Income Tax Slabs for FY 2013

The new tax slabs for (April 2012 - March 2013) are:

• Up to 2 lakh rupees - NIL
• 2 lakh - 5 lakh rupees - 10%
• 5 lakh - 10 lakh rupees - 20%
• Above 10 lakh rupees - 30%

This gives savings difference of max 22,000 Rupees compared to the previous years tax slabs (FY 2012).