Income tax rate chart for assessment year 2014 15 2015 16 and 2016 17 ie. Assessment year 2014 15 relevant to financial year 2013 14.

Last 25 Years Income Tax Rates

corporate tax rate for ay 2014 15

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Financial year 2013 14 2014 15 and 2015 16 for individuals association of person.

Corporate tax rate for ay 2014 15. The effective rate of corporate tax in the country has increased from fy14 to fy 15 by 14. We provide you the latest income tax rates in india for everyone and tax benefits for the current financial year 2014 15 to know more about income tax slab deductions visit now. The effective rate has gone up from 2322 in 2013 14 to 2467 in 2014 15.

1 crore but not than rs. The basic exemption limit has been increased from rs 2 lakh to rs. Credit unions 201920 tax rates credit unions see note 3.

Income tax slabs rates for huf and individuals senior citizens and businesses like co operative societies companies for fy 2014 15 and ay 2015 16. Association of persons aop and body of individuals boi in india is as under. Ay 2014 15 fy 2013 14 personal income tax rates.

Small companies which have a turnover that is up to rs. Central government employees income tax income tax rates assessment year 2014 2015 relevant to financial year 2013 2014. 25 lakh and for senior citizens from rs.

A reference library for customs excise goods services tax officers and tax payers. Tax rates for individuals other than ii iii. For tax rates where a company either starts or ceases to be a pdf during the income year refer to appendix 4 of the company tax return instructions.

And one per cent. 25 lakh to rs. Income tax rates for fy financial year 2014 15 ay assessment year 2015 16 finalfor individualsmen women senior citizens hufs and other categories surcharge and education cess.

For financial year 2013 14 additional surcharge called the education cess on income tax and secondary and higher education cess on income tax shall continue to be levied at the rate of two per cent. Union budget 2014 has amended the basic income tax slabs for financial year 2014 15 however there is no change in the income tax rates surcharge and cess. For individuals below 60 years age including woman.

Respectively on the amount of tax computed inclusive of surcharge wherever applicable in all cases. 10 of the. 500 crore have the highest effective rate.

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