Today i have gone to income tax department to file the return financial year 201415assessment year 201516, whereas the income tax officer has told me to pay penalty rs. The additional impact due to tod tariff on the bill received by the management of commercial complexes. The latest free income tax calculator to calculate your latest tax and to compare your tax savings from previous year can be found here free income tax calculator for calculating tax for 201819. Income tax rates for fy financial year 201415 ay assessment year 2015 16 final, for individuals,men, women, senior citizens, hufs and other categories surcharge and education cess. Assessment year 201617, relevant to financial year 201516. Additional surcharge on income tax secondary and higher education cess on. The amount of incometax shall be increased by education cess on income tax at the rate of two percent of the incometax. Income tax slab rates for financial year 201516 assessment. Income tax rates for financial year 201415 and 20152016 are same, there is no. Tds calculation sheet in excel and slabs for fy 201516 and.
Tax slabs for financial year 201415 or assessment year 2015 16. Surcharge and education cess see note income tax slab rates 201718 pdf download. For fy 201516 only one slab more than 15000 200 to be deducted and there is no pt for senior citizens. A individuals born on or after 1st april, 1956 age less than 60 years. Senior citizen individual resident who is of the age of 60 years or more but below the age of 80 years at any time during the previous year. We give below the income tax rates and slabs applicable for the fy 2015 16 or ay 201617. Sale of electrical energy full year with proposed tariffs fy. Tds rate chart for fy 201415 201516 ay 201516 201617 after budget 2015 2014 changes. The above income tax rates are for general category men women who are below 60 years of age.
Oct 16, 2015 income tax slab for fy 2015 16 ay 201617. Knowing your income tax slab rate helps you get an idea of how much tax you will be paying in a year. The government of maharashtra of also revised its professional tax slab rates for the financial year 201516. But the tax slabs have not been changed for the last few years. For new service tax chart new service tax chart 14. Page 355 september 2015 delhi electricity regulatory commission tata power delhi distribution limited tariff order for fy 201516 category fixed charges1 energy charges2 3 industrial5 3. Here is a primer on income tax slab rates for ay 201617 fy 201516. Ay 201617, the following rates were also applicable for fy 201415 ay 201516 latest income tax slabs in india fy 201617 or as 201718. Income tax slab rates for fy 2015 16 ay 201617 are as under. Income tax basic exemption limit slab fy 2015 16 click here. Mar 19, 2019 download income tax slab for ay 201617 in pdf, download latest income tax slab rates for fy 201516 or income tax slab rates for ay 201617. Professional tax is a tax levied by the various state governments of india on salaried individuals, working in government or nongovernment entities, or in practice of any profession, including chartered accountants, doctors, lawyers etc or carry out some form of business. Ca sandeep kanoi income tax rate chart income tax slabs as applicable for assessment year 201516 financial year 201415 for. Download income tax slab for ay 201617 in pdf, download latest income tax slab rates for fy 201516 or income tax slab rates for ay 201617.
Fill up the relevant details to know your tax liability for fy 201516 income tax slabs for fy 201516 ay 201617 general public income tax slab education cess of 3% surcharge of 12% on rs 1 crore plus income earners tax credit of rs 2,000 for income up to rs 5 lakhs us 87a there are no separate slab for male and female tax. North carolina arts council grants by county for fy16 name category title 081215 amount awarded alamance alamance county arts council, inc. North carolina arts council grants by county for fy16. Tds rate chart for fy 201920 ay 202021, tcs rates for fy 201920 download in excel formata and in pdf format. Ay 201617, the following rates were also applicable for fy 201415 ay 2015 16. If you have earned from stock market or from sale of properties to know tax liability read the new article on. There is no change in the basic tax rate and exemption limit for individual, hindu undivided family, association of person, body of individuals and artificial juridical person in assessment year 201617 in comparison to a. Ay is assessment year latest income tax rates for fy 2015 16. Jul 10, 2014 in this post i restrict my subject towards new tax slabs for fy 201415. Articles explains rates of incometax in respect of income liable to tax, minimum alternative tax rate, securities transaction tax stt.
Download income tax slabs for individual, huf, company, aop, foreign company with surcharge details. Hdfc life provides the latest income tax rates in india for different age groups and tax benefits offered by various life insurance policies, for financial year 2014. Income tax slab changes for domestic company under budget 201516. Resident individual of the age of 80 years or above at any time during the year. Incometax slab rates for individual for fy 201516 ay 2016. Income tax slabs ay 201415 fy 2014 income tax slabs ay 201516 fy 201415 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. As there was no change in income tax slabs for fy 201516 i. Assessment year 201516, relevant to financial year 201415. Tds calculation sheet in excel and slabs for fy 201516.
Gujarat professional tax slab rate fy 201516 the slab rate for professional tax are vary as per the state on different income of individuals but there is maximum ceiling of professional tax being charged by any state government i. Tax slab for financial year 201516 assessment year 1617. Complete details of tds rate changes for financial year 2015 16 tcs rate changes, due date to deposit tds, due date for form 16, due date for form 16a, due date for etds return form 24q,penalty and interest provision for late deposit of tds,consequences for default in filing of e tds return, tds rate applicable in case of non submission of pan,tds rate applicable on service tax or not. Income tax slab for fy 201516 ay 201617 there is no change in income tax slabs except additional 2% increase in cess for super rich i. It offers special privileges for women professional tax payers. Income tax slab rates for last 25 years in india 199293 to. All assessees are required to file income tax return each year if they have taxable income of more than rs.
Assessment year personal finance guide to mutual funds, stocks, insurance, investments, loans, tax planning, nonresident indians related issues. Revised tds rate chart for fy 2015 16 ay 201617 after latest budget 2015 16 changes and amendments. 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. History of new braunfels several native american tribes inhabited the new braunfels area because of the fresh spring water available. 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. Section 192 193 194 194a 194b 194bb 194c 194d 194da 194e 194ee 194f 194g 194h 194i 194ia 194j 194la 194lb 194lba 194lc. The more a taxpayer earns the more he should pay is the basic principle of charging income tax. Every year the income tax rates are changed and it is important to get the latest income tax rates. Dear chandrashekar, for fy 201516 only one slab more than 15000 200 to be deducted and there is no pt for senior citizens. There are lot of changes in tax rates and cess in the last 25 years. Tds rate chart for fy 201920 ay 202021, tcs rates for fy.
Please click here for latest personal income tax rates income tax rates applicable for individuals, hindu undivided family huf, association of persons aop and body of individuals boi in india is as under. Resident individual of the age of 60 years or above at any time during the year but below the age of 80 years. Ay is assessment year latest income tax slab rates for fy 201617. Domestic companies expect a hike in income tax limit from last year figure, based on inflation rate of 201415 and other parameters. Tds rate chart for fy 201415 2015 16 ay 2015 16 201617 after budget 2015 2014 changes. Sale of electrical energy full year with proposed tariffs. Latest updates the latest income tax slabs for 20182019 can be found here income tax slabs 201819. Ay 202021 fy 201920 vote on account income tax october 18, 2018 guide to standard deduction deductions september 22, 2018 number of days work to buy an iphonex others. Income tax rates for assessment year 20162017 previous year 201516. Section 87a rebate availability for fy 201516 ay 201617 click here income tax. Jan 09, 2017 have a look at the past 25 years income tax slab rates for individuals in india. Ay is assessment year latest income tax rates for fy 201516.
Rgds, sivakumar karunakaran24 16th june 2012 from india. Budget 201516, income tax slabs changes for domestic company. Tds rate chart fy 201516 ay 201617 budget 201516 amendments. Latest income tax slabs for fy 20152016 calculate your tax based on the tax slabs for year 20152016. However, in case of a nonresident individual the tax rates will be same irrespective of his age. Dear all, can anyone tell me the present income tax tariff and exemption details for the fy 201220. Or else to known the latest amendments for the person having salary income, slab rates, importance of tds and much more keep reading. Detailed split for general, women, senior citizen etc are provided. Latest income tax slabs and rates for fy 201516 and ay 201617. Download it slabs from fy 200809 to fy 201516 file in. Income tax slab rates for ay 201617 fy 201516 ndtv. Individual, hindu undivided family, association of persons, body of individuals, artificial juridical person. Apr 30, 2020 tds rate chart for fy 201920 ay 202021, tcs rates for fy 201920 download in excel formata and in pdf format.
Income tax slab rates 201718 pdf download ay 201819. Incometax slab rates for individual for fy 201718 ay 201819 incometax slab rates for individual for fy 201617 ay 201718. For individuals below 60 years age including woman assessees. The normal tax rates applicable to a resident individual will depend on the age of the individual. Income tax is imposed on the basis of ability to pay. For the purpose of ascertainment of the applicable tax slab, an individual can be classified as follows. Income tax slab rates for last 25 years in india 199293. Maharashtra professional tax slab rate, latest news.
The said change will be effective from 1st june, 2016. Download it slabs from fy 200809 to fy 201516 file in pdf. As there was no change in income tax slabs for fy 2015 16 i. The income tax rates ay 201920 or fy 201819 for salaried individuals is as follows. Incometax slab rates for individual for fy 2015 16 ay 201617. Articles explains rates of incometax in respect of income liable to tax, minimum alternative tax rate, securities transaction tax stt, commodities transaction tax ctt and dividend distribution tax ddt rates for financial year 2015 16 i. For senior citizens age 60 years or more but less than 80 years. 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.
Latest income tax slabs and rates for fy 201516 and ay. Here is a primer on income tax slab rates for ay 201617. Fy 201415 note the new government has presented the budget for ay 201516 on 10. Income tax at a glance among direct taxes, income tax is the main source of revenue. We give below the income tax rates and slabs applicable for the fy 201516 or ay 201617. Income tax slabs for fy 201516 ay 201617 general public income tax slab education cess of 3% surcharge of 12% on rs 1 crore plus income earners tax credit of rs 2,000 for income up to rs 5 lakhs us 87a there are no separate slab for male and female tax up to rs. Tata power delhi distribution limited tariff order for fy.
My query is why i should pay the penalty, since the law is made on 1st april 2017. Incometax slab rates for individual for fy 201819 ay 201920 itr1 and itr2 ay 201920 released. The government of maharashtra of also revised its professional tax slab rates for the financial year 2015 16. Income tax slab rates for fy 201516 ay 201617 are as under. Fy 201516 note the government has presented the budget for ay 201516 on 28. Tax slabs for financial year 201415 or assessment year 201516. There will be no surcharge on income tax payments by individual taxpayers during fy 201112 ay 2012. Incometax slab rates for individual for fy 201516 ay. Ay 201617, the following rates were also applicable for fy 201415 ay 201516. 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. In this post i restrict my subject towards new tax slabs for fy 201415. Proposed tax slab for financial year 14 assessment year 1415 for men below 60 years of age. Income tax slab for filing tax return on income in india.
Indian union budget is being declared on 28 th february, 2015. Income tax slab rates ay 201920, fy 201819, income tax. Family huf, association of persons aop and body of individuals boi in india is as under. Free major itr forms for financial year 201415 itr1, itr2, itr2a, itr4s pdf files. Income tax slabs income tax rates fy 201415 av 201516.
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