What is the Basic Income Tax exemption level for Men and Women after the 80CC and 80D exemptions for the financial year 2011-12 ?
Is it Rs 1,50,000 for Men and Rs 1,60,000 for Women ? OR its Rs 1,90,000 for Men and Rs 2,10,000 for Women ?
Appreciate inputs.
Thanks..
Krish
For A,Y 12 -12
Men Rs,180000/-
Women Rs.190000/-
For A.Y 11 -12
Men160000/-
Women(Below 65 Yers) - 190000/-
for ay 2012-13
men- 180000
women-190000
Men - Rs. 1,80,000
Women - Rs. 1,90,000
Senior Citizen - 2,40,000 ( For man & woman, age between 65-80)
Senior Citizen - 500000 ( For man & Worman, age more then 80 years)
VNSS & Co
Mumbai
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