Tax Slab for salaried class people after Budget 2012

Indian Finance minister declared new slab for salary class people in budget 2012.

New Slab as follows.


Income tax slab (in Rs.)

Tax
0 to 2,00,000
No Tax
2,00,001 to 5,00,000
10%
5,00,001 to 10,00,000
20%
Above 10,00,000
30%
Education Cess 2%
Secondary and Higher Education Cess 1%