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Wednesday, 18 April 2012

New tax slab for 2012-2013

                               


Individuals
Ø  Upto Rs 2,00000                                 à  Nil
Ø  Rs 200001- Upto Rs 500000               à  10%
Ø  Rs 500000- Upto Rs 1000000             à  20%
Ø  Above Rs 1000000                               à  30%



Women
Ø  Deduction of Rs 1030/- from various slabs of Individuals

Senior Citizen (Age in between 60-80)
Ø  Upto Rs 250000                                       à Nil
Ø  2500001-Rs 5,00,000                               à 10%
Ø  5,00,001-RS 10,000,00                             à 20%
Ø  Above 10,000,001                                      à 30%

Senior Citizen (Age above 80)
Ø  Upto Rs 500,000                                        à Nil
Ø  5,00,001-RS 10,000,00                              à 20%
Ø  Above 10,000,001                                       à 30%

                                                                                       
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