Latest 4 Years Income Tax Rates as per Income Tax Department

Friends, it is general demand of Tax payee/Assessee to know what are the latest income Tax Rates for Assessment year 2012-13 and financial year 2011-12 as per Income Tax Department, as we quote that 4 years Income Tax Slab with full details i.e. Fin.Year 2011-12, Fin. Year 2010-11, Fin. Year 2009-10, Fin. Year 2008-09 which are as under:

FY – 2011-12
For General Tax Payers		For Women Tax Payers		For Senior Citizens
Tax Slab(In Rs.)	Tax (In %)	Tax Slab (In Rs.)	Tax (In %)	Tax Slab (In Rs.)	Tax (In %)
0-1,80,000	No Tax	0-1,90,000	No Tax	0-2,50,000	No Tax
1,80,001-5,00,000	10%	1,90,001-5,00,000	10%	2,50,001-5,00,000	10%
5,00,001 – 8,00,000	20%	5,00,001 – 8,00,000	20%	5,00,001 – 8,00,000	20%
Above 8,00,000	30%	Above 8,00,000	30%	Above 8,00,000	30%
FY – 2010-11
For General Tax Payers		For Women Tax Payers		For Senior Citizens
Tax Slab(In Rs.)	Tax (In %)	Tax Slab (In Rs.)	Tax (In %)	Tax Slab (In Rs.)	Tax (In %)
0-1,60,000	No Tax	0-1,90,000	No Tax	0-2,40,000	No Tax
1,60,001-5,00,000	10%	1,90,001-5,00,000	10%	2,40,001-5,00,000	10%
5,00,001 – 8,00,000	20%	5,00,001 – 8,00,000	20%	5,00,001 – 8,00,000	20%
Above 8,00,000	30%	Above 8,00,000	30%	Above 8,00,000	30%
FY – 2009-10
For General Tax Payers		For Women Tax Payers		For Senior Citizens
Tax Slab(In Rs.)	Tax (In %)	Tax Slab (In Rs.)	Tax (In %)	Tax Slab (In Rs.)	Tax (In %)
0-1,60,000	No Tax	0-1,90,000	No Tax	0-2,40,000	No Tax
1,60,001-5,00,000	10%	1,90,001-5,00,000	10%	2,40,001-5,00,000	10%
5,00,001 – 8,00,000	20%	5,00,001 – 8,00,000	20%	5,00,001 – 8,00,000	20%
Above 8,00,000	30%	Above 8,00,000	30%	Above 8,00,000	30%
FY – 2008-09
For General Tax Payers		For Women Tax Payers		For Senior Citizens
Tax Slab(In Rs.)	Tax (In %)	Tax Slab (In Rs.)	Tax (In %)	Tax Slab (In Rs.)	Tax (In %)
0-1,50,000	No Tax	0-1,80,000	No Tax	0-2,25,000	No Tax
1,50,001-3,00,000	10%	1,80,001-3,00,000	10%	2,25,001-3,00,000	10%
3,00,001 – 5,00,000	20%	3,00,001 – 5,00,000	20%	3,00,001 – 5,00,000	20%
Above 5,00,000	30%	Above 5,00,000	30%	Above 5,00,000	30%

Posted in: Income Tax Planner,Income Tax Slab