Purchase agreement if nay, till the agreement period is over. Income tax slab rates for financial year 201516 assessment. Jul 11, 2014 income tax rate chart income tax slabs as applicable for assessment year 201516 financial year 2014 15 for individual, huf, aop, boi, partnership firms, llp and companies. Income tax slabs and rates for fy 202021 bankbazaar. Latest income tax slabs in india fy 201617 or as 201718. Every year the income tax rates are changed and it is important to get the latest income tax rates. Ca sandeep kanoi income tax rate chart income tax slabs as applicable for assessment year 201516 financial year 201415 for. Cbdt extends due date for filing roi for ay 201415 to 30. The revised tax slabs for salaried employees in maharashtra are as follows. Income tax rates for year 2014, 2012, 20112012, 20112011 for filing. Income tax slabs and rates for fy 2014 ay 2014 15, latest amendment for the assessment year 2014 15 detailed guidance, latest tax computation technics with relevant information about income tax 2014 for those salaried state and central government employees. Following are the due dates for payment of advancetax for f.
Aug 11, 2011 income tax rate slab ay 201112 1011 0910 0607 0809 0708 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. Jul 10, 2014 in this post i restrict my subject towards new tax slabs for fy 2014 15. Although there is no change in the rate of tax, surcharge or cess but the maximum amount which is not chargeable to tax is increased by rs. What is slab rate of income tax for ay 2014 15 for salary income. The new and revised income tax slabs and rates applicable for the financial year fy 201112 and assessment year ay 2012 are mentioned below. In case of companies due date for payment amount of advance tax to be paid on or before 15th june atleas. Meghalaya power distribution corporation limited tariff order for. Income tax slab 201415 i the rates of incometax as applicable for assessment year 201516 in the case of every individual below the age of sixty years or hindu undivided family or every association of persons or body of individuals, whether incorporated or not, or artificial juridical person. However, tax rate is 25% if turnover or gross receipt of the company does not exceed rs. Individual, hindu undivided family, association of persons, body of individuals, artificial juridical person. Income tax slabs and rates fy 2014 it assesment year. We provide you the latest income tax rates in india for everyone and tax benefits for the current financial year 201415, to know more about income tax slab.
Assessment year 201415, relevant to financial year 2014. Fy 2014 15 has seen some changes in the applicability of tax slabs for different entities such as individualshuf, trusts, firms, companies etc. The income tax rates and slabs applicable for the financial year 2014 are same as it was during financial year 2012, except the two major changes which was given below. Due date for filing of return of income for assessment year 201415 extended from 30th september, 2014 to 30th november, 2014 in specified cases as per the. Income tax rates income tax slabs for assessment year. Income tax slabs for assessment year 2014 financial year. Assam tea industry urges centre to keep gst slab under 5%. Income tax rates income tax slabs for assessment year 2012. We give below the income tax rates and slabs applicable for the fy 201516 or ay 201617. Assessment year 201516 income tax slab rates for 1.
Company old tax regime or new tax regime which one to opt. Income tax rate chart income tax slabs as applicable for assessment year 201516 financial year 2014 15 for individual, huf, aop, boi, partnership firms, llp and companies. Representatives of assamas tea industry have launched an appeal to the centre in hopes of convincing them to maintain the gst slab of tea below the concessional rate of 5 per cent. Income tax slabs income tax rates and deductions for fy 2017. Tariffs shall be applicable to consumer categories and as per slab as determined by. Latest income tax slabs and rates for fy 2012 and as. The following it rates were applicable for the financial year ending march 31, 20 financial year 2012assessment year 2014. Maharashtra profession tax revision july 2014 posted by gautham on july 8, 2014. Tax slabs for financial year 2014 15 or assessment year 201516. In the budget 20 announcement the tax slabs has been broadened for men and senior citizens by the indian finance ministry. 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 rates 201819 pdf download ay 201920. Income tax rates in india and comparison with other countries and exemption limits of all.
Surcharge and education cess see note income tax slab rates 201718 pdf download. Latest income tax slabs and rates for fy 2012 and as 2014. This is the official website of central board of direct taxes cbdt, department of revenue, ministry of finance, government of india. The amount of incometax shall be increased by a surcharge at the rate of 10% of such tax, where total income between 50 lakhs and one crore rupees above 1 crore 15% surcharge. Tds rate chart fy 201415 ay 201516 due date of tds payment etds return filing tcs tax collection at source rates fy 201415read more details by tax collection at source tcs rates for f. Applicable tax rates in fy 2012 ay 2014 for individuals april 22, 20 by alok patnia the slab of income tax rates for fy 2012 ay 2014 is to some extent different from that of slab of fy 1112 ay 2012. Every year the income tax rates are changed by the government and every year government charged tax on the new tax slab or on the latest tax slabs.
Save tax with hdfc lifes various online insurance products. This file may not be suitable for users of assistive technology. I have deducted professional tax from payment of salry pertaining to january2019, while paying salry of january2019, on 10. Tax slab for financial year 2014 tax slab for financial year 201415 tax slab for financial. 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. The basic exemption limit has been increased from rs 2 lakh to rs. Latest income tax slabs and rates for fy 2012 and as 2012. The amount of incometax shall be increased by a surcharge at the rate of 10% of such tax, where total income exceeds fifty lakh rupees but does not exceed one crore rupees. Income tax slab for filing tax return on income in india. Income tax rates for financial year 2012 and ay 2014. For individuals below 60 years age including woman assessees.
Oct 15, 2012 income tax slab rates for financial year 201220 i. Union budget 2014 has come with few changes to cheer up for common man. Income tax rates, income tax slabs for assessment year 2012 by vishal vijay gupta and co. Income tax slabs for assessment year 2014 financial year 201220 india income tax slabs for assessment year 2014. Union budget 2014 presented by p chidambaram today kept income tax rates unchanged in view of rising fiscal deficit. As there was no change in income tax slabs for fy 201516 i. For normal category the simple calculation is as follows. Taxable income in 10% slab maximum tax will be rs 32000. General rate slab rate for individual resident aged below 60 yearsnri huf aop boi income slabs tax rates where the taxable income does not exceed rs. Sep 26, 2014 text of press release issued by the cbdt. Income tax slab rates assessment year 201516 accounting. Income tax slab rates 201718 pdf download ay 201819.
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