Here are the latest slabs for the income tax for the income incurring in FY2011-2012. The assessment year for this slab will be 2012-2013. Income tax slabs 2011-2012 for General tax payers Yearly Income Tax Rate Rs. 0 to 1,80,000 No Tax (0 %) Rs. 1,80,001 to 5,00,000 10% Rs. 5,00,001 to 8,00,000 20% Above […]

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