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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 |
Man |
Women |
Senior Citizen |
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Rate |
(In Rupees) |
(In Rupees) |
(In Rupees) |
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1 |
0.00% |
Upto 2,00,000 |
Upto 2,00,000 |
Upto 2,50,000 |
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2 |
10.00% |
2,00,001 to 5,00,000 |
2,00,001 to 5,00,000 |
2,50,001 to 5,00,000 |
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3 |
20.00% |
5,00,001 to 10,00,000 |
5,00,001 to 10,00,000 |
5,00,001 to 10,00,000 |
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4 |
30.00% |
Above 10,00,000 |
Above 10,00,000 |
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 |
Man |
Women |
Senior Citizen |
Senior Citizen |
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Age =>60 and < 80 |
Age => 80 |
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Rate |
(In Rupees) |
(In Rupees) |
(In Rupees) |
(In Rupees) |
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1 |
0.00% |
Upto 1,80,000 |
Upto 1,90,000 |
Upto 2,50,000 |
Upto 5,00,000 |
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2 |
10.00% |
1,80,001 to 5,00,000 |
1,90,001 to 5,00,000 |
2,50,001 to 5,00,000 |
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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 |
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4 |
30.00% |
Above 8,00,000 |
Above 8,00,000 |
Above 8,00,000 |
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)
| 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% |
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