Slab rates for ay 2014 15 pdf files

Having pan card makes it compulsory to file returns. Detailed answer for question what is slab rates ay 201415. Latest income tax slabs and rates for fy 201516 and ay 201617. The document provides you the details of the income tax slab for the financial year 201415.

Filing of income tax returns itr in july 2014 national portal of. Income tax rates applicable for individuals, hindu undivided family huf, association of persons aop and body of individuals boi in india is as under. My query is why i should pay the penalty, since the law is made on 1st april 2017 onwords and not to prior to that. Individuals below 60 yrs income tax slab rate ay 201819 fy 201718 income tax slab income tax rate. Latest income tax slabs and rates for fy 201617 and ay 201718. We give below the income tax rates and slabs applicable for the fy 201516 or ay 201617.

In this post, my concentration is to share you about the latest income tax slab rates for fy 201718 ay 201819 and applicable security transaction tax stt. Surcharge at 10% to be levied in case of individual huf unit. Income tax slab 201718 ay 201819 budget 2017 from fy 201718, those with annual income between rs 50 lakh to rs 1 crore will be levied a surcharge of 10 per cent. As there was no change in income tax slabs for fy 201516 i. Latest income tax slab rates for fy 201718 ay 201819. No surcharges, education cess, secondary and higher education cess for the income up to rs. Every year the income tax rates are changed and it is important to get the latest income tax rates. 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.

Income tax slabs for assessment year 2014 financial. Income tax rates and slabs undergo modification and change every year with the change and addition in the union budgets. Based on the annual income earned by an individual, the following table. Incometax slab rates for individual for fy 201516 ay. 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. New income tax slabs for ay 14 for others men fy 2012. You can complete filing your incometax return in just 15 minutes using the website or the. The payment of bonus act, 1965 bonus act has been recently amended to bring about certain key changes the amendments. Ca ipcc taxation nov 2014 solutions both direct and. The itr forms to file income returns for ay 201415 are as follows. Incometax slab rates for individual for fy 201516 ay 201617. Income tax amendment for the assessment year 201415. In case of individual being a woman resident in india and below the age of 60 years at any time during the previous year. Individual income tax rates for prior years australian taxation office.

Income tax slab rates for ay 20142015 and fy 202014. Income tax slab rates for ay 2017 18 resident, non resident individuals powered by income tax slab rates for ay 2017 18 super senior citizens. Individual, hindu undivided family, association of persons, body of individuals, artificial juridical person. Ay 201617, the following rates were also applicable for fy 201415 ay 201516. Rate of income tax for individual a slab rate assessment year 201415 financial year 2014 assessment year 2014 financial year 2012. Incometax slab rates for individual for fy 201516 ay 201617 tax expert. This year as well, the indian finance minister nirmala sitharaman announced multiple changes that have taken place in the budget.

General rate slab rate for individual resident aged below 60 yearsnri huf aop boi. Maharashtra profession tax revision july 2014 posted by gautham on july 8, 2014. Ca sandeep kanoi income tax rate chart income tax slabs as applicable for assessment year 201516 financial year 201415 for. India income tax slabs for assessment year 2014 financial year 201220 general tax payers income tax slab in rs. List of all incomes exempted from income tax, list of. 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. 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. Income tax slab rates 201819 pdf download ay 201920. In case of individual other than ii, iii and iv below and huf. The government of maharashtra has introduced changes to profession tax rates effective 01july2014. 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 and rates for fy 202021 bankbazaar. 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. In case of an individual resident who is of the age of 60 years or more but. Download pdf files for form 15g, form 15h, form 60, form 61. The basic exemption limit has been increased from rs 2 lakh to rs. The latest tax slab for fy 201415 for individualshuf, aopboitrust, firm llp, company, cooperative societies, local authorities is listed in. We have provided the latest income tax slabs for financial year 2014 or assessment year 201415 almost the slabs and rates for income tax 2014 are similar to previous year i. Income tax rates 20142015 for filing individual tax returns. New rates comes in to effect from this financial year, i. In the following post, we see the rates which are applicable for different entities. The revised tax slabs for salaried employees in maharashtra are as follows. Income tax slabs income tax rates fy 2014 av 201415.

Today i have gone to income tax department to file the return financial year 2014 15 assessment year 201516, whereas the income tax officer has told me to pay penalty rs. Income tax rates for assessment year 20152016 previous year 201415 income tax rates for assessment year 20142015 previous year 2014 income. Income tax amendment for the assessment year 201415 highlights of change in direct taxes in the union budget 20 1. Income tax rates for financial year 2012 and ay 2014. As per the finance act, 2012, incometax is required to be deducted under section 192 of the incometax act 1961 from income chargeable under the head salaries for the financial year 2012 i. Income tax slab rates for ay 20142015 and financial year 2014 income tax slabs and rates are changed almost every year.

The wage threshold for determining eligibility of employees has been revised from inr 10,000 to inr 21,000 per month, covering a larger pool of employees. Refer the post budget 2017 highlights 10 changes every investor must aware for the same. Tax implications on dividend received by unit holders. Incometax slab rates for individual for fy 2014 15 ay 201516. Given below are the various tables for the latest income tax slabs for the fy 20202021. Ay 201617, the following rates were also applicable for fy 201415 ay 201516 latest income tax slabs in india. The following are the revised tax rates for individuals and business. Latest income tax slabs rates for fy 2012 and as 2014. Deduction us 361vii in respect of bad debts written off for a. In the budget 20 announcement the tax slabs has been broadened for men and senior citizens by the indian finance ministry. Income tax slabs ay 2014 15 fy 2014 income tax slabs ay 201516 fy 2014 15 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. We will update the new income tax slab rates for the assessment year 201819 and the financial year 201718 with the example in pdf format. Incometax slab rates for individualhuf for fy 201819 ay 201920.

How to sign pdf file through digital signature service tax liability. In modern india income tax was introduced by sir james wilson on 24 july 1860. In income tax slab for ay 1415 fy 14, basic tax exemption limits are the same. New income tax slab rates for ay 201819 fy 201718 pdf. Latest income tax slabs and rates for fy 201516 and ay. Indian income tax slabs for financial year 2012 less my tax income tax india, service tax, income tax return, pan income tax slab for individuals a. 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. For detailed instructions on how to fill itr2a, click here pdf file. I already wrote a post related to the major changes in budget 2017. Income tax rates slab for assessment year 2014 15 previous year 2014 rates %age. Income tax slab for the fy year 2014 15 and as 201516 about. Click here to see the income tax slab rates for fy 2014 or ay 201415. Income tax slab rates from ay 199293 to ay 201516 download income tax calculator for a. The amount of income tax as computed in accordance with above rates, and after being reduced by the amount of tax rebate shall be increased by a surcharge at the rate of 5% of such income tax, provided that the total income exceeds rs.