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Income Tax Rates Slabs From A.Y 2001-02 to A.Y 2013-14


 

 

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

 

Income Tax Slab for Financial Year 2011-12

Assessment Year 2012-13

 

Tax

Man

Women

Senior Citizen

Senior Citizen

 

 

 

 

Age =>60 and < 80

Age => 80

 

Rate

(In Rupees)

(In Rupees)

(In Rupees)

(In Rupees)

1

0.00%

Upto 1,80,000

Upto 1,90,000

Upto 2,50,000

Upto 5,00,000

2

10.00%

1,80,001 to 5,00,000

1,90,001 to 5,00,000

2,50,001 to 5,00,000

 

3

20.00%

5,00,001 to 8,00,000

5,00,001 to 8,00,000

5,00,001 to 8,00,000

5,00,001 to 8,00,000

4

30.00%

Above 8,00,000

Above 8,00,000

Above 8,00,000

Above 8,00,000

Income Tax Slab for Financial Year 2011-12

Assessment Year 2012-13

Note :- 1) Surcharge is Nil and 3% Cess will be charged on Above Tax

2) Age of Senior Citizen is = 60 Years

 

Income Tax Rates/Slabs for A.Y. (2011-12)

Slab (Rs.) Tax (Rs.)
less than 1,60,000 Nil
1,60,000 to 5,00,000 (TI – 1,60,000) * 10%
5,00,000 to 8,00,000 34,000 + (TI – 5,00,000) * 20%
Greater than 8,00,000 94,000 + (TI – 8,00,000) * 30%

Women aged 65 years or less

Slab (Rs.) Tax (Rs.)
less than 1,90,000 Nil
1,90,000 to 5,00,000 (TI – 1,90,000) * 10%
5,00,000 to 8,00,000 31,000 + (TI – 5,00,000) * 20%
Greater than 8,00,000 91,000 + (TI – 8,00,000) * 30%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.) Tax (Rs.)
less than 2,40,000 Nil
2,40,000 to 5,00,000 (TI – 2,40,000) * 10%
5,00,000 to 8,00,000 26,000 + (TI – 5,00,000) * 20%
Greater than 8,00,000 86,000 + (TI – 8,00,000) * 30%

Income Tax Rates/Slabs for A.Y. (2010-11)

Slab (Rs.) Tax (Rs.)
less than 1,60,000 Nil
1,60,000 to 3,00,000 (TI – 1,60,000) * 10%
3,00,000 to 5,00,000 14,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000 54,000 + (TI – 5,00,000) * 30%

Women aged 65 years or less

Slab (Rs.) Tax (Rs.)
less than 1,90,000 Nil
1,90,000 to 3,00,000 (TI – 1,90,000) * 10%
3,00,000 to 5,00,000 11,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000 51,000 + (TI – 5,00,000) * 30%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.) Tax (Rs.)
less than 2,40,000 Nil
2,40,000 to 3,00,000 (TI – 2,40,000) * 10%
3,00,000 to 5,00,000 6,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000 46,000 + (TI – 5,00,000) * 30%

Income Tax Rates/Slabs for A.Y. (2009-10)

Slab (Rs.) Tax (Rs.)
less than 1,50,000 Nil
1,50,000 to 3,00,000 (TI – 1,50,000) * 10%
3,00,000 to 5,00,000 15,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000 55,000 + (TI – 5,00,000) * 30%

Women aged 65 years or less

Slab (Rs.) Tax (Rs.)
less than 1,80,000 Nil
1,80,000 to 3,00,000 (TI – 1,80,000) * 10%
3,00,000 to 5,00,000 12,000 + (TI – 3,00,000) * 20%
Greater than 5,00,000 52,000 + (TI – 5,00,000) * 30%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.) Tax (Rs.)
less than 2,25,000 Nil
2,25,000 to 3,00,000 (TI – 2,25,000) * 10%
3,00,000 to 5,00,000 7,500 + (TI – 3,00,000) * 20%
Greater than 5,00,000 47,500 + (TI – 5,00,000) * 30%

Income Tax Rates/Slabs for A.Y. (2008-09)

Slab (Rs.) Tax (Rs.) Surcharge on Income Tax

 

(if TI > Rs. 10 Lakhs)

less than 1,10,000 Nil Nil
1,10,000 to 1,50,000 (TI – 1,10,000) * 10% 10%
1,50,000 to 2,50,000 4,000 + (TI – 1,50,000) * 20% 10%
Greater than 2,50,000 24,000 + (TI – 2,50,000) * 30% 10%

Women aged 65 years or less

Slab (Rs.) Tax (Rs.) Surcharge on Income Tax (if

 

TI > Rs. 10 Lakhs) (Rs.)

less than 1,45,000 Nil Nil
1,45,000 to 1,50,000 (TI – 1,45,000) * 10% 10%
1,50,000 to 2,50,000 500 + (TI – 1,50,000) * 20% 10%
Greater than 2,50,000 20,500 + (TI – 2,50,000) * 30% 10%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.) Tax (Rs.) Surcharge on Income Tax (if

 

TI > Rs. 10 Lakhs) (Rs.)

less than 1,95,000 Nil Nil
1,95,000 to 2,50,000 (TI – 1,95,000) * 20% 10%
Greater than 2,50,000 11,000 + (TI – 2,50,000) * 30% 10%

Education Cess has to be added on Income-tax and Surcharge  @ 2% from AY 2004-05 and 3% from AY 2007-08

Income Tax Rates/Slabs for A.Y. (2006-07 & 2007-08)

Slab (Rs.) Tax (Rs.) Surcharge on Income Tax

 

(if TI > Rs. 10 Lakhs)

less than 1,00,000 Nil Nil
1,00,000 to 1,50,000 (TI – 1,00,000) * 10% 10%
1,50,000 to 2,50,000 5,000 + (TI – 1,50,000) * 20% 10%
Greater than 2,50,000 25,000 + (TI – 2,50,000) * 30% 10%

Women aged 65 years or less

Slab (Rs.) Tax (Rs.) Surcharge on Income Tax (if

 

TI > Rs. 10 Lakhs) (Rs.)

less than 1,35,000 Nil Nil
1,35,000 to 1,50,000 (TI – 1,35,000) * 10% 10%
1,50,000 to 2,50,000 1,500 + (TI – 1,50,000) * 20% 10%
Greater than 2,50,000 21,500 + (TI – 2,50,000) * 30% 10%

Senior Citizens (Individuals aged above 65 years)

Slab (Rs.) Tax (Rs.) Surcharge on Income Tax (if

 

TI > Rs. 10 Lakhs) (Rs.)

less than 1,85,000 Nil Nil
1,85,000 to 2,50,000 (TI – 1,85,000) * 20% 10%
Greater than 2,50,000 13,000 + (TI – 2,50,000) * 30% 10%

Income Tax Rates/Slabs for A.Y. (2004-05 & 2005-06)

Slab (Rs.) Tax (Rs.) Surcharge on Income Tax

 

(If TI > Rs.8.50 Lakhs) (Rs.)

less than 50,000 Nil Nil
50,000 to 60,000 (TI – 50,000) * 10% 10%
60,000 to 1,50,000 1,000 + (TI – 60,000) * 20% 10%
Greater than 1,50,000 19,000 + (TI – 1,50,000) * 30% 10%

Income Tax Rates/Slabs for A.Y. (2003-04)

Slab (Rs.) Tax (Rs.) Surcharge on Income Tax

 

(If TI > Rs. 60,000) (Rs.)

Less than 50,000 Nil Nil
50,000 to 60,000 (TI – 50,000) * 10% 5%
60,000 to 1,50,000 1,000 + (TI – 60,000) * 20% 5%
Greater than 1,50,000 19,000 + (TI – 1,50,000) * 30% 5%

Income Tax Rates/Slabs for A.Y. (2002-03)

Slab (Rs.) Tax (Rs.) Surcharge on Income Tax

 

(If TI > Rs. 60,000)

Less than 50,000 Nil Nil
50,000 to 60,000 (TI – 50,000) * 10% 2%
60,000 to 1,50,000 1,000 + (TI – 60,000) * 20% 2%
Greater than 1,50,000 19,000 + (TI – 1,50,000) * 30% 2%

Income Tax Rates/Slabs for A.Y. (2001-02)

Slab (Rs.) Tax (Rs.) Surcharge

 

TI > 60,000

Surcharge

 

TI > 1,50,000

Less than 50,000 Nil Nil Nil
50,000 to 60,000 (TI – 50,000) * 10% 12% 17%
60,000 to 1,50,000 1,000 + (TI – 60,000) * 20% 12% 17%
Greater than 1,50,000 19,000 + (TI – 1,50,000) * 30% 12% 17%


Total thanks : 21 times

 
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CA Final ICWA Final & M.B.A

Thanks for Sharing

 
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ALWAYS READY TO LEARN NEW THINGS

thanks for sharing good info.........

 
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thanx for sharing...

 
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very informative.

 
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Wealth Manager


Very good, thanks

 
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M/S KDK SOFTWARE (I) PVT LTD

NICE WORKING

 
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Thanks for Sharing Such Updated & Valuable Information.. :) - Cma Purushottam Deshmukh

 
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