Friday, March 16, 2012

New Income Tax Slabs for 2012-2013

New Income Tax Slabs for 2012-2013:
1. Income < 2 Lakhs = NIL tax
2. Income > 2 Lakhs & < 5 Lakhs = 10%
3. Income > 5 Lakhs & < 10 Lakhs = 20%
4. Income > 10 Lakhs = 30%.


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