Slab rate applicable for nov 2012 ipce

AY 2012 -2013

Individual (MALE)

INCOME SLAB

TAX

SURCHARGE

EDU. CESS

HIGHER EDU. CESS

Upto Rs. 180000

NIL

NIL

NIL

NIL

Rs. 180000 to Rs. 500000

10% of (total income  - Rs. 180000)

NIL

2%

1%

Rs. 500000 to Rs. 800000

Rs. 32000 + 20% of (total income - Rs. 500000)

NIL

2%

1%

Above 800000

Rs. 92000 + 30% of (total income - Rs. 800000)

NIL

2%

1%

Individual (FEMALE)

Upto Rs. 190000

NIL

NIL

NIL

NIL

Rs. 190000 to Rs. 500000

10% of (total income  - Rs. 190000)

NIL

2%

1%

Rs. 500000 to Rs. 800000

Rs. 31000 + 20% of (total income - Rs. 500000)

NIL

2%

1%

Above Rs. 800000

Rs. 91000 + 30% of (total income - Rs. 800000)

NIL

2%

1%

Individual (SENIOR CITIZEN) (Above 60 years but below 80 years)

Upto Rs. 250000

NIL

NIL

NIL

NIL

Rs. 250000 to Rs. 500000

10% of (total income  - Rs. 250000)

NIL

2%

1%

Rs. 500000 to Rs. 800000

Rs. 25000 + 20% of (total income - Rs. 500000)

NIL

2%

1%

Above Rs 800000

Rs. 85000 + 30% of (total income - Rs. 800000)

NIL

2%

1%

Individual (VERY SENIOR CITIZEN) (Above 80 years)

Upto Rs. 500000

NIL

NIL

NIL

NIL

Rs. 500000 to Rs. 800000

20% of (total income - Rs. 500000)

NIL

2%

1%

Above Rs 800000

Rs. 60000 + 30% of (total income - Rs. 800000)

NIL

2%

1%