INCOME TAX RATES (AY 2013-14)

22-Jan-2013 , 07:25:30 pm | By CASANSAAR print

The new and revised income tax slabs and rates applicable for the financial year (FY) 2012-13 and assessment year (AY) 2012-2013-14 are mentioned below:

New Income tax slab for ay 13-14
New Income Tax Slabs for ay 13-14 for Resident Senior Citizens above 60 years (FY 2012-13)
S. No.	Income Range	Tax percentage
1	Up to Rs 2,50,000	No tax / exempt
2	2,50,001 to 5,00,000	10%
3	5,00,001 to 10,00,000	20%
4	Above 10,00,000	30%
New Income Tax Slabs for ay 13-14 for Resident Senior Citizens above 80 years (FY 2012-13)
S. No.	Income Range	Tax percentage
1	Up to Rs 5,00,000	No tax / exempt
2	5,00,001 to 10,00,000	20%
3	Above 10,00,000	30%
Income Tax Slabs for ay 13-14 for Resident Women (below 60 years) (FY 2012-13)
1	Up to Rs 2,00,000	No tax / exempt
2	2,00,001 to 5,00,000	10%
3	5,00,001 to 10,00,000	20%
4	Above 10,00,000	30%
New Income Tax Slabs for ay 13-14 Others & Men (FY 2012-13)
1	Up to Rs 2,00,000	No tax / exempt
2	2,00,001 to 5,00,000	10%
3	5,00,001 to 10,00,000	20%
4	Above 10,00,001	30%