Income Tax Slab And Advance Tax Payable

Income Tax Slab
For the Financial Year 2011-12
Assessment Year 2012-13
Tax Rate	Man	Woman	Senior Citizen*	Very Senior Citizen**
Tax Free	180000	190000	250000	500000
Tax @ 10 %	(500000-180000)	(500000-190000)	(500000-250000)	-
Tax @ 20 %	(800000-500000)	(800000-500000)	(800000-500000)	(800000-500000)
Tax @ 30 %	Above 800000	Above 800000	Above 800000	Above 800000
* Age is more than 60 year treat as Senior Citizen
** Age is more than 80 year treat as Very Senior Citizen
3 % Surcharge is Also include in Tax Payable
When Income Tax Payable is More than 10000 in the year the Advance Income Tax paid by Assesse to time to time as follow
For  Individual Assesse
On or before 15 September - not less than 30% of tax payable
On or before 15 December - not less than 60% of tax payable
On or before 15 March - not less than 100% of tax payable
Download Form No -280 For the Deposit Income Tax and Deposit it Online Nationalize Bank