Income Tax Rates/Slab for Assessment Year 2013-14 (Previous Year 2012-13) Rates/ %age
Up to 2,00,000
Up to 2,00,000 (for women)
Up to 2,50,000 (for resident individual of 60 years till 80 years)
Nil
200,001 – 5,00,000
Up to 500,000 (for resident individual of 80 years and above, Tax is nil)
10%
Nil
5,00,001 – 10,00,000 20%
10,00,001 upwards 30%

Education Cess of 3% is also applicable to Income Tax computed as per above slab.