Tax slab for fy 2013-14

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Querist : Anonymous

Querist : Anonymous (Querist)

28 February 2013 Hi,

Can anyone post tax slab for financial year 2013-14?

Thanks in Advance

CS RAJESH C.CHOUDHARY

CS RAJESH C.CHOUDHARY (Expert)

28 February 2013 No tax slab revision..
I. Income Tax Slab Rates for Individuals:

Male/Female less than 60 years’ age
INCOME
TAX RATE
Upto Rs 2.20 Lakhs
NIL
> INR 2.20 Lakhs-INR 5 Lakhs
10%
> INR 5 Lakhs-INR 10 Lakhs
20%
>INR 10 Lakhs
30%

Senior Citizen (60 years and above)
INCOME
TAX RATE
Upto Rs 2.5 Lakhs
NIL
> INR 2.5 Lakhs-INR 5 Lakhs
10%
> INR 5 Lakhs-INR 10 Lakhs
20%
>INR 10 Lakhs
30%

Very Senior Citizen (80 years and above)
INCOME
TAX RATE
Upto Rs 5 Lakhs
NIL
> INR 5 Lakhs-INR 10 Lakhs
20%
>INR 10 Lakhs
30%

Guest

Guest (Expert)

28 February 2013 in budget,

basic exemption limit is of rs. 2,20,000/- instead of rs. 2,00,000/-, if i am not wrong.

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