Income tax 2012-2013 slab India

Saturday 26 January 2013


The latest income tax slab to calculate your tax for Year 2012-2013 based on budget 2012 budget.

Tax exemption limit raised to Rs 2 lakhs and tax rates has changed for other slabs too.


FOR GENERAL TAX PAYERS

Income tax slab (in INR)

Tax (%)

0 to 2,00,000

No tax

2,00,001 to 5,00,000

10%

5,00,001 to 10,00,000

20%

Above 10,00,000

30%


FOR FEMALE TAX PAYERS


Income tax slab (in INR)

Tax (%)

0 to 2,00,000

No tax

2,00,001 to 5,00,000

10%

5,00,001 to 10,00,000

20%

Above 10,00,000

30%


FOR SENIOR CITIZENS (AGED 60 YEARS BUT LESS THAN 80 YEARS)

Income tax slab (in INR)

Tax (%)

0 to 2,50,000

No tax

2,50,001 to 5,00,000

10%

5,00,001 to 10,00,000

20%

Above 10,00,000

30%


FOR VERY SENIOR CITIZENS (AGED 80 YEARS AND ABOVE)


Income tax slab (in INR)

Tax (%)

0 to 5,00,000

No tax

5,00,001 to 10,00,000

20%

Above 10,00,000

30%

1 comments:

Unknown said...

Great information. I was searching that kind of information finally i got from this post. Every year tax rate has been changed and individual look Income Tax Slab to calculate tax. Through this post i easily look in which slab my income is lying and what amount of tax will charge.

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