Tax and salary calculator for the 2011-2012 financial year. Also calculates your low income tax offset, HELP, SAPTO, and medicare levy. TaxCalc - Calculate your tax. 2011-2012 financial year

PAN is mandatory for filing income tax return with Income tax department and to implement the same Income tax department has come out with additional income tax liability to the assesses who did not provide their PAN in their income tax returns. The Extract of CBDT PR No. 402/92/2006-MC (04/2010) dated 20/01/2010, is as follows.PLEASE CLICK HERE FOR LATEST PERSONAL INCOME TAX RATES. Income Tax Rates applicable for Individuals, Hindu Undivided Family (HUF), Association of Persons (AOP) and Body of Individuals (BOI) in India is as under: Assessment Year 2011-12, Relevant to Financial Year 2010-11. For Individuals below 65 years age, other than Woman Assessees: