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Month: March 2012

Income Tax Slab Rates for AY 2013-2014

Income Tax Slab Rates for AY 2013-2014

Personal Income Tax Rates for the Financial Year 2012-2013 and Assessment Year 2013-2014 The Government of India has increased the basic personal income tax exemption limit from Rs. 180,000 to Rs. 200,000 for the Financial Year 2012-2013 and Assessment Year 2013-2014. The new income tax rates or Income tax slabs are applicable for the incomes earned or generated from April 01, 2012 to March 31, 2013. Here are the personal income tax slab rates for calculating your income tax for…

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