Upcoming Income Tax Slab may be applicable for Financial Year 2012-13
Upcoming Income Tax Slab may be applicable for Financial Year
2012-13
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Assessment Year 2013-14
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Sr. No.
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Tax Rate
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Man (Rs.)
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Women (Rs.)
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Senior Citizen (Rs.)
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1
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0.00%
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Upto 2,00,000
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Upto 2,00,000
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Upto 2,50,000
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2
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10.00%
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2,00,001 to 5,00,000
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2,00,001 to 5,00,000
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2,50,001 to 5,00,000
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3
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20.00%
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5,00,001 to 8,00,000
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5,00,001 to 8,00,000
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5,00,001 to 8,00,000
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4
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30.00%
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Above 8,00,001
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Above 8,00,001
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Above 8,00,001
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Note :
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1) Surcharge is Nil
and 3% Cess will be charged on Above Tax
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2) Age of Senior
Citizen is = 60 Years
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3) Corporate Tax will
be 30% and surcharge and cess will be Nil.
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4) Befnefit of Rs.
1.50 Lakh for Interest on Housing Loan will be continued
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May be the above Income Tax Slab applicable w.e.f. 01.04.2012
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