FY2011-2012. The assessment year for this slab will be 2012-2013.
Income tax slabs 2011-2012 for General tax payers

For individuals
Yearly Income Tax Rate
Rs. 0 to 1,80,000 No Tax (0 %)
Rs. 1,80,001 to 5,00,000 10%
Rs. 5,00,001 to 8,00,000 20%
Above Rs. 8,00,000 30%

Income tax slabs 2011-2012 for Women
Yearly Income Tax Rate
Rs. 0 to 1,90,000 No Tax (0 %)
Rs. 1,90,001 to 5,00,000 10%
Rs. 5,00,001 to 8,00,000 20%
Above Rs. 8,00,000 30%

Income tax slabs 2011-2012 for Senior citizen (60 – 80 years)
Yearly Income Tax Rate
Rs. 0 to 2,50,000 No Tax (0 %)
Rs. 2,50,001 to 5,00,000 10%
Rs. 5,00,001 to 8,00,000 20%
Above Rs. 8,00,000 30%

Income tax slabs 2011-2012 for Very Senior citizen (Above 80 years)
Yearly Income Tax Rate
Rs. 0 to 5,00,000 No Tax (0 %)
Rs. 5,00,001 to 8,00,000 20%
Above Rs. 8,00,000 30%

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Hero motocorp will be launching a new petrol and electric hybrid scooter, at the Delhi Auto Expo.This model will be a concept model and there might be further changes in it till it makes its presence in markets.This scooter will be available for global sales and target primarily the overseas market.

Indian consumers might be a cheaper version and with better fuel efficiency of 100 km per litre.As most of the indian customers are looking for fuel efficient products this scooter can provide a upperhand to the company in this segment.

Hero MotoCorp was trading at Rs1,826, up by 2.18%, with a volume of 0.28 lakh shares on the BSE.

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