Save Tax !!! Its High Time

As December is going to end, a salaried person wants to save tax, and he/she is searching for tax saving schemes. Tax saving is an important service of this part of a year. A person can avail a life insurance plan to save their maximum tax. The government of India provided the best tax saving schemes in which we can take its benefit with investing in them. There is lots of Tax saving plans available under the section 80C  in the market today.

Tax Slab  and Saving for Individual Tax Payers - Year 2012-13

Income	Tax rate	Savings
Up to Rs2,00,000	NIL	Rs2,060
Rs2,00,001 to Rs5,00,000	10%	Rs2,060
Rs5,00,001 to Rs10,00,000	20%	Rs2,060
Rs10,00,001 and above	30%	Rs22,660

Tax Slab and Saving For Women Year 2012-13

Income	Tax rate	Savings
Up to Rs2,00,000	NIL	Rs1,030
Rs 2,00,001 to Rs5,00,000	10%	Rs1,030
Rs5,00,001 to Rs10,00,000	20%	Rs1,030
Rs10,00,001 and above	30%	Rs21,630

Tax Slab for Senior Citizens  Year 2012-13

Income	Tax rate	Savings
Up to Rs2,50,000	NIL	NIL
Rs 2,50,001 to Rs5,00,000	10%	NIL
Rs5,00,001 to Rs10,00,000	20%	NIL
Rs10,00,001 and above	30%	Rs20,599

Learn more from our experts. Call us on 60011600 (18 Cities in India) or 9878981166

Remember, a Rupee Saved is a Rupee Earned.

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