New India Income Tax slabs for Financial Year 2011-12


The tables given below will help you understand the various tax slabs laid down by the Income Tax Act, 1961 and use the income tax calculator

2011-12 IT slabs for Indian men
Upto ` 1,80,000/-Nil
` 1,80,001/- to ` 5,00,000/- 10 per cent
` 5,00,001/- to ` 8,00,000 20 per cent
Greater than `8,00,000/-30 per cent
2011-12 IT slabs for Indian Senior Citizens
Upto ` 2,50,000/- Nil
` 2,50,001/- to ` 5,00,000/- 10 per cent
` 5,00,001/- to ` 8,00,000 20 per cent
Greater than `8,00,000/-30 per cent


2011-12 IT slabs for Indian women

Upto ` 1,90,000/- Nil
` 1,90,001/- to ` 5,00,000/- 10 per cent
` 5,00,001/- to ` 8,00,000 20 per cent
Greater than `8,00,000/-30 per cent