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Tax Slab for 2012-13

Dear Sir,

As per the budget of this year for individual income upto Rs.200,000 is exempt from Tax. Further I would like to know apart from this Rs.200,000 how much one can Invest in any saving schemes to expempt from Tax. ie, upto Rs. 200,000 + X Rs.(Investment in saving schemes). So total how much income is exempt from Tax for a salaried person.

Please inform me where I should check for the answer of this question, because before also I asked a question through your forum but, I am not getting the answer for that.

 

Rgds,

RKV

 

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