Income Tax Slab for Financial Year 2012-13 | ||||||
Assessment Year 2013-14 | ||||||
Tax | Man | Women | Senior Citizen | |||
Rate | (In Rupees) | (In Rupees) | (In Rupees) | |||
1 | 0.00% | Upto 2,00,000 | Upto 2,00,000 | Upto 2,50,000 | ||
2 | 10.00% | 2,00,001 to 5,00,000 | 2,00,001 to 5,00,000 | 2,50,001 to 5,00,000 | ||
3 | 20.00% | 5,00,001 to 10,00,000 | 5,00,001 to 10,00,000 | 5,00,001 to 10,00,000 | ||
4 | 30.00% | Above 10,00,000 | Above 10,00,000 | Above 10,00,000 | ||
Note :- 1) Surcharge is Nil and 3% Cess will be charged on Above Tax | ||||||
2) Age of Senior Citizen is = 65 Years | ||||||
3) Corporate Tax will be 30% and surcharge and cess will be Nil. | ||||||
4) Befnefit of Rs. 1.50 Lakh for Interest on Housing Loan will be continued | ||||||
Above Tax Slab will be applicable w.e.f. 01.04.2012
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