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  • 7/28/2019 Income Tax Slab for Financial Year 2012

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    Income Tax Slab for Financial Year 2012-13 Assessment Year 2013-14 Tax Man Women Senior

    Citizen Rate (In Rupees) (In Rupees) (In Rupees) 1 0.00% Upto 2,00,000 Upto 2,00,000 Upto

    2,50,000 2 10.00% 2,00,001 to 5,00,000 2,00,001 to 5,00,000 2,50,001 to 5,00,000 3 20.00%

    5,00,001 to 10,00,000 5,00,001 to 10,00,000 5,00,001 to 10,00,000 4 30.00% Above 10,00,000

    Above 10,00,000 Above 10,00,000 Note :- 1) Surcharge is Nil and 3% Cess will be charged on

    Above Tax 2) Age of Senior Citizen is = 65 Years 3) Corporate Tax will be 30% and surcharge

    and cess will be Nil. 4) Befnefit of Rs. 1.50 Lakh for Interest on Housing Loan will be continued

    Above Tax Slab will be applicable w.e.f. 01.04.2012 Income Tax Slab for Financial Year 2011-12

    Assessment Year 2012-13 Tax Man Women Senior Citizen Senior Citizen Age =>60 and 80 Rate (In Rupees) (In Rupees) (In Rupees) (In Rupees) 1 0.00% Upto 1,80,000

    Upto 1,90,000 Upto 2,50,000 Upto 5,00,000 2 10.00% 1,80,001 to 5,00,000 1,90,001 to 5,00,000

    2,50,001 to 5,00,000 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 4 30.00% Above 8,00,000 Above 8,00,000 Above 8,00,000 Above

    8,00,000 Income Tax Slab for Financial Year 2011-12 Assessment Year 2012-13 Note :- 1)

    Surcharge is Nil and 3% Cess will be charged on Above Tax 2) Age of Senior Citizen is = 60 Years

    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% IncomeTax 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 than1,45,000 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 2,50,00021,500 + (TI 2,50,000) * 30% 10% Senior Citizens (Individuals aged above 65 years) Slab (Rs.)

  • 7/28/2019 Income Tax Slab for Financial Year 2012

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    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%

    Read more at:http://www.caclubindia.com/forum/income-tax-rates-slabs-from-a-y-2001-02-to-a-

    y-2013-14-132138.asp#.UJFDMG_A_gg

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