Tax Impact for Resident Individuals and Hindu Undivided Families | ||||
Gross Total Income (Rs) | 3,00,000 | 5,00,000 | ||
A.Y. 2010-11 | A.Y. 2011-12 | A.Y. 2010-11 | A.Y. 2011-12 | |
Gross Income | 300000 | 300000 | 500000 | 500000 |
Tax Benefit u/s 80C | 100000 | 100000 | 100000 | 100000 |
Tx exemption under Infra Bonds | 20000 | 20000 | ||
Net Taxable Income post sec. 80C | 200000 | 180000 | 400000 | 380000 |
Income Exempt from Tax as per slabs | 160000 | 160000 | 160000 | 160000 |
Taxable Amount | 40000 | 20000 | 240000 | 220000 |
Amount taxable @ 10% | 40000 | 20000 | 140000 | 220000 |
Amount taxable @ 20% | 0 | 0 | 100000 | 0 |
Amount taxable @ 30% | 0 | 0 | 0 | 0 |
Tax Amount Pre-Cess | 4000 | 2000 | 34000 | 22000 |
Education cess @3% | 120 | 60 | 1020 | 660 |
Total Tax Payable | 4120 | 2060 | 35020 | 22660 |
Tax Impact for Resident Individuals and Hindu Undivided Families | ||||
Gross Total Income (Rs) | 8,00,000 | 10,00,000 | ||
A.Y. 2010-11 | A.Y. 2011-12 | A.Y. 2010-11 | A.Y. 2011-12 | |
Gross Income | 800000 | 800000 | 1000000 | 1000000 |
Tax Benefit u/s 80C | 100000 | 100000 | 100000 | 100000 |
Tx exemption under Infra Bonds | 20000 | 20000 | ||
Net Taxable Income post sec. 80C | 700000 | 680000 | 900000 | 880000 |
Income Exempt from Tax as per slabs | 160000 | 160000 | 160000 | 160000 |
Taxable Amount | 540000 | 520000 | 740000 | 720000 |
Amount taxable @ 10% | 140000 | 340000 | 140000 | 340000 |
Amount taxable @ 20% | 200000 | 180000 | 200000 | 300000 |
Amount taxable @ 30% | 200000 | 0 | 400000 | 80000 |
Tax Amount Pre-Cess | 114000 | 70000 | 174000 | 118000 |
Education cess @3% | 3420 | 2100 | 5220 | 3540 |
Total Tax Payable | 117420 | 72100 | 179220 | 1215 |
Tax Impact for Resident Woman below 65 years of age | ||||
Gross Total Income (Rs) | 3,00,000 | 5,00,000 | ||
A.Y. 2010-11 | A.Y. 2011-12 | A.Y. 2010-11 | A.Y. 2011-12 | |
Gross Income | 300000 | 300000 | 500000 | 500000 |
Tax Impact for Resident Senior Citizens | ||||||||||
Gross Total Income (Rs) | 3,00,000 | 5,00,000 | 8,00,000 | 10,00,000 | 15,00,000 | |||||
A.Y. 2010-11 | A.Y. 2011-12 | A.Y. 2010-11 | A.Y. 2011-12 | A.Y. 2010-11 | A.Y. 2011-12 | A.Y. 2010-11 | A.Y. 2011-12 | A.Y. 2010-11 | A.Y. 2011-12 | |
Gross Income | 300000 | 300000 | 500000 | 500000 | 800000 | 800000 | 1000000 | 1000000 | 1500000 | 1500000 |
Tax Benefit u/s 80C | 100000 | 100000 | 100000 | 100000 | 100000 | 100000 | 100000 | 100000 | 100000 | 100000 |
Tx exemption under Infra Bonds | 20000 | 20000 | 20000 | 20000 | 20000 | |||||
Net Taxable Income post sec. 80C | 200000 | 180000 | 400000 | 380000 | 700000 | 680000 | 900000 | 880000 | 1400000 | 1380000 |
Income Exempt from Tax as per slabs | 240000 | 240000 | 240000 | 240000 | 240000 | 240000 | 240000 | 240000 | 240000 | 240000 |
Taxable Amount | 0 | 0 | 160000 | 140000 | 460000 | 440000 | 660000 | 640000 | 1160000 | 1140000 |
Amount taxable @ 10% | 0 | 0 | 60000 | 140000 | 60000 | 260000 | 60000 | 260000 | 60000 | 260000 |
Amount taxable @ 20% | 0 | 0 | 100000 | 0 | 200000 | 180000 | 200000 | 300000 | 200000 | 300000 |
Amount taxable @ 30% | 0 | 0 | 0 | 0 | 200000 | 0 | 400000 | 80000 | 900000 | 580000 |
Tax Amount Pre-Cess | 0 | 0 | 26000 | 14000 | 106000 | 62000 | 166000 | 110000 | 316000 | 260000 |
Education cess @3% | 0 | 0 | 780 | 420 | 3180 | 1860 | 4980 | 3300 | 9480 | 7800 |
Total Tax Payable | 0 | 0 | 26780 | 14420 | 109180 | 63860 | 170980 | 113300 | 325480 | 267800 |
Tax Impact for Resident Woman below 65 years of age | ||||||||||
Gross Total Income (Rs) | 3,00,000 | 5,00,000 | 8,00,000 | 10,00,000 | 15,00,000 | |||||
A.Y. 2010-11 | A.Y. 2011-12 | A.Y. 2010-11 | A.Y. 2011-12 | A.Y. 2010-11 | A.Y. 2011-12 | A.Y. 2010-11 | A.Y. 2011-12 | A.Y. 2010-11 | A.Y. 2011-12 | |
Gross Income | 300000 | 300000 | 500000 | 500000 | 800000 | 800000 | 1000000 | 1000000 | 1500000 | 1500000 |
Tax Benefit u/s 80C | 100000 | 100000 | 100000 | 100000 | 100000 | 100000 | 100000 | 100000 | 100000 | 100000 |
Tx exemption under Infra Bonds | 20000 | 20000 | 20000 | 20000 | 20000 | |||||
Net Taxable Income post sec. 80C | 200000 | 180000 | 400000 | 380000 | 700000 | 680000 | 900000 | 880000 | 1400000 | 1380000 |
Income Exempt from Tax as per slabs | 190000 | 190000 | 190000 | 190000 | 190000 | 190000 | 190000 | 190000 | 190000 | 190000 |
Taxable Amount | 10000 | 0 | 210000 | 190000 | 510000 | 490000 | 710000 | 690000 | 1210000 | 1190000 |
Amount taxable @ 10% | 10000 | 0 | 110000 | 190000 | 110000 | 310000 | 110000 | 310000 | 110000 | 310000 |
Amount taxable @ 20% | 0 | 0 | 100000 | 0 | 200000 | 180000 | 200000 | 300000 | 200000 | 300000 |
Amount taxable @ 30% | 0 | 0 | 0 | 0 | 200000 | 0 | 400000 | 80000 | 900000 | 580000 |
Tax Amount Pre-Cess | 1000 | 0 | 31000 | 19000 | 111000 | 67000 | 171000 | 115000 | 321000 | 265000 |
Education cess @3% | 30 | 0 | 930 | 570 | 3330 | 2010 | 5130 | 3450 | 9630 | 7950 |
Total Tax Payable | 1030 | 0 | 31930 | 19570 | 114330 | 69010 | 176130 | 118450 | 330630 | 272950 |