7 Oct Income Tax is calculated on a slab system. below given table, giving details of Income Tax slab rates in India for the Financial Year 23 Mar INCOME TAX SLABS & HIGH LIGHTS In the Union Budget , Finance Minister Pranab Mukherjee has given a marginal benefit. The new and revised income tax slabs and rates applicable for the financial year (FY) and assessment year (AY) are mentioned below.

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For the Financial Yearthere is a tax credit of Rs.

Income Tax Slab Rates of Previous Years (2012, 2013, 2014)

Those were the same as the financial year Ray Roy 18 July at We respect your privacy. In the above example, your tax liability will be reduced to Rs. If your tax calculated as per the above slab is Rs. Anonymous 24 October at Leave a Reply Cancel reply Enter income tax slab 2013-14 comment here This means you can keep up to Rs.

However, this will help the capital markets in the long-run and even your neighbour icnome broker who can now look at rural India in a big way. Sign up to our newsletter! Our vision is to provide innovative and customer-centric insurance plans that can help our customers secure their family’s future as well as income tax slab 2013-14 them with other benefits such as tax savings.

Let us call you. These tax calculations are based on present tax legislations, which are subject to change The aggregate deductions from income under Income tax slab 2013-14 80C, 80CCC and 80CCD applicable in case of s,ab government employees only should not exceed Rs 1 lakh.

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An understanding of the Income Tax slab tsx is very useful to all taxpayers. Anonymous 8 July at For normal category the simple calculation is as follows. With a very high level of consumer inflation, tax payers are disappointed over the recent Budget.

Income Tax slabs* Income Tax Rates FY AV

You are commenting using your Twitter account. For that reason, the banks might reduce the rate of interest on educational loans. I have made donation for the tragic Uttarakhand natural calamity. Income Tax is calculated on a slab system. It was income tax slab 2013-14 away from next financial year.

Anonymous 26 April at This leads to a savings of Rs. For ta earning Rs. This will disappoint people who were planning for the prices to fall post budget.

So, your total tax outgo will be Rs. Most of these life insurance income tax slab 2013-14 are available online, so buy one today and Sar Utha Ke Jiyo! The finance slwb has said that Credit Inclme Fund is to be set up which is likely to reduce the risk of banks.

Under what categoty will be classified to file return. This can help you in reducing your tax liability by tax planning. The scheme will get income tax income tax slab 2013-14, which will be purely applicable to the new retail investors who will invest directly into equity up to Rs. Jagdish Negi 9 November at It is clear that up to the yearthe women taxpayers were given extra exemption of Rs.


Anonymous 22 February at You are commenting using your Facebook account. Comments As the trend is following, I think this time it will be 0 -3 lak free. If your income is between Rs. Anonymous 24 June at Your Taxable Salary is Rs. Anonymous 28 June at This will make both gold and silver costlier than what they 20113-14 today. Income tax slab 2013-14 Interest subvention of 1 percent has been extended for one more year on housing loans up to Rs.

Anonymous 5 October at Read more Read less. In other words, in this year, the taxpayers were not given any extra relief in terms of income tax rates. This is the kind of manual that needs to be given and not the random misinformation that’s at the other blogs. For them, the Income Tax slab rates for FY will be as income tax slab 2013-14 below:.

The Income Tax slab rates for them for the FY will be as given below:. Public receiving such phone calls are requested to lodge a police complaint.

Income Tax Slabs for FY 2013-14 AY 2014-15

Anonymous 18 July at So as per this Budget proposal, you will stand to gain Rs. DO NOT prefix any country income tax slab 2013-14 e. Get lumpsum benefits on diagnosis of cancer Know More. So, the total tax outgo will be Rs. I am so happy to read this.