New income tax slabs for ay 2014 for resident senior citizens above 60 years fy 2012. Income tax slab rates for individual for fy 201516 ay 201617 tax expert. Taxation trends in the european union 2019 european commission. For individuals below 60 years age including woman assessees. 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. This is the income tax slabs for financial year 2012 and the analysis year 20 14. You can complete filing your income tax return in just 15 minutes using the website or the mobile app. Income tax rates for financial year 2012 and ay 2014. As per 20 budgetfinance act, 20 section 87a of the income tax act, 1961. 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.
Full income tax slabs, education cess, surcharge and higher education cess for financial year 2012 are as follows. The surcharge at the rate of ten percent shall be levied if the total income of the domestic company exceeds ten crore rupees. Click here to save tax with hdfc lifes various online insurance products. Implicit tax rates, split of personal income tax revenues and average effective tax rate. Incometax slab rates for individual for fy 201516 ay. These rates are subject to enactment of the finance bill 2012. In this video we are trying to explain the income tax calculation of partnership firms for fy 201819 ay 201920 with provisions of income tax act related to tax planning for partnership firm.
Tax2win helps individuals to file their income tax return. Tax slab for financial year 201516 assessment year 1617. Assessment year 20 14, relevant to financial year 2012. Health and education cess is levied at the rate of 4% on the. Calculate your income tax liability, use our excel based income tax calculator. Income tax rates for assessment year 202014 previous year 2012. Ay 20 14 fy 2012 it is to be noted that in the financial yearthe slabs and tax rates were kept at the ry level as those in the previous financial year male below 60 years. Income tax slab for filing tax return on income in india. The slab of income tax rates for fy 2012 ay 2014 is to some extent different from that of slab of fy 1112 ay. For that, it is necessary to learn the tax slab for the current financial year 2014 or assessment year 201415. Tax planning for partnership firm ritul patwa fy 2018. 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 income tax rates fy 2014 av 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 products, for the financial year 2014. Income tax rates applicable for individuals, hindu undivided family huf, association of persons aop and body of individuals boi in india is as under. 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 slab rates for individual for fy 201819 ay 201920.
416 772 1255 522 883 587 506 416 704 1405 1218 80 609 1368 1030 301 697 1092 1077 924 384 253 1002 975 401 1438 1400 535 309 1008 1224