Income Tax Slabs

Income Tax Slabs for filing tax return for Individuals. These rates are applicable for filing tax return for all Individuals i.e.- salaried, Business and Professionals.

Income Tax Rates for Assessment year 2013-2014 (Previous year 2012-13)

Income Tax Rates/Slab for Assessment Year 2013-14(Previous Year 2012-13)	Rates/ %age
Up to 2,00,000 Up to 2,00,000 (for women) Up to 2,50,000 (for resident individual of 60 years till 80 years)	Nil
200,001 – 5,00,000 Up to 500,000 (for resident individual of 80 years and above, Tax is nil)	10% Nil
5,00,001 – 10,00,000	20%
10,00,001 upwards	30%

Income Tax Rates for Assessment year 2012-2013 (Previous year 2011-12)

Income Tax Rates/Slab for Assessment Year 2012-13 (Previous Year 2011-12)	Rates/ %age
Up to 1,80,000 Up to 1,90,000 (for women) Up to 2,50,000 (for resident individual of 60 years till 80 years)	Nil
180,001 – 5,00,000 Up to 500,000 (for resident individual of 80 years and above, Tax is nil)	10% Nil
5,00,001 – 8,00,000	20%
8,00,001 upwards	30%