Income Tax Rates Slabs
Some people have a lots of confusion in mind about income tax rates/slabs like which income tax slab applicable to this assessment year, financial year etc. Majority of peoples are confused to applicable income tax rates/slabs on particular assessment year. So this is the static page of income tax slab/rates applicable in India for last 10 years.
Income Tax Rates / Slabs in India as per Assessment Year (A.Y)
Income Tax Rates/Slabs for A.Y. (2012-13)
Men
| Slab (Rs.) | Tax (Rs.) |
| less than 1,80,000 | Nil |
| 1,80,000 to 5,00,000 | (TI – 1,80,000) * 10% |
| 5,00,000 to 8,00,000 | 32,000 + (TI – 5,00,000) * 20% |
| Greater than 8,00,000 | 92,000 + (TI – 8,00,000) * 30% |
Women
| Slab (Rs.) | Tax (Rs.) |
| less than 1,90,000 | Nil |
| 1,90,000 to 5,00,000 | (TI – 1,90,000) * 10% |
| 5,00,000 to 8,00,000 | 31,000 + (TI – 5,00,000) * 20% |
| Greater than 8,00,000 | 91,000 + (TI – 8,00,000) * 30% |
Senior Citizens
| Slab (Rs.) | Tax (Rs.) |
| less than 2,40,000 | Nil |
| 2,40,000 to 5,00,000 | (TI – 2,40,000) * 10% |
| 5,00,000 to 8,00,000 | 26,000 + (TI – 5,00,000) * 20% |
| Greater than 8,00,000 | 86,000 + (TI – 8,00,000) * 30% |
Income Tax Rates/Slabs for A.Y. (2011-12)
Men
| Slab (Rs.) | Tax (Rs.) |
| less than 1,60,000 | Nil |
| 1,60,000 to 5,00,000 | (TI – 1,60,000) * 10% |
| 5,00,000 to 8,00,000 | 34,000 + (TI – 5,00,000) * 20% |
| Greater than 8,00,000 | 94,000 + (TI – 8,00,000) * 30% |
Women
| Slab (Rs.) | Tax (Rs.) |
| less than 1,90,000 | Nil |
| 1,90,000 to 5,00,000 | (TI – 1,90,000) * 10% |
| 5,00,000 to 8,00,000 | 31,000 + (TI – 5,00,000) * 20% |
| Greater than 8,00,000 | 91,000 + (TI – 8,00,000) * 30% |
Senior Citizens
| Slab (Rs.) | Tax (Rs.) |
| less than 2,40,000 | Nil |
| 2,40,000 to 5,00,000 | (TI – 2,40,000) * 10% |
| 5,00,000 to 8,00,000 | 26,000 + (TI – 5,00,000) * 20% |
| Greater than 8,00,000 | 86,000 + (TI – 8,00,000) * 30% |
Income Tax Rates/Slabs for A.Y. (2010-11)
| Slab (Rs.) | Tax (Rs.) |
| less than 1,60,000 | Nil |
| 1,60,000 to 3,00,000 | (TI – 1,60,000) * 10% |
| 3,00,000 to 5,00,000 | 14,000 + (TI – 3,00,000) * 20% |
| Greater than 5,00,000 | 54,000 + (TI – 5,00,000) * 30% |
Women aged 65 years or less
| Slab (Rs.) | Tax (Rs.) |
| less than 1,90,000 | Nil |
| 1,90,000 to 3,00,000 | (TI – 1,90,000) * 10% |
| 3,00,000 to 5,00,000 | 11,000 + (TI – 3,00,000) * 20% |
| Greater than 5,00,000 | 51,000 + (TI – 5,00,000) * 30% |
Senior Citizens (Individuals aged above 65 years)
| Slab (Rs.) | Tax (Rs.) |
| less than 2,40,000 | Nil |
| 2,40,000 to 3,00,000 | (TI – 2,40,000) * 10% |
| 3,00,000 to 5,00,000 | 6,000 + (TI – 3,00,000) * 20% |
| Greater than 5,00,000 | 46,000 + (TI – 5,00,000) * 30% |
Income Tax Rates/Slabs for A.Y. (2009-10)
| Slab (Rs.) | Tax (Rs.) |
| less than 1,50,000 | Nil |
| 1,50,000 to 3,00,000 | (TI – 1,50,000) * 10% |
| 3,00,000 to 5,00,000 | 15,000 + (TI – 3,00,000) * 20% |
| Greater than 5,00,000 | 55,000 + (TI – 5,00,000) * 30% |
Women aged 65 years or less
| Slab (Rs.) | Tax (Rs.) |
| less than 1,80,000 | Nil |
| 1,80,000 to 3,00,000 | (TI – 1,80,000) * 10% |
| 3,00,000 to 5,00,000 | 12,000 + (TI – 3,00,000) * 20% |
| Greater than 5,00,000 | 52,000 + (TI – 5,00,000) * 30% |
Senior Citizens (Individuals aged above 65 years)
| Slab (Rs.) | Tax (Rs.) |
| less than 2,25,000 | Nil |
| 2,25,000 to 3,00,000 | (TI – 2,25,000) * 10% |
| 3,00,000 to 5,00,000 | 7,500 + (TI – 3,00,000) * 20% |
| Greater than 5,00,000 | 47,500 + (TI – 5,00,000) * 30% |
Income Tax Rates/Slabs for A.Y. (2008-09)
| Slab (Rs.) | Tax (Rs.) | Surcharge on Income Tax (if TI > Rs. 10 Lakhs) |
| less than 1,10,000 | Nil | Nil |
| 1,10,000 to 1,50,000 | (TI – 1,10,000) * 10% | 10% |
| 1,50,000 to 2,50,000 | 4,000 + (TI – 1,50,000) * 20% | 10% |
| Greater than 2,50,000 | 24,000 + (TI – 2,50,000) * 30% | 10% |
Women aged 65 years or less
| Slab (Rs.) | Tax (Rs.) | Surcharge on Income Tax (if TI > Rs. 10 Lakhs) (Rs.) |
| less than 1,45,000 | Nil | Nil |
| 1,45,000 to 1,50,000 | (TI – 1,45,000) * 10% | 10% |
| 1,50,000 to 2,50,000 | 500 + (TI – 1,50,000) * 20% | 10% |
| Greater than 2,50,000 | 20,500 + (TI – 2,50,000) * 30% | 10% |
Senior Citizens (Individuals aged above 65 years)
| Slab (Rs.) | Tax (Rs.) | Surcharge on Income Tax (if TI > Rs. 10 Lakhs) (Rs.) |
| less than 1,95,000 | Nil | Nil |
| 1,95,000 to 2,50,000 | (TI – 1,95,000) * 20% | 10% |
| Greater than 2,50,000 | 11,000 + (TI – 2,50,000) * 30% | 10% |
Education Cess has to be added on Income-tax and Surcharge @ 2% from AY 2004-05 and 3% from AY 2007-08
Income Tax Rates/Slabs for A.Y. (2006-07 & 2007-08)
| Slab (Rs.) | Tax (Rs.) | Surcharge on Income Tax (if TI > Rs. 10 Lakhs) |
| less than 1,00,000 | Nil | Nil |
| 1,00,000 to 1,50,000 | (TI – 1,00,000) * 10% | 10% |
| 1,50,000 to 2,50,000 | 5,000 + (TI – 1,50,000) * 20% | 10% |
| Greater than 2,50,000 | 25,000 + (TI – 2,50,000) * 30% | 10% |
Women aged 65 years or less
| Slab (Rs.) | Tax (Rs.) | Surcharge on Income Tax (if TI > Rs. 10 Lakhs) (Rs.) |
| less than 1,35,000 | Nil | Nil |
| 1,35,000 to 1,50,000 | (TI – 1,35,000) * 10% | 10% |
| 1,50,000 to 2,50,000 | 1,500 + (TI – 1,50,000) * 20% | 10% |
| Greater than 2,50,000 | 21,500 + (TI – 2,50,000) * 30% | 10% |
Senior Citizens (Individuals aged above 65 years)
| Slab (Rs.) | Tax (Rs.) | Surcharge on Income Tax (if TI > Rs. 10 Lakhs) (Rs.) |
| less than 1,85,000 | Nil | Nil |
| 1,85,000 to 2,50,000 | (TI – 1,85,000) * 20% | 10% |
| Greater than 2,50,000 | 13,000 + (TI – 2,50,000) * 30% | 10% |
Income Tax Rates/Slabs for A.Y. (2004-05 & 2005-06)
| Slab (Rs.) | Tax (Rs.) | Surcharge on Income Tax (If TI > Rs.8.50 Lakhs) (Rs.) |
| less than 50,000 | Nil | Nil |
| 50,000 to 60,000 | (TI – 50,000) * 10% | 10% |
| 60,000 to 1,50,000 | 1,000 + (TI – 60,000) * 20% | 10% |
| Greater than 1,50,000 | 19,000 + (TI – 1,50,000) * 30% | 10% |
Income Tax Rates/Slabs for A.Y. (2003-04)
| Slab (Rs.) | Tax (Rs.) | Surcharge on Income Tax (If TI > Rs. 60,000) (Rs.) |
| Less than 50,000 | Nil | Nil |
| 50,000 to 60,000 | (TI – 50,000) * 10% | 5% |
| 60,000 to 1,50,000 | 1,000 + (TI – 60,000) * 20% | 5% |
| Greater than 1,50,000 | 19,000 + (TI – 1,50,000) * 30% | 5% |
Income Tax Rates/Slabs for A.Y. (2002-03)
| Slab (Rs.) | Tax (Rs.) | Surcharge on Income Tax (If TI > Rs. 60,000) |
| Less than 50,000 | Nil | Nil |
| 50,000 to 60,000 | (TI – 50,000) * 10% | 2% |
| 60,000 to 1,50,000 | 1,000 + (TI – 60,000) * 20% | 2% |
| Greater than 1,50,000 | 19,000 + (TI – 1,50,000) * 30% | 2% |
Income Tax Rates/Slabs for A.Y. (2001-02)
| Slab (Rs.) | Tax (Rs.) | Surcharge TI > 60,000 | Surcharge TI > 1,50,000 |
| Less than 50,000 | Nil | Nil | Nil |
| 50,000 to 60,000 | (TI – 50,000) * 10% | 12% | 17% |
| 60,000 to 1,50,000 | 1,000 + (TI – 60,000) * 20% | 12% | 17% |
| Greater than 1,50,000 | 19,000 + (TI – 1,50,000) * 30% | 12% | 17% |
