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Income Tax Slabs & Rates for Financial Year (FY) 2011-2012 : Assessment Year (AY) 2012-13

Income tax slabs 2011-2012 for General tax payers

Income tax slab (in Rs.)Tax
0 to 1,80,000No tax
1,80,001 to 5,00,00010%
5,00,001 to 8,00,00020%
Above 8,00,00030%

Income tax slabs 2011-2012 for Women

Income tax slab (in Rs.)Tax
0 to 1,90,000No tax
1,90,001 to 5,00,00010%
5,00,001 to 8,00,00020%
Above 8,00,00030%

Income tax slabs 2011-2012 for Senior citizen (Aged 60 years but less than 80 years)

Income tax slab (in Rs.)Tax
0 to 2,50,000No tax
2,50,001 to 5,00,00010%
5,00,001 to 8,00,00020%
Above 8,00,00030%

Income tax slabs 2011-2012 for Very Senior citizen (Above 80 years)

Income tax slab (in Rs.)Tax
0 to 5,00,0000%
5,00,001 to 8,00,00020%
Above 8,00,00030%

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