Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Union Budget 2012 – Infographic

19 sec read


 
Union Budget 2012 – Infographic
(source: IBN Live)

Tax Slab

The new tax slabs are:

• Income up to Rs 2 lakh– nil
• Income between Rs 2 lakh to Rs 5 lakh – 10%
• Rs 5-10 lakh – 20%
• Above Rs 10 lakh – 30 %

Also interest of up to Rs 10,000 from saving accounts will be tax-deductible. And deduction of up to Rs 5,000 has been allowed for health checkups.

Budget Tax Saving for Male

Budget Tax Saving for Female

Budget Tax Saving for Senior Citizen

Budget Tax Saving for Very Senior Citizen

Source : Economic Times

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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