1. #1
    Unregistered

    Tax slab for government employees? How avail benefits under the section 80C?

    Iím a central govt employee and have been paying taxes regularly. Please tell me the tax slab for the govt employees. Also suggest me the ways through which I could avail the benefit of tax deduction on my salary under the section 80C. What is the maximum benefit that could be availed under this section.

  2. #2
    G.one Array
    Join Date
    Jul 2012
    Posts
    677

    Re: Tax slab for government employees? How avail benefits under the section 80C?

    Hi guest, Firstly make you clear that there is no separte income tax slabs for the government employees. It is same as it as it applies to other sector employees. Income tax slabs for the financial year 2012-2013 for the General tax payers both male and femaleIncome from -0 to two lakhs there will be No taxIncome above two lakhs to five lakhs tax rate will be 10%Income above five lakhs to 10,00,000, tax rate will be 20% and incomeAbove 10,00,000, tax rate will be 30%. You can get deduction under 80 c if you invest in life insurance of yours own, certain pubilc provident fund etc. The maximum amount allowed for deduction in 80 c is Rs. One lakh. Thanx

  3. #3
    Chittaranjan Array
    Join Date
    Jul 2012
    Posts
    658

    Re: Tax slab for government employees? How avail benefits under the section 80C?

    Tax slabs for GOI employee is as under:-

    1.Upto Rs. 200000/- ................... NIL

    2.From Rs.200001/- Rs.500000/- 10%

    3. " Rs.500001/- Rs.1000000/- 20%

    4. " Rs.1000001/- Rs.ans above 30%

    Under sec 80 c you can save uptp Rs.100000/-investing on ppf,nsc of po,tutionfees,lic premium etc.

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