INCOME TAX TAX RATES
As per Applicable to A.Y. 2011-12 As per DTC
Any individual being a resident in India, who is of the age not exceed sixty-five Any individual being a resident in India, who is of the age not exceed sixty-five
1 Where the total income does not exceed Rs. 160000 NIL 1 Where Total income does not exceed Rs. 200000 NIL
2 Where the total income exceed 160000 but not exceed 500000 10% of amount exceeding 160000 2 Where the total income exceed 200000 but not exceed 500000 10% of amount exceeding 200000
3 Where the total income exceed 500000 but not exceed Rs800000 34000 plus 20% of amount exceeding Rs. 500000 3 Where the total income exceed 500000 but not exceed Rs 1000000 30000 plus 20% of amount exceeding Rs. 500000
4 Where the total income exceeds Rs 800000 74000 plus 30% of amount exceeding Rs 800000 4 Where the total income exceeds Rs 1000000 30000 plus 100000 plus 30 of amount exceeding Rs. 1000000
Any individual being a resident in India, who is of the age of sixty-five or more during the financial Year Any individual being a resident in India, who is of the age of sixty-five or more during the financial Year
1 Where the total income does not exceed Rs. 240000 NIL 1 Where the total income does not exceed Rs. 250000 NIL
2 Where the total income exceed 240000 but not exceed 500000 10% of amount exceeding 240000 2 Where the total income exceed 250000 but not exceed 500000 10% of amount exceeding 250000
3 Where the total income exceed 500000 but not exceed Rs800000 26000 plus 20% of amount exceeding Rs. 500000 3 Where the total income exceed 500000 but not exceed Rs1000000 25000 plus 20% of amount exceeding Rs. 500000
4 Where the total income exceeds Rs 800000 86000 plus 30% of amount exceeding Rs 800000 4 Where the total income exceeds Rs 1000000 25000 plus 100000 plus 30 of amount exceeding Rs. 1000000
Any individual being a resident in India, who is Female and of the age not exceed sixty-five Any individual being a resident in India, who is Female and of the age not exceed sixty-five
1 Where the total income does not exceed Rs. 190000 NIL 1 Where Total income does not exceed Rs. 200000 NIL
2 Where the total income exceed 190000 but not exceed 500000 10% of amount exceeds Rs 180000 2 Where the total income exceed 200000 but not exceed 500000 10% of amount exceeding 200000
3 Where the total income exceed 500000 but not exceed Rs800000 31000 plus 20% of amount exceeding Rs. 500000 3 Where the total income exceed 500000 but not exceed Rs 1000000 30000 plus 20% of amount exceeding Rs. 500000
4 Where the total income exceeds Rs 800000 91000 plus 30% of amount exceeding Rs 500000 4 Where the total income exceeds Rs 1000000 30000 plus 100000 plus 30 of amount exceeding Rs. 1000000

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Category : Income Tax (25347)
Type : Articles (14841)
Tags : Direct Tax Code (292) dtc (262)

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