New Income Tax Slab for the Financial Year 2013-14 and Ass Year 2014-15 with Automatic TDS on Salary with Form 16 Part B and Part A&B for AY 2014-15
As per the Income Tax Circular vide no 8/2013 Dated 10/10/2013 the Income Tax Slab for Male and Female and Sr.citizen and Most Sr.Citizen it given below :-
A. NORMAL RATE OF TAX
TOTAL INCOME RATE OF TAX
1 Where the total income does not exceed Rs. 2,00,000/-. Nil
2)Where the total income exceeds Rs.
2,00,000 but does not exceed Rs. 5,00,000/-. 10 per cent
3) Where the total income exceeds Rs.
5,00,000/- but does not exceed Rs.10,00,000/-. Rs. 30,000/ plus 20 per cent of the
4) Where the total income exceeds Rs. Rs. 1,30,000/- plus 30 Per cent of the
Rs. 10,00,000/- amount by which the total income
exceeds Rs. 10,00,000/-
B.Rates of tax for every individual, resident in India, who is of the age of sixty years or
more but less than eighty years at any time during the financial year:-
TOTAL INCOME RATE OF TAX
1) Where the total income does not exceed Rs. 2,50,000/ NIL
2) Where the total income exceed Rs.2,50,000 but
does not exceed Rs.5,00,000/- 10%
3) Where the total income exceed Rs. 5,00,000/- but Rs.25,000/- + 20%
does not exceed Rs.10,00,000/-
4) Where the total income exceed Rs.10,00,000/- Rs.1,25,000/- + 30%
C. In case of every individual being a resident in India, who is of the age of eighty years or
more at any time during the financial year:
TOTAL INCOME RATE OF TAX
1) Where the Total Income does not exceed Rs.5,00,000/- NIL
2) Where the Total Income exceed Rs.5,00,000/- but
does not exceed Rs.10,00,000/- 20%
3) Where the Total Income exceed Rs.10,00,000/- Rs.1,00,000/- + 30%
A. NORMAL RATE OF TAX
TOTAL INCOME RATE OF TAX
1 Where the total income does not exceed Rs. 2,00,000/-. Nil
2)Where the total income exceeds Rs.
2,00,000 but does not exceed Rs. 5,00,000/-. 10 per cent
3) Where the total income exceeds Rs.
5,00,000/- but does not exceed Rs.10,00,000/-. Rs. 30,000/ plus 20 per cent of the
4) Where the total income exceeds Rs. Rs. 1,30,000/- plus 30 Per cent of the
Rs. 10,00,000/- amount by which the total income
exceeds Rs. 10,00,000/-
Click here to download the Automatic TDS + Salary Sheet + Tax Computed Sheet + Automatic Arrears Relief Calculation + Automatic HRA Exemption Calculation + Form 16 Part B + Form 16 Part A&B for the Financial Year 2013-14 and Assessment Year 2014-15
B.Rates of tax for every individual, resident in India, who is of the age of sixty years or
more but less than eighty years at any time during the financial year:-
TOTAL INCOME RATE OF TAX
1) Where the total income does not exceed Rs. 2,50,000/ NIL
2) Where the total income exceed Rs.2,50,000 but
does not exceed Rs.5,00,000/- 10%
3) Where the total income exceed Rs. 5,00,000/- but Rs.25,000/- + 20%
does not exceed Rs.10,00,000/-
4) Where the total income exceed Rs.10,00,000/- Rs.1,25,000/- + 30%
C. In case of every individual being a resident in India, who is of the age of eighty years or
more at any time during the financial year:
TOTAL INCOME RATE OF TAX
1) Where the Total Income does not exceed Rs.5,00,000/- NIL
2) Where the Total Income exceed Rs.5,00,000/- but
does not exceed Rs.10,00,000/- 20%
3) Where the Total Income exceed Rs.10,00,000/- Rs.1,00,000/- + 30%
No comments:
Post a Comment