2011-12 Budget - What You Save
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| MALE TAXPAYER | |||
| INCOME (` ) | Tax you pay as per 2010-11 | PROPOSED TAX 2011-12 | SAVING |
| 100,000 | Nil | Nil | Nil |
| 200,000 | 4,120 | 2,060 | 2,060 |
| 300,000 | 14,420 | 12,360 | 2,060 |
| 500,000 | 35,020 | 32,960 | 2,060 |
| 700,000 | 76,220 | 74,160 | 2,060 |
| 1,000,000 | 158,620 | 156,560 | 2,060 |
| 1,500,000 | 313,120 | 311,060 | 2,060 |
| 2,000,000 | 467,620 | 465,560 | 2,060 |
| 2,500,000 | 622,120 | 620,060 | 2,060 |
| 3,000,000 | 1,394,620 | 1,392,560 | 2,060 |
| SENIOR CITIZEN (60-79) | |||
| INCOME (` ) | Tax you pay as per 2010-11 | PROPOSED TAX 2011-12 | SAVINGS |
| 100,000 | Nil | Nil | Nil |
| 200,000 | Nil | Nil | Nil |
| 300,000 | 6,180 | 5,150 | 1,030 |
| 500,000 | 26,780 | 25,750 | 1,030 |
| 700,000 | 67,980 | 66,950 | 1,030 |
| 1,000,000 | 150,380 | 149,350 | 1,030 |
| 1,500,000 | 304,880 | 303,850 | 1,030 |
| 2,000,000 | 459,380 | 458,350 | 1,030 |
| 2,500,000 | 613,880 | 612,850 | 1,030 |
| 3,000,000 | 1,386,380 | 1,385,350 | 1,030 |
| VERY SENIOR CITIZEN (80 & ABOVE) | |||
| INCOME (` ) | Tax you pay as per 2010-11 | PROPOSED TAX 2011-12 | SAVINGS |
| 100,000 | Nil | Nil | Nil |
| 200,000 | Nil | Nil | Nil |
| 300,000 | 6,180 | Nil | 6,180 |
| 500,000 | 26,780 | 0 | 26,780 |
| 700,000 | 67,980 | 41,200 | 26,780 |
| 1,000,000 | 150,380 | 123,600 | 26,780 |
| 1,500,000 | 304,880 | 278,100 | 26,780 |
| 2,000,000 | 459,380 | 432,600 | 26,780 |
| 2,500,000 | 613,880 | 587,100 | 26,780 |
| 3,000,000 | 1,386,380 | 1,359,600 | 26,780 |
Last Updated on 05/13/2011
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