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Showing posts with label budget 2012. Show all posts
Showing posts with label budget 2012. Show all posts

Latest Income Tax Slab for the Financial Year 2012-13

Posted by binu P Friday, March 16, 2012 1 comments

Tax exemption limit raised to 2 lakhs.

 

SL NO

Income

Tax Rate (in %)

1

Upto 2 lakhs

0

2

2 – 5 lakhs

10

3

5 – 10 lakhs

20

4

Above 10 lakhs

30

 
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New income tax slab for F.Y 2012

Watch Live webcast of Union Budget 2012

 

Hon'ble Finance Minister Sri Pranab Mukharjee will be Presenting Union Budget in the Parliament on 16th March, 2012.

 

Watch Budget Live at http://budgetlive.nic.in/

 

The budget speech will start at 11.00 AM.

 union budget 2012 highlights

Union Budget 2012 for Central Government employees:

 

Employees are eagerly waiting whether Tax relief will be there or not . It is expected that some increase will be there in the IT exemption limit.