Latest Income tax slabs: for Financial Year 2013-2014

This is an easy to use table of the latest income tax slab rate for individuals for year 2013-2014. It is per union budget 2013-2014 presented on 28 February 2013.  
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India Income tax slabs 2013-2014 for General tax payers and Women. Income tax slab (in Rs.)Tax

0 to 2,00,000 No tax
2,00,001 to 5,00,000 10%
5,00,001 to 10,00,000 20%
Above 10,00,000 30%

India Income tax slabs 2013-2014 for Senior citizens (Aged 60 years but less than 80 years) Income tax slab (in Rs.)Tax

0 to 2,50,000 No tax
2,50,001 to 5,00,000 10%
5,00,001 to 10,00,000 20%
Above 10,00,000 30%

India Income tax slabs 2013-2014 for very senior citizens (Aged 80 and above)
Income tax slab (in Rs.) Tax

0 to 5,00,000 No tax
5,00,001 to 10,00,000 20%
Above 10,00,000 30%

- In addition an rebate of Rs 2000 will be available for income less than Rs 5 lakhs.
- Income above 1 crore to attract 10% tax surcharge.

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