Income tax slab fy 13 14 pdf file

In 20, income tax department issued letters to 12,19,832 nonfilers who had done high value transactions. Now this year, it is expected that this upper limit may be changed to rs. There will be no surcharge on income tax payments by individual taxpayers during fy 2012 ay 2014 2. The previous income tax slab for year 201220 can be found here. Female, senior citizen, salaried employees and more on times of india. This is the income tax slabs for financial year 2012 and the analysis year 2014. Choose the year for, which you are looking forward to calculating your income. Latest income tax slabs and rates for fy 2012 and as. There will be no surcharge on income tax payments by individual taxpayers during fy 2012 ay 20 14 2. Income tax slabs income tax rates and deductions for fy 2014. 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.

Apr 14, 2020 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 exemption limit for income tax has also increased more than 10 times from rs. Check the latest income tax slabs, tax rate for fy 202021. 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. Income tax slabs for financial year 2014 goodreturns. Income tax slab rates for financial year 2014 assessment. Every year the income tax rates are changed and it is important to get the latest income tax rates. 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. For the purpose of ascertainment of the applicable tax slab, an individual can be classified as follows. As per 20 budgetfinance act, 20 section 87a of the income tax act, 1961. 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. Income tax rates for financial year 2012 and ay 2014. Latest updates the latest income tax slabs for 20182019 can be found here income tax slabs 201819.

For such corporate assessees which is required to furnish a report us 92etransfer pricing of the income tax act, 1961. New income tax slabs for ay 20 14 for resident senior citizens above 80 years fy 2012 s. 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 rates applicable for individuals, hindu undivided family huf, association of persons aop and body of individuals boi in india is as under. Income tax slab fy 2017 18, ay 1819 calculation method. Click here to save tax with hdfc lifes various online insurance products. 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. All deductions and rebates are allowable except certain deductions where. Tds calculation sheet in excel and slabs for fy 2014. Here is the ready reckoner of tax slabs for the financial year 2014 which. 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. This is the income tax slabs for financial year 2012 and the analysis year 20 14. Incometax slab rates for individual for fy 201617 ay 2017.

What is income tax, income tax slab for fy 201718, e. 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. In the budget 20 announcement the tax slabs has been broadened for men and senior citizens by the indian finance ministry. Now both men and women would have same income tax slabs.

Union budget 2014 has amended the basic income tax slabs for financial year 201415, however there is no change in the income tax rates. Calculate tax liability for ay 201415 income slabs tax ratesi. To use the income tax calculator for fy 202021, follow the steps mentioned below. There will be no surcharge on income tax payments by individual taxpayers during fy 2012 ay 20 14. Income tax slab for fy 202021 ay 202122 in india tax2win. Proposed tax slab for financial year 14 assessment year 14 15. Latest income tax slabs rates for fy 2012 and as 2014. Mar 16, 2012 now people would be able to save upto rs. In addition an rebate of rs 2000 will be available for income less than rs 5 lakhs. We give below the income tax rates and slabs applicable for the fy 201516 or ay 201617. 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. Mar 16, 2019 admin march 16, 2019 march 16, 2019 no comments on income tax slab rate for fy 2012 pdf income tax rates. Income tax slabs for ay 14 for resident senior citizens above 60 years fy. First fy 2014 fy 2014 means assessment year 201415.

Franklin mf to appoint adviser for fund returns, zomato cuts jobs. Income range tax percentage 1 up to rs 5,00,000 no tax exempt. You can complete filing your incometax return in just 15 minutes using the website or the mobile app. Only tax rebate of 2000 rs has been allowed for income tax slabs between 2lakh5lakh. Slabs for income tax rates are divided in following categories. The latest free income tax calculator to calculate your latest tax and to compare your tax savings. Incometax slab rates for individual for fy 201617 ay. Checkout the latest income tax slabs and rates in india. Union budget 20 14 presented by p chidambaram today kept income tax rates unchanged in view of rising fiscal deficit.

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. Income tax it returns, efiling, tax slab fy 202021. 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. Incometax slab rates for individual for fy 201516 ay 201617 tax expert. Income tax slab fy 2017 18, ay 1819 calculation method explained in hindi. Union budget 2014 presented by p chidambaram today kept income tax rates unchanged in view of rising fiscal deficit. Ay 201617, the following rates were also applicable for fy 201415 ay 201516.

Incometax slab rates for individual for fy 201516 ay. Income tax calculator how to calculate income tax for fy. 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. Surcharge is 10% of the income tax, if net income exceeds rs. Tax slab for financial year 201516 assessment year 1617. The following it rates were applicable for the financial year ending march 31, 20 financial year 2012 assessment year 20 14. The following are the revised tax rates for individuals and business. 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.

Income tax slabs income tax rates fy 2014 av 201415. The new and revised income tax slabs and rates applicable for the financial year fy 2014 and assessment year ay 201415 are mentioned below. 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. Latest income tax slabs in india fy 201617 or as 201718. These rates are subject to enactment of the finance bill 2012. The previous income tax slab for year 201220 can be found here income tax slabs 2012. Income tax slab rates for individual for fy 201718 ay 201819 income tax slab rates for individual for fy 201617 ay 201718. Full income tax slabs, education cess, surcharge and higher education cess for financial year 2012 are as follows. Incometax slab rates for individual for fy 201516 ay 2016. Jul 10, 20 1 efiling has become mandatory for assessees having income more than rs. Highest tax rate including surcharge has come down from 56% in fy 199091 to 30.

Here is the ready reckoner of tax slabs for the financial year 20 14 which. Jul 25, 2017 income tax slab 201718 calculation method explained. Net income range incometax rates health and education cess up to rs. The following it rates were applicable for the financial year ending march 31, 20 financial year 2012assessment year 2014. Tds calculation sheet in excel and slabs for fy 2014 and. In income tax slab for ay 14 15 fy 14, basic tax exemption limits are the same. 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 20 14 ay assessment year 201415,for individuals,men, women, senior citizens, hufs and other categories surcharge and education cess. In the 199900 financial year the medicare levy was classified as an. Subcentral personal income tax ratesnonprogressive systems. Another significant change in this budget was abolishing lower tax slab for women.

In 2014, income tax department has identified additional 22,09,464 nonfilers who have done high value transactions. Please click on the links below to view the income tax also written shortly as i. 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. Individuals below 60 yrs income tax slab rate ay 201819 fy 201718 income tax slab income tax rate income upto rs. For that, it is necessary to learn the tax slab for the current financial year 2014 or assessment year 201415.

Income tax slabs for the individual male below 60 years age for the assessment year 202014 sl no. 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. 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. 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. There are three categories in income tax slabs which is for individual, senior citizen and senior citizen with the age of. 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. All deductions and rebates are allowable except certain deductions where the conditions of filing return within due. Latest income tax slabs and rates for fy 2012 and as 2014. 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.

Individual, hindu undivided family, association of persons, body of individuals, artificial juridical person. Income tax calculator for fy 2014 ay 201415, income tax calculator. You can file tax return us 94 called late return upto 31032016. New income tax slab for ay 12 new income tax slabs for ay 12 for resident senior citizens above 60 years fy 201112. Save income tax easily by learning about income tax slabs and investment.