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Income Tax rates 2012-2013

Income Tax Rates for Assessment year 2012-2013 (Previous year 2011-12)

Income Tax Rates/Slab for Assessment Year 2012-13 (Previous Year 2011-12)	Rates/ %age
Up to 1,80,000 Up to 1,90,000 (for women) Up to 2,50,000 (for resident individual of 60 years till 80 years)	Nil
180,001 – 5,00,000 Up to 500,000 (for resident individual of 80 years and above, Tax is nil)	10% Nil
5,00,001 – 8,00,000	20%
8,00,001 upwards	30%

Visit here for Income tax rate for Previous year 2012-2013( assessment year 2013-2014)

Comments

6 responses to “Income Tax rates 2012-2013”

kapil gupta

November 25, 2012

how to tax callculated in recived gift in assismant year 2012-13

Reply
1. Income Tax Buddy
  
  November 28, 2012
  
  Please visit Reply
Ratish Kumar Dey

November 30, 2012

My wife is a LICI and MPKBY & SAS (Post office, Small scale savings) agent. TDS is deducted at the time of paying her commission. She has not been issued the 16A form for the year 2011-12. What to do?

Reply
1. Income Tax Buddy
  
  December 5, 2012
  
  You can file your income tax return by viewing your form 26AS. This form will reflect your TDS deducted, which is sufficient for filing Income tax return. Visit here to find out How to view form 26AS
  
  Reply
Manav

December 16, 2012

I paid Advance Tax around 10 days ago and got a confirmation of the same on the Challan Status Enquiry. However, these details are not visible on my Form 26AS. How long does it take to update?

I also noticed on the TIN-NSDL website that Form 26AS generated at TIN contains refund information processed at TIN upto October 31, 2012 only. Can this be a reason for delay in updating Form 26AS?

All my details (PAN number, name, tax amount, etc.) as shown in the challan status enquiry are right — but it is not reflecting in Part C of my Annual tax statement (form 26AS).

Reply
1. Income Tax Buddy
  
  December 22, 2012
  
  hi, It takes around 15 days for updation in form 26AS.
  
  Reply

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