Income tax slab fy 13 14 pdf file

There are three categories in income tax slabs which is for individual, senior citizen and senior citizen with the age of. What is income tax, income tax slab for fy 201718, efiling process as we work to earn our living to fulfill our needs and desires, the government has its own ways of earning money which is, in turn. Incometax slab rates for individual for fy 201516 ay. Income tax slab rates for individualhuf for fy 201819 ay 201920 income tax slab rates for individual for fy 201819 ay 201920 itr1 and itr2 ay 201920 released. Franklin mf to appoint adviser for fund returns, zomato cuts jobs. Latest updates the latest income tax slabs for 20182019 can be found here income tax slabs 201819. Tds calculation sheet in excel and slabs for fy 2014. New income tax slabs for ay 20 14 for resident senior citizens above 80 years fy 2012 s. Income tax slabs for ay 14 for resident senior citizens above 60 years fy. First fy 2014 fy 2014 means assessment year 201415. Income tax slab for fy 202021 ay 202122 in india tax2win.

Incometax slab rates for individual for fy 201516 ay 2016. There are three categories in income tax slabs which is for individual, senior citizen and senior citizen with the age of 80 years and more. The new and revised income tax slabs and rates applicable for the financial year fy 201112 and assessment year ay 2012 are mentioned below. Income tax slab fy 2017 18, ay 1819 calculation method explained in hindi. Every year the income tax rates are changed and it is important to get the latest income tax rates. Hdfc life provides the latest income tax slab rates and deductions in india for tax payers in different age groups and tax benefits offered by its online insurance products, for the financial year 20 14. Checkout the latest income tax slabs and rates in india. Incometax slab rates for individual for fy 201617 ay 2017. Income tax slab fy 2017 18, ay 1819 calculation method. Latest income tax slabs rates for fy 2012 and as 2014. Latest income tax slabs and rates for fy 2012 and as 2014. Jul 25, 2017 income tax slab 201718 calculation method explained. Income tax slab rates for financial year 2014 assessment.

In the 199900 financial year the medicare levy was classified as an. In addition an rebate of rs 2000 will be available for income less than rs 5 lakhs. Different income tax slab rates can also be applicable for specific income head for example longterm capital gains above rs 1 lakh in a financial year from elss will be levied 10 % lgct tax indexation may also apply, this tax slab rate is different from the salary income tax slab rates. In income tax slab for ay 14 15 fy 14, basic tax exemption limits are the same. Ay 201617, the following rates were also applicable for fy 201415 ay 201516. Income tax slabs for financial year 2014 goodreturns. Income tax rates for fy financial year 2014 ay assessment year 201415,for individuals,men, women, senior citizens, hufs and other categories surcharge and education cess.

Net income range incometax rates health and education cess up to rs. For the purpose of ascertainment of the applicable tax slab, an individual can be classified as follows. Income tax slab 201718 ay 201819 budget 2017 from fy 201718, those with annual income between rs 50 lakh to rs 1 crore will be levied a surcharge of 10 per cent. Income tax slabs income tax rates and deductions for fy 2014. Latest income tax slabs and rates for fy 2012 and as. Proposed tax slab for financial year 14 assessment year 14 15.

Union budget 20 14 presented by p chidambaram today kept income tax rates unchanged in view of rising fiscal deficit. In the budget 20 announcement the tax slabs has been broadened for men and senior citizens by the indian finance ministry. Choose the year for, which you are looking forward to calculating your income. Here is the ready reckoner of tax slabs for the financial year 2014 which.

You can complete filing your incometax return in just 15 minutes using the website or the mobile app. Check the latest income tax slabs, tax rate for fy 202021. Income tax slab rates for individual for fy 201718 ay 201819 income tax slab rates for individual for fy 201617 ay 201718. For that, it is necessary to learn the tax slab for the current financial year 2014 or assessment year 201415. All deductions and rebates are allowable except certain deductions where the conditions of filing return within due. Slabs for income tax rates are divided in following categories.

There will be no surcharge on income tax payments by individual taxpayers during fy 2012 ay 20 14 2. To use the income tax calculator for fy 202021, follow the steps mentioned below. All deductions and rebates are allowable except certain deductions where. Save income tax easily by learning about income tax slabs and investment.

There will be no surcharge on income tax payments by individual taxpayers during fy 2012 ay 2014 2. The amount of income tax shall be increased by education cess on income tax at the rate of two per cent of the income tax. Full income tax slabs, education cess, surcharge and higher education cess for financial year 2012 are as follows. Subcentral personal income tax ratesnonprogressive systems. Income tax calculator how to calculate income tax for fy. The following it rates were applicable for the financial year ending march 31, 20 financial year 2012 assessment year 20 14. This is the income tax slabs for financial year 2012 and the analysis year 2014.

Ay 202122 fy 202021 income tax january 12, 2020 understanding bsda basic services demat account demat january 11, 2020 senior citizen savings scheme retirement december 22, 2019 income tax rates. Incometax slab rates for individual for fy 201617 ay. Incometax slab rates for individualhuf for fy 201819 ay 201920. Oct 05, 2017 the slab of income tax rates for fy 2012 ay 20 14 is to some extent different from that of slab of fy 1112 ay 2012. Apr 10, 2018 incometax slab rates for individual for fy 201516 ay 201617 steps to file your indian incometax return quickly with revise correct your incometax return. Please click on the links below to view the income tax also written shortly as i. Click here to save tax with hdfc lifes various online insurance products. Tds calculation sheet in excel and slabs for fy 2014 and. Income tax slabs ay 201011 fy 200910 income tax slabs ay 201112 fy 201011 income tax slabs ay 2012 fy 201112 income tax slabs ay 20 14 fy 2012 income tax slabs ay 201415 fy 20 14 income tax slabs ay 201516 fy 201415 income tax slabs ay 201617 fy 201516 income tax slabs ay 201718 fy 201617 income tax slabs ay 201819 fy 201718 income tax slabs ay 201920. The only benefit this financial year is there is a tax credit of rs 2000 for people having an annual income up to rs 5 lakh.

What is income tax, income tax slab for fy 201718, efiling process as we work to earn our living to fulfill our needs and desires, the government has its own ways of earning money which is, in turn, utilized for creation or betterment of infrastructures for us to avail. Income tax rates for fy financial year 2012 ay assessment year 2014,for individuals,men, women, senior citizens, hufs and other categories surcharge and education cess. Calculate tax liability for ay 201415 income slabs tax ratesi. Income tax rates applicable for individuals, hindu undivided family huf, association of persons aop and body of individuals boi in india is as under. Female, senior citizen, salaried employees and more on times of india. We give below the income tax rates and slabs applicable for the fy 201516 or ay 201617. The new and revised income tax slabs and rates applicable for the financial year fy 2014 and assessment year ay 201415 are mentioned below.

The following are the revised tax rates for individuals and business. We shall be now discussing on importance and income tax deductions under sections 80d, 80dd and 80ddb for the purpose of tax saving which this means that there will be no tax if total income of individual is up to rs. Income tax rates for fy financial year 2012 ay assessment year 20 14,for individuals,men, women, senior citizens, hufs and other categories surcharge and education cess. Now both men and women would have same income tax slabs. Income range tax percentage 1 up to rs 5,00,000 no tax exempt. Income tax slabs for fy 2014 ay 201415 tally knowledge. Tax slab for financial year 201516 assessment year 1617. As there was no change in income tax slabs for fy 201516 i. There will be no surcharge on income tax payments by individual taxpayers during fy 2012 ay 20 14. Income tax it returns, efiling, tax slab fy 202021.

Mar 16, 2012 now people would be able to save upto rs. Income tax rates for fy financial year 20 14 ay assessment year 201415,for individuals,men, women, senior citizens, hufs and other categories surcharge and education cess. Hdfc life provides the latest income tax rates in india for different age groups and tax benefits offered by various life insurance policies, for financial year 20 14. Individuals below 60 yrs income tax slab rate ay 201819 fy 201718 income tax slab income tax rate income upto rs. Union budget 2014 presented by p chidambaram today kept income tax rates unchanged in view of rising fiscal deficit. The previous income tax slab for year 201220 can be found here. Another significant change in this budget was abolishing lower tax slab for women. Nov 18, 2011 income tax rates after budget 2012 is available here income tax rate chart slabs for assessment year 201112 and earlier years has been given chart form as under in respect of individual, hufhindu undivided family,boibody of individuals so download the charts for link given below or you can read the same online as shown below. Latest income tax slabs in india fy 201617 or as 201718.

You can file tax return us 94 called late return upto 31032016. Now this year, it is expected that this upper limit may be changed to rs. Highest tax rate including surcharge has come down from 56% in fy 199091 to 30. This is the income tax slabs for financial year 2012 and the analysis year 20 14. These rates are subject to enactment of the finance bill 2012. The following it rates were applicable for the financial year ending march 31, 20 financial year 2012assessment year 2014. Jul 10, 20 1 efiling has become mandatory for assessees having income more than rs. New income tax slab for ay 12 new income tax slabs for ay 12 for resident senior citizens above 60 years fy 201112. Income tax rates for financial year 2012 and ay 2014. The previous income tax slab for year 201220 can be found here income tax slabs 2012. Only tax rebate of 2000 rs has been allowed for income tax slabs between 2lakh5lakh.

Download it slabs from fy 200809 to fy 201516 file in pdf. The exemption limit for income tax has also increased more than 10 times from rs. Income tax calculator for fy 2014 ay 201415, income tax calculator. Here is the ready reckoner of tax slabs for the financial year 20 14 which. Surcharge is 10% of the income tax, if net income exceeds rs. Income tax slabs for the individual male below 60 years age for the assessment year 202014 sl no. Mar 16, 2019 admin march 16, 2019 march 16, 2019 no comments on income tax slab rate for fy 2012 pdf income tax rates. In 2014, income tax department has identified additional 22,09,464 nonfilers who have done high value transactions. You will be looking for changes in income tax rates,but the news is that there is no change in income tax rates, slabs at all. As per 20 budgetfinance act, 20 section 87a of the income tax act, 1961. Individual, hindu undivided family, association of persons, body of individuals, artificial juridical person. Download it slabs from fy 200809 to fy 201516 file in. What is income tax, income tax slab for fy 201718, e. In 20, income tax department issued letters to 12,19,832 nonfilers who had done high value transactions.