Income Tax Slabs for Financial Year 2012-13

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