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Tuesday, January 15, 2013

Income Tax Rules FY :-2012- 2013 AY 13-14 and ...

Income Tax Rules FY :- 12-13  (Assessment Year 13-14)

Category :- Male
Income tax slab (in Rs.)
Tax
0 to 2,00,000
No Tax
2,00,001 to 5,00,000
10%
5,00,001 to 10,00,000
20%
Above 10,00,000
30%
Education Cess 2%
Secondary and Higher Education Cess 1%
Category :- Female 
Income tax slab (in Rs.)
Tax
0 to 2,00,000
No Tax
2,00,001 to 5,00,000
10%
5,00,001 to 10,00,000
20%
Above 10,00,000
30%
Education Cess 2%
Secondary and Higher Education Cess 1%
Note :- there is "No Change" in Male or Female Category  for this year
Category :- Senior Citizens (Age 60 Years and Less  than 80 years)
Income tax slab (in Rs.)
Tax
0 to 2,00,000
No Tax
2,50,001 to 5,00,000
10%
5,00,001 to 10,00,000
20%
Above 10,00,000
30%
Education Cess 2%
Secondary and Higher Education Cess 1%