Slab rate applicable for nov 2012 ipce

Ashmal (sies) (54 Points)

06 November 2012

Slab rate applicable for nov 2012 ipce

Read more at: /forum/create_message.asp?cat_id=45

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Deepak Gupta (CA Student) (15922 Points)
Replied 06 November 2012

Originally posted by : Ashmal
	Slab rate applicable for nov 2012 ipce Read more at: /forum/create_message.asp?cat_id=45

AY 2012 -2013
Individual (MALE)
INCOME SLAB	TAX	SURCHARGE	EDU. CESS	HIGHER EDU. CESS
Upto Rs. 180000	NIL	NIL	NIL	NIL
Rs. 180000 to Rs. 500000	10% of (total income - Rs. 180000)	NIL	2%	1%
Rs. 500000 to Rs. 800000	Rs. 32000 + 20% of (total income - Rs. 500000)	NIL	2%	1%
Above 800000	Rs. 92000 + 30% of (total income - Rs. 800000)	NIL	2%	1%

Individual (FEMALE)
Upto Rs. 190000	NIL	NIL	NIL	NIL
Rs. 190000 to Rs. 500000	10% of (total income - Rs. 190000)	NIL	2%	1%
Rs. 500000 to Rs. 800000	Rs. 31000 + 20% of (total income - Rs. 500000)	NIL	2%	1%
Above Rs. 800000	Rs. 91000 + 30% of (total income - Rs. 800000)	NIL	2%	1%

Individual (SENIOR CITIZEN) *(Above 60 years but below 80 years)*
Upto Rs. 250000	NIL	NIL	NIL	NIL
Rs. 250000 to Rs. 500000	10% of (total income - Rs. 250000)	NIL	2%	1%
Rs. 500000 to Rs. 800000	Rs. 25000 + 20% of (total income - Rs. 500000)	NIL	2%	1%
Above Rs 800000	Rs. 85000 + 30% of (total income - Rs. 800000)	NIL	2%	1%

Individual (VERY SENIOR CITIZEN) *(Above 80 years)*
Upto Rs. 500000	NIL	NIL	NIL	NIL
Rs. 500000 to Rs. 800000	20% of (total income - Rs. 500000)	NIL	2%	1%
Above Rs 800000	Rs. 60000 + 30% of (total income - Rs. 800000)	NIL	2%	1%