rate of income tax
1 Income up to Rs 190000 Nil
2 Rs 190000 to 500000 10 % of the amount after  Rs 190000
3 Rs 500000 to Rs 800000 Rs 31000+20 % on the amount  after Rs 500000
4 800000 and above Rs 91000+30 % on the amont after Rs 800000

Every individual being resident in india , who is of the age of sixty years or more but less than eighty years

Income tax slab Rate of income tax
1 Income up to Rs 250000 Nil
2 Rs 250000 to 500000 10 % of the amount after  Rs 250000
3 Rs 500000 to Rs 800000 Rs 25000+20 % on the amount  after Rs 500000
4 800000 and above Rs 85000+30 % on the amont after Rs 800000

Individual , being a resident in india , who is of the age of eighty years or more at any time during previous year

more but less than eighty years

Income tax slab Rate of income tax
1 Income up to Rs 500000 Nil
3 Rs 500000 to Rs 800000 20 % on the amount  after Rs 500000
4 800000 and above Rs 60000+30 % on the amont after Rs 800000

Income tax of Co-operative society for the financial year 2011-12

Income tax slab Rate of income tax
1 Income up Rs 10000 10% of total income
3 Above Rs 10000 to up to Rs 20000 Rs 1000+ 20 %  of income above 10000
4 20000 and above Rs 3000+ 30 %  of income above 20000

Income tax rate of partnership firm for the financial year 2011-12

Income tax slab Rate of income tax
1 On total income 30% on total income

Income tax rate of Local authority for the financial year 2011-12

Income tax slab Rate of income tax
1 On total income 30% on total income

0 comments:

Post a Comment

Copyright © 2015 Accounting & Taxation All Right Reserved
Subscribe by Email Get Free Updates
Don't Forget To Join US Our Community
×
blogger