Income tax slab ay 2013 14 pdf file

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 rates. Download indian income tax calculator fy 2014 in excel. India income tax slabs for assessment year 20 14 financial year 2012 20 general tax payers income tax slab in rs. Latest income tax slabs and rates for fy 2012 and as 2014.

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 rates for fy financial year 2012 ay assessment year 2014,for individuals,men, women, senior citizens, hufs and other categories. Income tax ratesslab for assessment year 201415 previous year 2014 rates %age. 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. In the case of a person being an individual where the total income includes income chargeable to income tax, under the head. The category of women below the age of 65 years has been removed. The last date of filing income tax return ay 20152016 has been extended from 31 st july to 31 st august 2015. Income tax rates 20142015 for filing individual tax returns. May 14, 2020 due to the hike in cess, the tax liability for the highest slab assuming an income of rs 15 lakh has increased by rs 2,625. Every year the income tax rates are changed and it is important to get the latest income tax rates. Tax calculator will make your income tax calculation very easy. Income tax slabs income tax rates and deductions for fy 2014. Tax exemption limit raised to rs 2 lakhs and tax rates has changed for other slabs too. In 2014, income tax department has identified additional 22,09,464 nonfilers who have done high value transactions.

Apr 09, 2018 even if your income is below rs 5 lakh, and if you have any refund claim in your itr then you have to file your taxes online e file. Proposed tax slab for financial year 14 assessment year 14 15 for men below 60 years of age. It can calculate tax for all categories of individuals including senior citizens and very senior citizens. Due dates for filing of income tax returns assessee due date companies required to submit transfer pricing audit report 30nov. Income tax rates slab for assessment year 201415 previous year 20 14 rates %age. This is the income tax slabs for financial year 2012 and the analysis year 20 14. India income tax slabs for assessment year 2014 financial year 201220 general tax payers income tax slab in 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 middle income tax slab, the tax outgo increases by rs 1,125, and there is a nominal increase in the tax liability of rs 125 for lowest income tax slab. Latest income tax slabs rates for fy 2012 and as 2014. The latest income tax slab to calculate your tax for year 2012 20 based on budget 2012 budget. The slides show tax slabs for general tax payers age below 60 years, female tax payers age below 60 years, senior citizens age between 60 to 80 years and super senior citizens age above 80 years.

The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. Full income tax slabs, education cess, surcharge and higher education cess for financial year 2012 are as follows. 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. Income tax slabs for assessment year 2014 financial. Income tax slab rates for individual for fy 201718 ay 201819 income tax slab rates for individual for fy 201617 ay 201718. Incometax slab rates for individual for fy 201516 ay 2016. The slab of income tax rates for fy 2012 ay 2014 is to some extent different from that of slab of fy 1112 ay. Income tax rates for financial year 2012 and ay 2014.

For senior citizens age 60 years or more but less than 80 years. Apr 14, 2020 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 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. In 20, income tax department issued letters to 12,19,832 nonfilers who had done high value transactions. The new and revised income tax slabs and rates applicable for the financial year fy 2014 and assessment year ay 201415 are mentioned below. It is well known fact that tax payers are now required to file their income tax return for the financial year 2012 relevant to the assessment year 20 14. As per 20 budgetfinance act, 20 section 87a of the income tax act, 1961 rebate of rs 2000. Oct 15, 2012 income tax slab rates for financial year 2012 20 i. Calculate indian income tax with our free income tax calculator in excel, according to. 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. Income tax calculator in excel format for assessment year 2014 or financial year 2012 calculates tax payable by you on various source of income. Calculate indian income tax with our free income tax calculator in excel, according to latest assessment year fy 20 14.

For financial 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. Apr 22, 20 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. Tax amendments to file incometax return for ay 2014. Please find given below the forms issued by income tax department for returns filing as per categories mentioned below. 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 1415 for resident senior. New income tax slabs for ay 20 14 for resident senior citizens above 60 years fy 2012 s. Income tax slabs income tax rates fy 2014 av 201415. In the case of a resident individual of sixty years or more but less than eighty years, the basic exemption limit is inr 250,000. Up to 2,00,000 up to 2,00,000 for women up to 2,50,000 for resident individual of 60 years till 80 years. Here are the slabs for the income tax for the income incurring in fy 20 2014. Income tax slabs for financial year 2014 goodreturns. As there was no change in income tax slabs for fy 201516 i.

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. It is well known fact that tax payers are now required to file their incometax return for the financial year 2012 relevant to the assessment year 2014. Highest tax rate including surcharge has come down from 56% in fy 199091 to 30. 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. 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. The previous income tax slab for year 2012 20 can be found here income tax slabs 2012. 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. Income tax rates for fy financial year 2014 ay assessment year 201415,for individuals,men, women, senior citizens, hufs and other categories. May 24, 20 new income tax return forms 2014 assessment year return forms for assessment year 2014. In the case of a resident individual of the age of eighty years or above. We give below the income tax rates and slabs applicable for the fy 201516 or ay 201617. Y 20 14 new income tax slabs for ay 14 15 for resident senior citizens above 60 years fy 20 14 s. Aug 29, 2012 a quick look at income tax slabs in india for financial year 2012 20 and tax assessment year 20 2014. But d o not wait till the last week of august to file your ay 201516 income tax return.

A individual resident who is of the age of 60 years or more but below the age of 80 years at any time during the previous year income tax slab rates a. These rates are subject to enactment of the finance bill 2012. Please give only relevant comments as irrelevant comments are waste of time for yourself and our other readers. Tds calculation sheet in excel and slabs for fy 2014 and. Y 2014 new income tax slabs for ay 1415 for resident senior citizens above 60 years fy 2014 s.

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. Income tax slab for filing tax return on income in india. Here is the ready reckoner of tax slabs for the financial year 20 14 which. 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 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 14 15 for resident senior.

Click here to save tax with hdfc lifes various online insurance products. Calculate your income tax liability, use our excel based income tax calculator. Income tax rates applicable for individuals, hindu undivided family huf, association of persons aop and body of individuals boi in india is as under. Up to 2,00,000 up to 2,00,000 for women up to 2,50,000 for. Income tax slabs fy 2012, ay 2014 in income tax finance minister pranab mukherjee increase the tax exemption limit from rs. 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. Income tax slabs for assessment year 2014 financial year. In addition an rebate of rs 2000 will be available for income less than rs 5 lakhs. 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. The exemption limit for income tax has also increased more than 10 times from rs. Income tax rates for assessment year 20142015 previous year 2014. Tax slab for financial year 201516 assessment year 1617.