Income tax slab financial year 2013-14 pdf

Incometax slab rates for individual for fy 201516 ay 2016. Financial year fy duration of one year between 1st april to 31st march of the following year, in which all financial information are reported. Here is the ready reckoner of tax slabs for the financial year 20 14 which. Assessment year 20 14, relevant to financial year 2012. The amount of incometax shall be increased by education cess on income tax at the rate of two per cent of the incometax. Income tax slabs 202021 new income tax slabs, brackets. Income tax rates for financial year 2012 and ay 2014. Tds from salary during financial year 2014 pdf download. Oct 12, 2012 rates of income tax as per finance act, 2012. Assessment year 201415, relevant to financial year 20 14. Tax exemption limit raised to rs 2 lakhs and tax rates has changed for other slabs too. These rates show the amount of tax payable in every dollar for each income bracket for individual taxpayers. Income tax rates applicable for individuals, hindu undivided family huf, association of. Some of the highlights of income tax slab rates for fy 201920 assessment year 202021 income tax slab rates help you decide whether your income is taxable or not.

Please note that the income of financial year 201415 is taxable at the tax rate applicable for assessment year 201516. 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. 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. In the case of a person being an individual where the total income includes income chargeable to income tax, under the head. The tax slab for financial year 20 2014 is the same as that of financial year 2012 20.

The income tax slab fy 1920 is a set of predetermined rates based on which a taxpayer s income is assessed. May 24, 20 new income tax return forms 2014 assessment year return forms for assessment year 2014. New income tax slab for ay 12 new income tax slabs for ay 12 for resident senior citizens above 60 years fy 201112. The table below shows the summary of tax slabs for fy 2014. Income tax slab rates for financial year 2014 assessment. Income tax 2014 changes made in income tax provisions in the union budget 2014 which would affect salaried class income tax structure and provisions relating to central government employees and pensioners for the year 2014 assessment year 201415. 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. Full income tax slabs, education cess, surcharge and higher education cess for financial year 2012 are as follows. Oct 14, 2019 government of india has increased the basic personal income tax exemption limit from rs. Tax slab for financial year 202014 file income tax.

Income tax slabs for financial year 2014 goodreturns. Income tax slab every year amendments are made to the income tax act by proposing a finance bill which directly decides the threshold limits for various tax rates. The finance minister has introduced many changes in the income tax slab rate for financial year 20192020 ay 20202021. For that, it is necessary to learn the tax slab for the current financial year 2014 or assessment year 201415. Income tax 2014 changes in budget affecting salaried class. Assessment year 201415, relevant to financial year 2014. Income tax slab rates for individual for fy 201718 ay 201819 income tax slab rates for individual for fy 201617 ay 201718. 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. Please find given below the forms issued by income tax department for returns filing as per categories mentioned below. Mar 17, 2016 march 1 to 15, 2016 u taxmanns corporate professionals today u vol. Income tax rates for financial year 201617 taxmann.

This is the income tax slabs for financial year 2012 and the analysis year 2014. As per the finance act, 2012, income tax rates applicable for assessment year 20 14 financial year 2012 applicable to individual, huf, is as follows. For individuals below 60 years age including woman assessees. This is the income tax slabs for financial year 2012 and the analysis year 20 14. Income tax slab for financial year 2012 assessment year 20 14 tax man women senior citizen rate in rupees in rupees in rupees 1 0 00 upto 2 00 000 upto 2 00 000. A rebate of rs 2000 will be available for income less than rs 5 lakhs. The new and revised income tax slabs and rates applicable for the financial year fy 201112 and assessment year ay 2012 are mentioned below.

As i have to urgently put up a claim to it dept for refund related to previous 20 years can you please send me the details of entire it slabs surcharge etc from 1991 upto date. Oct 15, 2012 income tax slab rates for financial year 2012 20 i. Income tax slabs income tax rates fy 2014 av 201415. If you need help applying this information to your personal situation, phone us on 28 61. 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. There is a surcharge of 10 per cent on persons whose taxable income exceed rs. In addition an rebate of rs 2000 will be available for income less than rs 5 lakhs. Incometax slab rates for individual for fy 201516 ay. Exemption in income tax for assessment year 2014 f. 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. 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. Union budget 20 14 presented by p chidambaram today kept income tax rates unchanged in view of rising fiscal deficit. 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 of 10% will be payable, if income is above rs 1 crore. Income tax slab rates from ay 199293 to ay 201516 download income tax calculator for a. Individual income tax rates australian taxation office. There will be no surcharge on income tax payments by individual taxpayers during fy 2012 ay 2014. Calculate tax liability for ay 201415 income slabs tax ratesi.

The previous income tax slab for year 2012 20 can be found here income tax slabs 2012. India income tax slabs for assessment year 2014 financial year 201220 general tax payers income tax slab in rs. Income tax slab tells the tax rate at which you have to pay tax on income. Latest income tax slabs in india fy 201617 or as 201718. 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. Dec 18, 20 income tax slab tells the tax rate at which you have to pay tax on income. 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. Dear sir, i had read he report income tax slabs history in india which gives various details from 1991. 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.

The new income tax rates or income tax slabs are effective from april 01, 2012. Every individual want to know how much tax will be payable by him and what income tax slab lying for his salary. Apr 19, 2019 income tax slab for financial year 20 14 ay 201415 finance minister p chidambaram presented the union budget on 28th february, 20. Please note that the income of financial year 20 2014 is taxable at the tax rate applicable for assessment year 20142015. Apr 19, 2020 thus, the effective tax slabs for the financial year 201920 are similar to that of the financial year 201819. Click here to save tax with hdfc lifes various online insurance products. Income tax rates applicable for individuals, hindu undivided family huf, association of persons aop and body of individuals boi in india is as under. The following it rates were applicable for the financial year ending march 31, 20 financial year 2012assessment year 20 14. Income tax slabs for assessment year 2014 financial.

For the purpose of ascertainment of the applicable tax slab, an individual can be classified as follows. New income tax slabs for ay 1415 for resident senior citizens above 60 years. Feb 28, 20 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. Union budget 2014 presented by p chidambaram today kept income tax rates unchanged in view of rising fiscal deficit.

This post is helpful because it is cleanly describe what percent of tax is chargeable under different slab. The latest income tax slab to calculate your tax for year 2012 20 based on budget 2012 budget. Government of india income tax slab rates for ay 202014. However, the interim finance minister piyush goyal has announced that the individuals who are drawing an annual income of up to rs. Income tax slab for financial year 201415 mytaxcafe. 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 the budget 20 announcement the tax slabs has been broadened for men and senior citizens by the indian finance ministry. Here is the ready reckoner of tax slabs for the financial year 2014 which will help you while filing your taxes.