Act Rules Forms Ready Reckoner Onli ne Faci li ti es Tax Calculator
Resident Super Seni or Ci tizen (Age Morethan 80 Years by
31.03.2013) Total Income Tax Rate Formula Upt o Rs. 5, 00, 000 -- -- Rs. 5, 00, 001 t o Rs. 10, 00, 000 20% (Tot al I ncome - 5, 00, 000) * (20 / 100) Above Rs. 10, 00, 000 30% (( Tot al I ncome - 10, 00, 000) * ( 30 / 100)) + Rs. 1, 00, 000 Not e1 - The Above I ncome Tax Shall be I ncreased by a Educat ion cess of 2% Of I ncome Tax Calculat ed Above. Furt her I ncreased by Seconday Higher Educat ion cess of 1% of I ncome Tax Calculat ed. Not e2 - Surcharge is Not Applicable f or I ndividuals f or Financial Year 2012-13 / Assessment Year 2013-14 Resident Senior Citizen (Age Morethan 60 Years But Lessthan 80 Years by 31.03.2013) Total Income Tax Rate Formula Upt o Rs. 2, 50, 000 -- -- Rs. 2, 50, 001 t o Rs. 5, 00, 000 10% (Tot al I ncome - 2, 50, 000) * (10 / 100) Rs. 5, 00, 001 t o Rs. 10, 00, 000 20% (( Tot al I ncome - 5, 00, 000) * (20 / 100)) + Rs. 1, 25, 000 Above Rs. 10, 00, 000 30% (( Tot al I ncome - 10, 00, 000) * ( 30 / 100)) + Rs. 1, 25, 000 Not e1 - The Above I ncome Tax Shall be I ncreased by a Educat ion cess of 2% Of I ncome Tax Calculat ed Above. Furt her I ncreased by Seconday Higher Educat ion cess of 1% of I ncome Tax Calculat ed. Not e2 - Surcharge is Not Applicable f or I ndividuals f or Financial Year 2012-13 / Assessment Year 2013-14 Resident Male, Female(Apart from Resident Senior Ci ti zen TAX RATES FOR FINANCIAL YEAR 2012-13 / ASSESSMENT YEAR 2013-14 Congratulations! - We are giving Indian user to have a chance to win An iPhone 5, Note 3, Note 2, S4 Take a 3 Second survey!! explore INCOME TAX.com http://www.exploreincometax.com/Income-tax-Ready-Reckoners/tax-rates... 1 of 2 03-Jul-14 9:36 AM /Super Senior Citizen), Non Resident & HUF/AOP /BOI/Arti fi cial Juridical Person Total Income Tax Rate Formula Upt o Rs. 2, 00, 000 -- -- Rs. 2, 00, 001 t o Rs. 5, 00, 000 10% (Tot al I ncome - 2, 00, 000) * (10 / 100) Rs. 5, 00, 001 t o Rs. 10, 00, 000 20% (( Tot al I ncome - 5, 00, 000) * (20 / 100)) + Rs. 30, 000 Above Rs. 10, 00, 000 30% (( Tot al I ncome - 10, 00, 000) * ( 30 / 100)) + Rs. 1, 30, 000 Not e1 - The Above I ncome Tax Shall be I ncreased by a Educat ion cess of 2% Of I ncome Tax Calculat ed Above. Furt her I ncreased by Seconday Higher Educat ion cess of 1% of I ncome Tax Calculat ed. Not e2 - Surcharge is Not Applicable f or I ndividuals f or Financial Year 2012-13 / Assessment Year 2013-14 About Di scl ai mer Pri vacy Pol i cy Feedback Cont act 2013 www.exploreincometax.com http://www.exploreincometax.com/Income-tax-Ready-Reckoners/tax-rates... 2 of 2 03-Jul-14 9:36 AM