The new and revised income tax slabs and rates applicable for the financial year fy 201112 and assessment year ay 2012 are mentioned below. Permanent account number pan every assessee is required to obtain 10 alpha numeric. The national board of revenue nbr is the apex authority for tax administration in bangladesh. Calculation of tds on salary for fy 2014 ay 201415. Income tax slab rates for financial year 201516 assessment year201617 resident super senior citizen who is 80 years or more at any time during the previous year net income range income tax. View income tax slab and rates for all tax payers for ay 202021. Income tax slab rates for ay 201718income tax slab rates for fy 201617income tax slab rates for financial year 201617income tax slab rates for assessment year 201718 income. Income tax slab rates for individualhuf for fy 201415. While filing income tax return is no rocket science, it takes a little bit of hard work. Fy denotes fiscal year and lasts from april to march, while ay stands for assessment year which denotes the year you actually. These rates are applicable on individual assessee, hindu undivided. New income tax slabs for ay 1415 for resident senior citizens above 60 years. Income tax rates income tax slabs for ay 2012 individuals and hufs.
Have a look at the past 25 years income tax slab rates for individuals in india. Income tax slabs income tax rates fy 2014 av 201415. Income tax slab for financial year 201415 mytaxcafe. This article gave overview of income tax for ay 201415. New income tax slab for fy 2014 ay 201415 for resident senior citizens 60 years. Surcharge and education cess see note income tax slab rates 201819 pdf download. Indian finance minister, shri arun jaitley has tabled today, the union general budget 201617 in the parliament. Income tax slabs and rates for fy 2014 income tax slabs for fy 2014 ay 201415.
Income tax slab for financial year 2014 ay 201415 finance minister p chidambaram presented the union budget on 28th february, 20. Please click on the links below to view the income tax also written shortly as i. Below 60 years 60 years and above but below 80 years 80 years and above income tax slab for individuals who are below than 60 years of age. For individuals, huf, association of persons aop and body of individuals boi. Income tax slab rates for last 25 years in india 199293. Income tax slab rate for ay 201819 for individuals. 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 slabs for financial year 201718 assessment year 1718. 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. The amount of incometax shall be increased by a surcharge.
The income tax rates and slabs applicable for the financial year 2014 or for assessment year 201415 are given below. Income tax slab tells the tax rate at which you have to pay tax on income. Latest income tax slab rates for individual resident india. 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. Increase of tax savings through infrastructure bonds may be allowed for up to rs. Highlights of change in direct taxes in the union budget 20 1. Income tax slabs income tax rates fy 201415 av 201516. Income tax amendment for the assessment year 201415.
The latest free income tax calculator to calculate your latest tax and to compare your tax savings. To know options where you can save tax us 80c click here to know more tax saving options beyond 80c click. Income tax slab rates for 2014 and 201415income tax slabrateincome tax slabrate for assessment year 2014 and income tax rates for f. Normal tax rates applicable to a resident individual of the age of 60 years or above at any time during the year but below the age of 80 years. Ca sandeep kanoi income tax rate chart income tax slabs as applicable for assessment year 201516 financial year 201415 for. The latest tax slab for fy 201415 for individualshuf, aopboitrust, firm llp, company, cooperative societies. In case of individual other than ii, iii and iv below and huf. For resident woman who is below 65 years of age at any time during the previous year. Income tax slab for financial year 201415 posted on. Taxpayers will also receive a significant relief if the current tax slab of 10% is extended to. Indian income tax slabs, rates, calculators, itr, challan, tds, pan and other forms in excel fillable pdf, information of i t actrules. Fy 201415 has seen some changes in the applicability of tax slabs for different entities such as. 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.
Income tax slabs and tax rates in india for fy 202021. Income tax ratesslab for assessment year 201718 previous year 201617 income tax rates for financial year 201415 and 20152016 are same, there is. It was established by the father of the nation bangabandhu sheikh mujibur rahman under presidents order no. Latest updates the latest income tax slabs for 20182019 can be found here income tax slabs 201819. For that, it is necessary to learn the tax slab for the current financial year 2014 or assessment year 201415. There are lot of changes in tax rates and cess in the last 25 years. The tax rates discussed in this part are applicable for assessment year 202021 i. Rate of income tax for individual a slab rate assessment year 201415. Income tax slabs 202021 new income tax slabs, brackets. Income tax slab rates for fy 201718 ay 201819 india. Income tax slab for filing tax return on income in india.
All the data listed above is for the fy 202021 and ay 202122. Income tax slab rates 201718 pdf download ay 201819. Income tax rate chart income tax slabs as applicable for assessment year 201516 financial year 201415 for individual, huf, aop, boi, partnership firms, llp and companies. Ay 201516 as proposed by budget 201415 finance bill 201415. Income tax slabs income tax rates and deductions for fy 2017. Tax rates as applicable for different persons for the a.
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. 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. Dear member, the information regarding it for fy 201415 is wrong. The finance minister has introduced many changes in the income tax slab rate for financial year 20192020 ay 20202021. New income tax slabs fy 201415 income tax slabs ay ay. Personal income tax slab changes recommended by the direct tax committee. As per the report, changes have been suggested in the current direct tax system. The amount of incometax shall be further increased by education cess of 3% on incometax. Even if you get your returns filed by your chartered.
Income tax rates for fy financial year 201415 ay assessment year 201516 final,for individuals,men, women, senior citizens, hufs and other categories surcharge and. Income tax slab rates for 2014 and 201415 by shankar bose inspector of incometax mstu, puri 2. Income tax slab rates for assesment year 201718, financial year 201617 as per the union budget presented before parliament on 29th february 2016. Income tax ratesslab for assesment year rate % 201112 f y 201011. The amount of rebate is 100 per cent of income tax or rs.
Income tax slab rates 201819 pdf download ay 201920. The current assessement year is ay 201819 fy 201718. It is deductible from income tax before calculating education cess. According to the committee, the current personal income tax slabs need to be overhauled. Income tax slabs and rates for fy 202021 bankbazaar.