TAX for CS Exec - JUNE 2011 Exams

AY 2011 -2012

Individual (MALE)

INCOME SLAB

TAX

SURCHARGE

EDU. CESS

HIGHER EDU. CESS

Upto Rs. 160000

NIL

NIL

NIL

NIL

Rs. 160000 to Rs. 500000

10% of (total income  - Rs. 160000)

NIL

2%

1%

Rs. 500000 to Rs. 800000

Rs. 34000 + 20% of (total income - Rs. 500000)

NIL

2%

1%

Above 800000

Rs. 94000 + 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)

Upto Rs. 240000

NIL

NIL

NIL

NIL

Rs. 240000 to Rs. 500000

10% of (total income  - Rs. 240000)

NIL

2%

1%

Rs. 500000 to Rs. 800000

Rs. 26000 + 20% of (total income - Rs. 500000)

NIL

2%

1%

Above Rs 800000

Rs. 86000 + 30% of (total income - Rs. 800000)

NIL

2%

1%