Income tax benefits

Income tax rates for the assessment year 2011-2012 (The financial year 2010-2011)

Income tax rates for assessment year 2011-2012 (Financial year 2010-2011)

Education Cess: An additional surcharge called “Education cess” at the rate of 2% on the amount of income tax and surcharge (if any) in all cases shall be levied.

Secondary and higher: An additional surcharge, called the “Secondary and Higher education cess on income tax at the rate of 1% of income tax and surcharge ( Not including the education cess on income tax) in all cases shall be levied. Read more about Income tax rates