TAX SLAB RATE FOR THE ASSESSMENT YEAR 2011-2012

RATE OF INCOME TAX

FOR THE ASSESSMENT YEAR 2011-2012

(i)                  For Women, resident in India and below 65 years of age at any time during the financial year

UPTO Rs 1,90,000                                 NIL

Rs 1,90,001 TO Rs 5,00,000                     10 %

Rs 5,00,001 TO Rs 8,00,000                     20 %

ABOVE Rs 8,00,000                                30%

(ii)                For an individual (man or women), who is resident of India and who is of age of 65 years or more during any day of previous year.

UPTO Rs 1,60,000                                  NIL

Rs 1,60,001 TO Rs 5,00,000                     10 %

Rs 5,00,001 TO Rs 8,00,000                     20 %

ABOVE Rs 8,00,000                                30%

(iii)               Individual (other than above category), or HUF

UPTO Rs 1,60,000                                 NIL

Rs 1,60,001 TO Rs 5,00,000                     10 %

Rs 5,00,001 TO Rs 8,00,000                     20 %

ABOVE Rs 8,00,000                                30%