INCOME TAX SLAB RATE FOR ASSESSMENT YEAR 2012 - 13 OR FINANCIAL YEAR 2011-12 (Domestic Company)
Income-tax: 30% of total income.
Eg. 1) Income of assessment year 2012-13. Rs. 1000
Income-tax(Including surcharge,EC & SHEC) on Rs. 1,000
is Rs. 300.00
Surcharge Rs. 0.00 Education Cess Rs. 6.00 Secondary and Higher Education Cess Rs. 3.00
Surcharge Rs. 0.00 Education Cess Rs. 6.00 Secondary and Higher Education Cess Rs. 3.00
Eg. 2) Income of assessment year 2012-13. Rs. 19000
Income-tax(Including surcharge,EC & SHEC) on Rs. 190,000
is Rs. 57,000.00
Surcharge Rs. 0.00 Education Cess Rs. 1,140.00 Secondary and
Higher Education Cess Rs. 570.00
Eg. 3) Income of assessment year 2012-13. Rs. 300000
Income-tax(Including surcharge,EC & SHEC) on Rs. 300,000
is Rs. 90,000.00
Surcharge Rs. 0.00 Education Cess Rs. 1,800.00 Secondary and
Higher Education Cess Rs. 900.00
0 comments:
Post a Comment