Friday, 16 March 2012

What will be the tax for the financial year 2012-2013


   INCOME TAX PAYABLE BY INDIVIDUALS
Taxable Income(in Rs)
Now (2011-2012)
Post Budget (2012-2013)
Saving
180000
-
-
-
190000
1030
-
1030
200000
2060
-
2060
250000
7210
5150
2060
300000
12360
10300
2060
500000
32960
30900
2060
600000
53560
51500
2060
800000
94760
92700
2060
900000
125660
113300
12360
1000000
156560
133900
22660
1200000
218360
195700
22660
1500000
311060
288400
22660
2000000
465560
442900
22660
2500000
620060
597400
22660
3000000
774560
751900
22660
5000000
1392560
1369900
22660

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