Income Tax Slabs Rate 2011-2012

Income tax slabs 2011-2012 for General tax payers

Yearly Income	Tax Rate
Rs. 0 to 1,80,000	No Tax (0 %)
Rs. 1,80,001 to 5,00,000	10%
Rs. 5,00,001 to 8,00,000	20%
Above Rs. 8,00,000	30%

Income tax slabs 2011-2012 for Women

Yearly Income	Tax Rate
Rs. 0 to 1,90,000	No Tax (0 %)
Rs. 1,90,001 to 5,00,000	10%
Rs. 5,00,001 to 8,00,000	20%
Above Rs. 8,00,000	30%

Income tax slabs 2011-2012 for Senior citizen (60 – 80 years)

Yearly Income	Tax Rate
Rs. 0 to 2,50,000	No Tax (0 %)
Rs. 2,50,001 to 5,00,000	10%
Rs. 5,00,001 to 8,00,000	20%
Above Rs. 8,00,000	30%

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

Yearly Income	Tax Rate
Rs. 0 to 5,00,000	No Tax (0 %)
Rs. 5,00,001 to 8,00,000	20%
Above Rs. 8,00,000	30%

Posted in: Taxes