Direct Tax Code in 2011-2012, India - Proposed

Income Tax rates or Tax Slabs under Direct Tax Code : Table

Direct Tax Code slabs, 2011-2012, Men

Income: upto 1.6 lacs	no income tax
Income : 1.6 lacs to 10 lacs	10 %
Income : 10 lacs to 25 lacs	20 %
Income : above 25 lacs	30 %

Direct Tax Code slabs 2011-2012, Women

Income : upto 1.9 lacs	NO TAX
Income : 1.9 lacs to 10 lacs	10 %
Income : 10 lacs to 25 lacs	20 %
Income : above 25 lacs	30 %

Direct Tax Code slabs 2011-2012, Senior Citizen

Income : upto 2.4 lacs	NO TAX
Income : 2.4 lacs to 10 lacs	10 %
Income : 10 lacs to 25 lacs	20 %
Income : above 25 lacs	30 %