Income tax slab for ay 2013 14 pdf free

Income tax return form ay 2014 download itr1,itr2,itr. Due date for filling income tax return for financial year 2012 ay 20 14 where audit not required, is 31. Looking for the income tax slabs and rates for the last ten financial years i. Relaxation from compulsory return efiling for certain class. This is the income tax slabs for financial year 2012 and the analysis year 20 14. Income tax slabs fy 2012, ay 20 14 in income tax finance minister pranab mukherjee increase the tax exemption limit from rs. For financial year 2014, additional surcharge called the education cess on incometax and secondary and higher education cess on incometax shall continue to be levied at the rate of two per cent. Income tax slab rates for year 20 14, income tax rates for year 2012, income tax rates for 1011,1112,12, 14 15, income tax rates for individual, income tax rates for salaried persons, income tax rates for company. 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. Exemption in income tax for assessment year 2014 f. 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 2014. Income tax 2014 changes in budget affecting salaried.

The latest income tax slab to calculate your tax for year 2012 20 based on budget 2012 budget. Based on the annual income earned by an individual, the following table. New income tax slabs for ay 20 14 for resident senior citizens above 60 years fy 2012 s. Here is the ready reckoner of tax slabs for the financial year 20 14 which. 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. The amount of income tax shall be increased by education cess on income tax at the rate of 2% percent of the income tax payable by both. The fm has proposed to give a tax deduction of up to rs 10, on interest earned from savings bank accounts. Income tax rates for financial year 2012 and ay 2014. We give below the income tax rates and slabs applicable for the fy 201516 or ay 201617. Anonymous 17 august at anonymous 12 july at income tax slab 20 14 your site informs income tax slab 20 14 tax credit of rs.

Ay 201617, the following rates were also applicable for fy 201415 ay 201516. Income range tax percentage 1 up to rs 2,50,000 no tax exempt 2 2,50,001 to 5,00,000 10% 3 5,00,001 to 10,00,000 20% 4 above 10,00,000 30% new income tax slabs for ay 20 14 for resident senior citizens above 80 years fy 2012. Income tax circular 20 14 circular, income tax 2012 amendment of income tax ordinance section 19. Income tax slabs 202021 new income tax slabs, brackets. Tax calculator will make your income tax calculation very easy.

Applicable tax rates in fy 2012 ay 20 14 for individuals april 22, 20 by alok patnia 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. Finance minister pranab mukherjee increase the tax exemption limit from rs. Highest tax rate including surcharge has come down from 56% in fy 199091 to 30. Every year the income tax rates are changed and it is important to get the latest income tax rates. The amount of income tax as computed in accordance with above rates, and after being reduced by the amount of tax rebate shall be increased by a surcharge at the rate of 5% of such income tax, provided that the taxable income exceeds rs. Union budget 2014 has amended the basic income tax slabs for financial year 201415, however there is no change in the income tax rates, surcharge and cess. Income tax return form for assessment year 20 14 has been released by income tax department vide notification no. View income tax slab and rates for all tax payers for ay 202021, ay 202122 and ay 201920. Tax exemption limit raised to rs 2 lakhs and tax rates has changed for other slabs too. For the purpose of ascertainment of the applicable tax slab, an individual can be classified as follows. View rates for deduction of tds for payments of salary wages and other payments to various payees for ay 202021. For general tax payers including women income slab tax rate 0 to 2,50,000 no tax 2,50,001 to 5,00,000 10% 5,00,001 to 10,00,000 20% above 10,00,000 30% b. Income tax rates slab for last eleven years from fy 201011 ay 201112 to fy 201920 ay 202021 income tax slabs and patterns have been changed each year.

The basic exemption limit has been increased from rs 2 lakh to rs. Due dates for filing of income tax returns assessee due date companies required to. This essentially means people with income up to rs 5 lakhs have reduced tax burden of rs. The current tax year is from 6 april 2019 to 5 april 2020. Download indian income tax calculator fy 2014 in excel. Use our free income tax calculator for getting an idea of how much tax you will be saving compared to last year per the latest tax. Incometax slab rates for individual for fy 201516 ay. Latest income tax slabs rates for fy 2012 and as 2014. As there was no change in income tax slabs for fy 201516 i. Income tax slabs for financial year 2014 goodreturns. The middle class with income of up to rs 5 lakhs would receive tax credit of rs 2,000 for fy 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. Tds calculation sheet in excel and slabs for fy 2014. Income tax slabs for assessment year 2014 financial.

Click here to save tax with hdfc lifes various online insurance products. 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. In addition an rebate of rs 2000 will be available for income less than rs 5 lakhs. Latest income tax slabs and rates for fy 2012 and as. For assessment year 20 14, additional surcharge called the education cess on income tax and secondary and higher education cess on income tax shall continue to be levied at the rate of two per cent. In the budget 20 announcement the tax slabs has been broadened for men and senior citizens by the indian finance ministry. 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 fy 201819 income tax slab rates for ay 201011 fy 200910 resident male individuals aged less than 65 years. Income tax rates slab for last eleven years from fy 2010. Rates of incometax fy 20 14 ay 201415 as per finance act, 20 as per the finance act, 20, income tax is required to be deducted under section 192 of the act from income chargeable under the head salaries for the financial year 20 14 i. Find the income tax slab rates for the last 7 years all at one place 1 f.

The previous income tax slab for year 2012 20 can be found here income tax slabs 2012. Government of india income tax slab rates for ay 202014. Fill up the relevant details to know your tax liability for fy 20 14 income tax slabs for fy 20 14 education cess of 3% surcharge of 10% on rs 1 crore plus income earners tax credit of rs 2,000 for income up to rs 5 lakhs us 87a there are no separate slab for male and female income tax slab tax up to rs. Paripatra2014 income tax paripatra income tax 20 2014. Major changes in income tax returns fy 20 14 or ay 201415 by ankur srivastava uploaded on 06072014 you can give your feedback comments about this article. Union budget 20 14 presented by p chidambaram today kept income tax rates unchanged in view of rising fiscal deficit. Home income tax income tax slabs fy 2012, ay 20 14 income tax slabs fy 2012, ay 20 14 in income tax. Tax slab for financial year 201415 assessment year 1516 for men below 60 years of age for senior citizens age 60 years or more but less than 80 years.

Full income tax slabs, education cess, surcharge and higher education cess for financial year 2012 are as follows. The new and revised income tax slabs and rates applicable for the financial year fy 20 14 and assessment year ay 201415 are mentioned below. Income tax slab rates for individual for fy 201718 ay 201819 income tax slab rates for individual for fy 201617 ay 201718. Please give only relevant comments as irrelevant comments are waste of time for yourself and our other readers. Calculate indian income tax with our free income tax calculator in excel, according to latest assessment year fy 20 14. Income tax slab rates for financial year 2012 20 i. Income tax slab rates for the last 7 years yash shindes. There will be no surcharge on income tax payments by partnership firm and cooperative society while for domestic company surcharge will be 5% and anad 2% on foreign company for fy 2012 ay 20 14.

The new income tax rates or income tax slabs are applicable for the incomes earned or generated from april 01, 2012 to march 31, 20. Tds rate chart fy 2020 2021 ay 20212022 income tax exemptions under various sections. Net income range income tax rates health and education cess up to rs. 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. However, income tax slab 20 14 branded silver jewellery is fully exempted from excise duty. India income tax slabs for assessment year 20 14 financial year 2012 20 general tax payers income tax slab in rs.