|
Tax Rates (includes
SURCHARGE AND Education Cess) for assessment year 2012-13
Individuals/HUF/AOP/BOI
|
Income (Rs.)
|
Rate of Tax |
|
Up to 1,80,000
|
Nil |
|
1,80,001-5,00,000
|
10.30 |
|
5,00,001- 8,00,000
|
20.60 |
|
8,00,001 and above
|
30.90 |
For resident Women
(Below 60 yrs. of age)
|
Income (Rs.)
|
Rate of Tax |
|
Up to 1,90,000 |
Nil |
|
1,90,001-5,00,000
|
10.30 |
|
5,00,001- 8,00,000 |
20.60 |
|
8,00,001 and above
|
30.90 |
For resident Senior
Citizen (Above 60 yrs. but below 80 yrs. of age)
|
Income (Rs.)
|
Rate of Tax |
|
Up to 2,50,000 |
Nil |
|
2,50,001-5,00,000 |
10.30 |
|
5,00,001- 8,00,000
|
20.60 |
|
8,00,001 and above |
30.90 |
For resident Senior
Citizen (Above 80 yrs. but below 80 yrs of age)
|
Income (Rs.)
|
Rate of Tax |
|
Up to 5,00,000 |
Nil |
|
5,00,001- 8,00,000
|
20.60 |
|
8,00,001 and above
|
30.90 |
For Firms/LLP/Company
|
Rate of Tax |
| |
Income <
1,00,00,000 |
Income >
1,00,00,000 |
| Firm & LLP
|
30.90
|
30.90 |
| Domestic Company
|
30.90
|
32.44 |
For Co-operative
Societies
|
Income (Rs.)
|
Rate of Tax |
|
Up to 10000
|
10.30 |
|
10001-20000
|
20.60 |
|
20001 and above
|
30.90 |
MAT payable by
Company
|
Income (Rs.)
|
Rate of Tax |
|
In case the adjusted book profits are Less than Rs.
1 crore |
19.055 |
|
In case the adjusted book profits are Greater than
Rs. 1 crore |
20.008 |
DIVIDEND DISTRIBUTION TAX
|
|
Type of Payer |
|
|
Company |
Mutual Funds |
|
|
|
Money Market
Liquid Fund |
Others |
|
Individuals/HUFs
|
16.23% |
27.04% |
13.52% |
|
Others |
16.23% |
32.45% |
32.45% |
Tax rates for Capital
Gains
|
|
for Individual,
HUFs |
Corporates
|
Corporates |
|
|
BOI, AOP, Firm
|
Income
|
Income |
|
|
LLPs |
< 1 crore |
> 1 crore |
|
Listed securities
covered u/s. 10(36) |
NIL |
NIL |
NIL |
|
Listed securities traded on recognised
Stock Exchange not covered under 10(36) |
NIL |
NIL |
NIL |
|
Listed securities not
traded on recognised
Stock Exchange without Indexation |
10.30% |
10.30% |
10.815% |
|
with Indexation |
20.60% |
20.60% |
21.63% |
|
On any other asset |
20.60% |
20.60% |
21.63% |
|
Short-term Capital
Gains |
|
|
|
|
On listed securities
traded on recognised
Stock Exchange or Unit of Equity Oriented Fund |
15.45% |
15.45% |
16.22% |
|
Others |
at applicable
Slab Rates |
30.90% |
32.44% |
Advance
Tax (Where tax payable is Rs. 10,000 OR MOre)
|
Due Date of
Instalment on or before |
Amount payable as a
% of Advance Tax |
|
|
For Companies* |
For Other Assessees |
|
Jun-15 |
15% |
— |
|
Sep-15 |
30% |
30% |
|
Dec-15 |
30% |
30% |
|
Mar-15 |
Balance |
Balance |
Mat also subject to Advance Tax (Circular No. 13 of 2001, 212 ITR (ST) 52.
|
