21 April 2011
For Individual Assessee INCOME TAX SLAB RATE FOR ASSESSMENT YEAR 2012-13 (Amount In Rs.)
For Woman* Slab rate Tax rate upto 1,90,000 NIL 1,90,000 to 5,00,000 10% 5,00,000 to 8,00,000 20%+31,000 above 8,00,000 30%+91,000 * There is no change since last year
For Senior Citizen (above 65 Years of age) Slab rate Tax rate upto 2,50,000 NIL 2,50,000 to 5,00,000 10% 5,00,000 to 8,00,000 20%+25,000 above 8,00,000 30%+85,000
For Higher Senior Citizen (80 years or above) Slab rate for Assessment Year 2012-13 Slab rate Tax rate upto 5,00,000 NIL 5,00,000 to 8,00,000 20% above 8,00,000 30%+60,000
Slab rate for other individuals Tax rate upto 1,80,000 NIL 1,80,000 to 5,00,000 10% 5,00,000 to 8,00,000 20%+32,000 above 8,00,000 30%+92,000
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