Income tax rates income tax slabs for ay 2012 individuals and hufs. The new and revised income tax slabs and rates applicable for the financial year fy 201112 and assessment year ay 2012 are mentioned below. Assessment year ay 2012 income tax slabs 20112012 for general tax payers income tax slab in rs. Income tax rates slabs for the financial year 20112012 a. Income tax rates after budget 2012 is available here income tax rate chart slabs for assessment year 201112 and earlier years has been given chart form as under in respect of individual, hufhindu undivided family,boibody of individuals so download the charts for link given below or you can read the same online as shown below. Income tax slab for filing tax return on income in india. Income tax rates for assessment year 202014 previous year 2012.
In case of individual other than ii, iii and iv below and huf. The following it rates were applicable for the financial year ending march 31, 20 financial year 2012assessment year 2014. Each income tax assesse has to file income tax return if his income exceeds the basic. Taxable income in 10% slab maximum tax will be rs 32000. Income tax rates applicable for individuals, hindu undivided family huf, association of persons aop and body of individuals boi in india is as under. Assessment year 2012 , relevant to financial year 201112. There will be no surcharge on income tax payments by individual taxpayers during fy 2012 ay 2014 2. The amount of income tax shall be increased by education cess on income tax at the rate of two percent of the income tax. Income tax rates income tax slabs for assessment year 2012.
Please click on the links below to view the income tax also written shortly as i. Income tax slabs for fy 2012, what are income tax rates for individuals, hufs, firms and corporate. Nonresident individualhuf net income range income tax rates health and education cess up to rs. Income tax rates applicable for the financial year fy 2012 and assessment. Income tax ratesincome tax slab for assessment year 202021 previous year. For individuals below 60 years age, other than woman assessees. Income tax income tax rates ay 2012 fy 2011 referencer. For normal category the simple calculation is as follows. Latest income tax slabs and rates for fy 2012 and as. Tax slab for financial year 201516 assessment year 1617.
The new and revised income tax slabs and rates applicable for the financial year fy. Income tax department income tax return statistics. It is deductible from income tax before calculating education cess. The amount of income tax shall be increased by education cess on income tax at the rate of two per cent of the income tax. Income tax rates for fy financial year 201112 ay assessment year 2012,for individuals,men, women, senior citizens, hufs and other categories.