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Tuesday, February 28, 2012

How to calculate income tax rebate

http://in.answers.yahoo.com/question/index?qid=20110416075019AAT04ta

http://financeminister.in/latest-india-income-tax-slabs

http://law.incometaxindia.gov.in/DIT/Xtras/taxcalc.aspx

http://www.pankajbatra.com/india/income-tax-calculator-financial-year-2010-2011/

http://finotax.com/itax/itax1011.htm

http://www.simpletaxindia.net/2011/02/income-tax-calculator-budget-2011-fy.html



For Men
Upto Rs. 1,80,000/- Nil
Rs. 1,80,001/- to Rs. 5,00,000/- 10 per cent.
Rs. 5,00,001/- to Rs. 8,00,000 20 per cent.
Above Rs. 8,00,000/- 30 per cent.
For Women
Upto Rs. 1,90,000/- Nil
Rs. 1,90,000/- to Rs. 5,00,000/- 10 per cent.
Rs. 5,00,001/- to Rs. 8,00,000 20 per cent.
Above Rs. 8,00,000/- 30 per cent.
For resident individual of 60 years or above (Senior Citizens).
Upto Rs. 2,50,000/- Nil
Rs. 2,50,001/- to Rs. 5,00,000/- 10 per cent.
Rs. 5,00,001/- to Rs. 8,00,000 20 per cent.
Above Rs. 8,00,000/- 30 per cent.
... For resident individual of 80 years or above (Very Senior Citizens).
Upto Rs. 5,00,000/- Nil
Rs. 5,00,001/- to Rs. 8,00,000 20 per cent.
Above Rs. 8,00,000/- 30 per cent.

Read more: http://www.pankajbatra.com/finance/income-tax-calculator-for-2011-2012/#ixzz1lVH6lJCY.