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Income Tax Slab for Financial Year 2012-13
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Assessment Year 2013-14
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Tax
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Man
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Women
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Senior Citizen
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Rate
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(In Rupees)
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(In Rupees)
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(In Rupees)
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1
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0.00%
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Upto 2,00,000
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Upto 2,00,000
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Upto 2,50,000
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2
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10.00%
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2,00,001 to 5,00,000
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2,00,001 to 5,00,000
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2,50,001 to 5,00,000
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3
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20.00%
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5,00,001 to 10,00,000
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5,00,001 to 10,00,000
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5,00,001 to 10,00,000
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4
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30.00%
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Above 10,00,000
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Above 10,00,000
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Above 10,00,000
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Note :- 1) Surcharge is Nil and 3% Cess will be charged on Above Tax
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2) Age of Senior Citizen is = 65 Years
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3) Corporate Tax will be 30% and surcharge and cess will be Nil.
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4) Befnefit of Rs. 1.50 Lakh for Interest on Housing Loan will be continued
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Above Tax Slab will be applicable w.e.f. 01.04.2012
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Income Tax Slab for Financial Year 2011-12
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Assessment Year 2012-13
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Tax
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Man
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Women
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Senior Citizen
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Senior Citizen
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Age =>60 and < 80
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Age => 80
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Rate
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(In Rupees)
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(In Rupees)
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(In Rupees)
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(In Rupees)
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1
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0.00%
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Upto 1,80,000
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Upto 1,90,000
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Upto 2,50,000
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Upto 5,00,000
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2
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10.00%
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1,80,001 to 5,00,000
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1,90,001 to 5,00,000
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2,50,001 to 5,00,000
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|
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3
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20.00%
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5,00,001 to 8,00,000
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5,00,001 to 8,00,000
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5,00,001 to 8,00,000
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5,00,001 to 8,00,000
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4
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30.00%
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Above 8,00,000
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Above 8,00,000
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Above 8,00,000
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Above 8,00,000
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Income Tax Slab for Financial Year 2011-12
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Assessment Year 2012-13
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Note :- 1) Surcharge is Nil and 3% Cess will be charged on Above Tax
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2) Age of Senior Citizen is = 60 Years
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Income Tax Rates/Slabs for A.Y. (2011-12)
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Slab (Rs.) |
Tax (Rs.) |
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less than 1,60,000 |
Nil |
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1,60,000 to 5,00,000 |
(TI – 1,60,000) * 10% |
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5,00,000 to 8,00,000 |
34,000 + (TI – 5,00,000) * 20% |
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Greater than 8,00,000 |
94,000 + (TI – 8,00,000) * 30% |
Women aged 65 years or less
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Slab (Rs.) |
Tax (Rs.) |
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less than 1,90,000 |
Nil |
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1,90,000 to 5,00,000 |
(TI – 1,90,000) * 10% |
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5,00,000 to 8,00,000 |
31,000 + (TI – 5,00,000) * 20% |
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Greater than 8,00,000 |
91,000 + (TI – 8,00,000) * 30% |
Senior Citizens (Individuals aged above 65 years)
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Slab (Rs.) |
Tax (Rs.) |
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less than 2,40,000 |
Nil |
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2,40,000 to 5,00,000 |
(TI – 2,40,000) * 10% |
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5,00,000 to 8,00,000 |
26,000 + (TI – 5,00,000) * 20% |
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Greater than 8,00,000 |
86,000 + (TI – 8,00,000) * 30% |
Income Tax Rates/Slabs for A.Y. (2010-11)
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Slab (Rs.) |
Tax (Rs.) |
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less than 1,60,000 |
Nil |
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1,60,000 to 3,00,000 |
(TI – 1,60,000) * 10% |
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3,00,000 to 5,00,000 |
14,000 + (TI – 3,00,000) * 20% |
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Greater than 5,00,000 |
54,000 + (TI – 5,00,000) * 30% |
Women aged 65 years or less
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Slab (Rs.) |
Tax (Rs.) |
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less than 1,90,000 |
Nil |
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1,90,000 to 3,00,000 |
(TI – 1,90,000) * 10% |
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3,00,000 to 5,00,000 |
11,000 + (TI – 3,00,000) * 20% |
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Greater than 5,00,000 |
51,000 + (TI – 5,00,000) * 30% |
Senior Citizens (Individuals aged above 65 years)
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Slab (Rs.) |
Tax (Rs.) |
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less than 2,40,000 |
Nil |
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2,40,000 to 3,00,000 |
(TI – 2,40,000) * 10% |
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3,00,000 to 5,00,000 |
6,000 + (TI – 3,00,000) * 20% |
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Greater than 5,00,000 |
46,000 + (TI – 5,00,000) * 30% |
Income Tax Rates/Slabs for A.Y. (2009-10)
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Slab (Rs.) |
Tax (Rs.) |
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less than 1,50,000 |
Nil |
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1,50,000 to 3,00,000 |
(TI – 1,50,000) * 10% |
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3,00,000 to 5,00,000 |
15,000 + (TI – 3,00,000) * 20% |
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Greater than 5,00,000 |
55,000 + (TI – 5,00,000) * 30% |
Women aged 65 years or less
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Slab (Rs.) |
Tax (Rs.) |
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less than 1,80,000 |
Nil |
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1,80,000 to 3,00,000 |
(TI – 1,80,000) * 10% |
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3,00,000 to 5,00,000 |
12,000 + (TI – 3,00,000) * 20% |
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Greater than 5,00,000 |
52,000 + (TI – 5,00,000) * 30% |
Senior Citizens (Individuals aged above 65 years)
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Slab (Rs.) |
Tax (Rs.) |
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less than 2,25,000 |
Nil |
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2,25,000 to 3,00,000 |
(TI – 2,25,000) * 10% |
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3,00,000 to 5,00,000 |
7,500 + (TI – 3,00,000) * 20% |
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Greater than 5,00,000 |
47,500 + (TI – 5,00,000) * 30% |
Income Tax Rates/Slabs for A.Y. (2008-09)
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Slab (Rs.) |
Tax (Rs.) |
Surcharge on Income Tax
(if TI > Rs. 10 Lakhs)
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less than 1,10,000 |
Nil |
Nil |
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1,10,000 to 1,50,000 |
(TI – 1,10,000) * 10% |
10% |
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1,50,000 to 2,50,000 |
4,000 + (TI – 1,50,000) * 20% |
10% |
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Greater than 2,50,000 |
24,000 + (TI – 2,50,000) * 30% |
10% |
Women aged 65 years or less
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Slab (Rs.) |
Tax (Rs.) |
Surcharge on Income Tax (if
TI > Rs. 10 Lakhs) (Rs.)
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less than 1,45,000 |
Nil |
Nil |
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1,45,000 to 1,50,000 |
(TI – 1,45,000) * 10% |
10% |
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1,50,000 to 2,50,000 |
500 + (TI – 1,50,000) * 20% |
10% |
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Greater than 2,50,000 |
20,500 + (TI – 2,50,000) * 30% |
10% |
Senior Citizens (Individuals aged above 65 years)
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Slab (Rs.) |
Tax (Rs.) |
Surcharge on Income Tax (if
TI > Rs. 10 Lakhs) (Rs.)
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less than 1,95,000 |
Nil |
Nil |
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1,95,000 to 2,50,000 |
(TI – 1,95,000) * 20% |
10% |
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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)
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Slab (Rs.) |
Tax (Rs.) |
Surcharge on Income Tax
(if TI > Rs. 10 Lakhs)
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less than 1,00,000 |
Nil |
Nil |
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1,00,000 to 1,50,000 |
(TI – 1,00,000) * 10% |
10% |
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1,50,000 to 2,50,000 |
5,000 + (TI – 1,50,000) * 20% |
10% |
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Greater than 2,50,000 |
25,000 + (TI – 2,50,000) * 30% |
10% |
Women aged 65 years or less
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Slab (Rs.) |
Tax (Rs.) |
Surcharge on Income Tax (if
TI > Rs. 10 Lakhs) (Rs.)
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less than 1,35,000 |
Nil |
Nil |
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1,35,000 to 1,50,000 |
(TI – 1,35,000) * 10% |
10% |
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1,50,000 to 2,50,000 |
1,500 + (TI – 1,50,000) * 20% |
10% |
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Greater than 2,50,000 |
21,500 + (TI – 2,50,000) * 30% |
10% |
Senior Citizens (Individuals aged above 65 years)
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Slab (Rs.) |
Tax (Rs.) |
Surcharge on Income Tax (if
TI > Rs. 10 Lakhs) (Rs.)
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less than 1,85,000 |
Nil |
Nil |
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1,85,000 to 2,50,000 |
(TI – 1,85,000) * 20% |
10% |
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Greater than 2,50,000 |
13,000 + (TI – 2,50,000) * 30% |
10% |
Income Tax Rates/Slabs for A.Y. (2004-05 & 2005-06)
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Slab (Rs.) |
Tax (Rs.) |
Surcharge on Income Tax
(If TI > Rs.8.50 Lakhs) (Rs.)
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less than 50,000 |
Nil |
Nil |
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50,000 to 60,000 |
(TI – 50,000) * 10% |
10% |
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60,000 to 1,50,000 |
1,000 + (TI – 60,000) * 20% |
10% |
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Greater than 1,50,000 |
19,000 + (TI – 1,50,000) * 30% |
10% |
Income Tax Rates/Slabs for A.Y. (2003-04)
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Slab (Rs.) |
Tax (Rs.) |
Surcharge on Income Tax
(If TI > Rs. 60,000) (Rs.)
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Less than 50,000 |
Nil |
Nil |
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50,000 to 60,000 |
(TI – 50,000) * 10% |
5% |
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60,000 to 1,50,000 |
1,000 + (TI – 60,000) * 20% |
5% |
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Greater than 1,50,000 |
19,000 + (TI – 1,50,000) * 30% |
5% |
Income Tax Rates/Slabs for A.Y. (2002-03)
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Slab (Rs.) |
Tax (Rs.) |
Surcharge on Income Tax
(If TI > Rs. 60,000)
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Less than 50,000 |
Nil |
Nil |
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50,000 to 60,000 |
(TI – 50,000) * 10% |
2% |
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60,000 to 1,50,000 |
1,000 + (TI – 60,000) * 20% |
2% |
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Greater than 1,50,000 |
19,000 + (TI – 1,50,000) * 30% |
2% |
Income Tax Rates/Slabs for A.Y. (2001-02)
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Slab (Rs.) |
Tax (Rs.) |
Surcharge
TI > 60,000
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Surcharge
TI > 1,50,000
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Less than 50,000 |
Nil |
Nil |
Nil |
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50,000 to 60,000 |
(TI – 50,000) * 10% |
12% |
17% |
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60,000 to 1,50,000 |
1,000 + (TI – 60,000) * 20% |
12% |
17% |
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Greater than 1,50,000 |
19,000 + (TI – 1,50,000) * 30% |
12% |
17% |
Total thanks : 2 times
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