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Thursday, January 3, 2013

Income Tax Slab / Rate for FY 2012 - 2013

Below are the new income tax slabs for FY 2012-13:

General (Both for Men and Women) Tax Slabs
Income Tax Slab (in Rs.)Tax
Upto Rs. 2 lakhNo Tax
Rs. 2 Lakhs to Rs. 5 Lakhs10%
Rs. 5 Lakhs to Rs. 10 Lakhs20%
Above Rs. 10 Lakhs30%

Senior Citizens (Aged 60 years but less than 80 years)
Income Tax Slab (in Rs.) Tax
Upto Rs. 2.5 LakhNo Tax
Rs. 2.5 Lakhs to Rs. 5 Lakhs 10%
Rs. 5 Lakhs to Rs. 10 Lakhs20%
Above Rs. 10 Lakhs30%

Very Senior Citizen (Above 80 years)
Income Tax Slab (in Rs.)Tax
Upto Rs. 5 LakhNo Tax
Rs. 5 Lakhs to Rs. 10 Lakhs20%
Above Rs. 10 Lakhs30%
 
 

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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

  1. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online
 

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Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

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