tax on salary in india
If their annual income was anywhere between INR 240,001 and INR 500,000 a tax rate of 10% was levied. For an annual income between 500,001 and 800,000 rupees the tax rate was 20% and for an amount more INR 800,000 a year a rate of 30% was applied.ax slabs for women: The tax exemption limit for women in 2011-12 was INR 190,000 a year. In case their annual income was anywhere between INR 190,000 and 500,000 a tax rate of 10 percent was applied. A tax rate of 20% was applied in case of yearly earnings between 500,001 and 800,000 rupees.