Income Tax Rate AY 2013-2014

by Rahul Sapre3. November 2012 11:09

Income Tax Rate For the Assessment Year 2013-2014 (Financial Year 2012-2013)

Taxable income slab (Rs.) Rate (%)
Up to 2,00,000
Up to 2,50,000 (for senior citizen who is of the age of 60 years or more but below 80 years at any time during the previous year)
Up to 5,00,000 (for senior citizen who is of the age of 80 years or more at any time during the previous year)
NIL
2,00,001 – 5,00,00010
500,001 – 10,00,00020
10,00,001 upwards30

Education cess is applicable @ 3 per cent on income tax, No surcharge is applicable.
Above Tax Slab will be applicable w.e.f. 01.04.2012

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Income Tax

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Jack of all trades, master of Some, though oftentimes better than master of one. Rahul Sapre

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