Author Topic: Budget-2012 - Income Tax Slab for FY 2012-13 /Assessment Year 2013-14  (Read 3868 times)

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komal

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The Individual Income Tax Slabs for Financial Year 2012-13 and Assessment Year 2013-14

Income upto `2 lakh Nil
Income above `2 lakh and upto `5 lakh 10 per cent
Income above `5 lakh and upto `10 lakh 20 per cent
Income above `10 lakh 30 per cent

Income Tax Slabs for For Women for FY 2012-13 /Assessment Year 2013-14
Up to Rs 2,00,000   NIL             
Rs 2,00,001 to Rs 5,00,000 10%
Rs 5,00,001 to Rs 10,00,000 20%
Rs 10,00,001 and above   30%

For Senior Citizens of 60 years but less than 80 years - for FY 2012-13 /Assessment Year 2013-14
Up to Rs 2,50,000   NIL             NIL
Rs 2,50,001 to Rs 5,00,000 10%
Rs 5,00,001 to Rs 10,00,000 20%
Rs 10,00,001 and above   30%