Tuesday, 6 March 2012
Income Tax Slabs for General , Women ,Senior Citizen ,Very Senior Citizen
General
Income tax slab (in Rs.) Tax
0 to 1,80,000 No Tax
1,80,001 to 5,00,000 10%
5,00,001 to 8,00,000 20%
Above 8,00,000 30%
Education Cess 2%
Secondary and Higher Education Cess 1%
Secondary and Higher Education Cess 1%
Women
Income tax slab (in Rs.) Tax
0 to 1,90,000 No Tax
1,90,001 to 5,00,000 10%
5,00,001 to 8,00,000 20%
Above 8,00,000 30%
Education Cess 2%
Secondary and Higher Education Cess 1%
Secondary and Higher Education Cess 1%
Senior Citizen
(Aged 60 years but less than 80 years)
Income tax slab (in Rs.) Tax
0 to 2,50,000 No Tax
2,50,001 to 5,00,000 10%
5,00,001 to 8,00,000 20%
Above 8,00,000 30%
Very Senior Citizen
(Above Aged 80 years )
Income tax slab (in Rs.) Tax
0 to 5,00,000 No Tax
5,00,001 to 8,00,000 20%
Above 8,00,000 30%