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INCOME TAX FY 2011-12

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ஆண்டுக்கு ரூ.4 லட்சம் வருமானமா? வரியில் இனி, ரூ.7210 மிச்சமாகும் New Income Tax Rates/Slabs for Assesment Year 2012-13 (F Y 2011-12) Income Tax Rates/Slabs Rate (%) Up to 2,00,000 Up to 2,50,000 (for women) Up to 2,50,000 (for resident individual of 65 years or above) NIL 2,00,000 – 5,00,000 10 5,00,001 – 10,00,000 20 10,00,001 upwards 30 Major amendments introduced by Direct Taxation Code (DTC) bill for FY 2011-12: The new code comes into effect from April, 2011. Withdrawal from provident funds will not be taxed. Deduction from available income...