Income Tax Slab 2011-12

7 Apr    Tax Issue
Resident Individual


Total Income Tax Rules
Upto Rs 180,000 Nil
Rs 180,001 to Rs 500,000 10%
Rs 500,001 to Rs 800,000 20%
Rs 800,001 and above 30%

In the case of a resident individual below the age of sixty years, the basic exemption limit is Rs. 180000

Resident Woman
Total Income Tax Rules
Upto Rs 190,000 Nil
Rs 190,001 to Rs 500,000 10%
Rs 500,001 to Rs 800,000 20%
Rs 800,001 and above 30%

In the case of a resident woman below the age of sixty years, the basic exemption limit is Rs. 190000

Senior Citizen


Total Income Tax Rules
Upto Rs 250,000 Nil
Rs 250,001 to Rs 500,000 10%
Rs 500,001 to Rs 800,000 20%
Rs 800,001 and above 30%

In the case of a resident individual of the age of sixty years or above, but less than eighty years, the basic exemption limit is Rs 250,000.

In the case of a resident individual of the age of eighty years or above, the basic exemption limit is Rs 500,000.

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