A quick look at income tax slabs in India for financial year 2012-2013 and tax assessment year 2013-2014. The slides show tax slabs for general tax payers (age below 60 years), female tax payers (age below 60 years), senior citizens (age between 60 to 80 years ) and super senior citizens (age above 80 years).
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Income Tax Slabs India FY 2012-2013 (AY 2013-2014)
1. Income Tax Slabs
Assessment Year 2013-2014
Financial Year 2012-2013
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2. For general tax payers aged below 60 years
Taxable Income Tax
0 to 2,00,000 No tax
2,00,001 to 5,00,000 10%
5,00,001 to 10,00,000 20%
Above 10,00,000 30%
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3. For senior citizens aged between 60 to 80 years
Taxable Income Tax
0 to 2,50,000 No tax
2,50,001 to 5,00,000 10%
5,00,001 to 10,00,000 20%
Above 10,00,000 30%
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4. For tax payers aged 80 and above
Taxable Income Tax
0 to 5,00,000 No tax
5,00,001 to 10,00,000 20%
Above 10,00,000 30%
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