Income Tax Rates during financial year 2013-14 in india is listed as below:-
- Income Upto Rs 2,00,000/- : 0%
- Income Above Rs 2,00,000/- and upto 5,00,000/- : 10%
- Income Above Rs 5,00,000/- and upto 10,00,000/- : 20%
- Income Above Rs 10,00,000/- : 30%
Income Tax (say) : X
Rebate on TAX : Rs 2,000/-
Edu. Cess: 02% on IncomeTax
H.Edu. Cess: 01% on IncomeTax
Net Income Tax : (X-2000)*1.03
Rebate on TAX : Rs 2,000/-
Edu. Cess: 02% on IncomeTax
H.Edu. Cess: 01% on IncomeTax
Net Income Tax : (X-2000)*1.03
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