Income Tax slabs for 2011-2012

Time is fast approaching for income tax filing in India. So it is good to know your income tax slabs to decide how much is your income tax liability and also to make plans to save income tax by investing in tax saving instruments to get income tax relief.
The income tax slabs or income tax brackets are different  for woman and senior citizens.

Income Tax slabs for 2011-2012

Income Tax slabs for 2011-2012 year
Income LevelTax Rate
Upto 1.80 lakhNil
1.80 lakh - 5 lakh10% of total incoming exceeding 1.80 lakh
5 lakh- 8 lakh32,000 plus 20% of the amount by which total income exceeds 5 Lakh
8 lakh and Above92,000 plus 30% of the amount by which total income exceeds 8 lakh
Income tax slabs for Women
Upto 1.90 lakhNil
1.90 lakh - 5 lakh10% of total income exceeding 1.90 lakh
5 lakh- 8 lakh31,000 plus 20% of the amount by which total income exceeds 5 Lakh
8 lakh and Above91,000 plus 30% of the amount by which total income exceeds 8 lakh
Income tax slabs for Senior Citizens ( 60-79)
upto 2.50 lakhNil
2.50 lakh to 5 lakh10% of total income exceeding 2.50 lakh
5 lakh- 8 lakh25,000 plus 20% of the amount by which total income exceeds 5 Lakh
8 lakh and Above85,000 plus 30% of the amount by which total income exceeds 8 lakh
Income Tax slabs for Very Senior Citizen ( Above 80 years of age
Upto 5 lakhNil
5 lakh- 8 lakh20% of the amount by whih total income exceeds 5 Lakh
8 lakh and Above60,000 plus 30% of the amount by which total income exceeds 8 lakh
All Assesses need to pay extra education cess of 3 percent on the total income tax