Income tax slab rate for ay 2011-12 pdf

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. Palaniappan chidambaram, the finance minister of india, announced the new personal income tax slab rates while presenting the union budget of india, also called the indian general budget, on friday, february 29, 2008 in. Incometax slab rates for individual for fy 201617 ay. Rates of income tax as applicable to individuals, hindu undivided families huf and artificial jurisdictional.

Paripatra2014 income tax paripatra income tax 202014. Government of india income tax slab rates for ay 20092010. 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 ratesslab for assesment year rate % 2011. Due date of income tax return for ay 201920 extended july 24, 2019 0 comments cbdt has issued circular to extend the due date for filing income tax return for the assessment year 201920 from 31. The latest income tax slab details are available at latest income tax slabs here is the latest income tax slab rates for year 2011 2012. Income tax slab rates from ay 199293 to ay 201516 download income tax calculator for a. 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. Income tax slab rates for individualhuf for fy 201819 ay 201920 income tax slab rates for individual for fy 201819 ay 201920.

Income tax slab rates for the last 7 years yash shindes. For general tax payers including women income slab tax rate 0 to 2,50,000 no tax 2,50,001 to 5,00,000 10% 5,00,001 to 10,00,000 20% above 10,00,000 30% b. Income tax slab rates for last 25 years in india 199293 to. Certain income of nonresident, interalia, dividend, interest, royalty or fees for technical services shall be taxable as per the rates prescribed under the incometax act or as per the rates prescribed under the dtaas, whichever is more beneficial to such nonresident. Income tax ratesslabs for financial year 2011 12 assessment year 2012 exemptions, deduction capital gain, set off carry forward losses a small ready reckoned by. However, tax rate is 29% if turnover or gross receipt of the company does not exceed rs. Nov 18, 2011 income tax rates after budget 2012 is available here income tax rate chart slabs for assessment year 2011 12 and earlier years has been given chart form as under in respect of individual, hufhindu undivided family,boibody of individuals so download the charts for link given below or you can read the same online as shown below. Net income range rate of incometax assessment year 202122 assessment year 202021 up to rs. Proposed tax slab for financial year 14 assessment year 1415 for men below 60 years of age. Aug 11, 2011 income tax rates slabs ay 2011 12 individual huf boi aop the rates for assessment year 2011 12 is given in the table below. Add surcharge surcharge is 10% of incometax rebate us 88e is not available w. Income tax slab rates help you decide whether your income is taxable or not. The amount of income tax shall be increased by education cess on income tax at the rate of two percent of the income tax.

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. For individuals, huf, association of persons aop and body of individuals boi. Latest income tax slabs rates for fy 2012 and as 2014. Palaniappan chidambaram, the finance minister of india, announced the new personal income tax slab rates while presenting the union budget of india, also called the indian general budget, on friday, february 29, 2008 in new delhi.

Last 25 years income tax rates linkedin slideshare. Highest tax rate including surcharge has come down from 56% in fy 199091 to 30. Quick highlights base slab for general tax payers increased to 1. Net income range income tax rates surcharge education cess upto. Ay 201617, the following rates were also applicable for fy 201415 ay 201516. 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.

Incometax slab rates for individual for fy 201516 ay 2016. Rate of tax is 30 % for the assessment year 20102011 notes for the assessment year 20112012. The finance minister has introduced many changes in the income tax slab rate for financial year 20192020 ay 20202021. Oct 14, 2019 the new income tax rates or income tax slabs are applicable for the incomes earned or generated from april 01, 2008 to march 31, 2009. For the purpose of ascertainment of the applicable tax slab, an individual can be classified as follows. Income tax rates for assessment year 201112 all others male individuals, nris etc. Even the lowest tax rate has gone down from 20% to 5%. Paripatra2014 income tax paripatra income tax202014. Ay 20152016 as amended by budget 2014 are as follows. Income tax circular 2014 circular, income tax 2012 amendment of income tax ordinance section 19. Taxable income in 10% slab maximum tax will be rs 32000.

Income tax slabs in india, new income tax slab 2018 budget rate. Incometax slab rates for individual for fy 201718 ay 201819 incometax slab rates for individual for fy 201617 ay 201718. Net income range incometax rates health and education cess up to rs. These rates are applicable on individual assessee, hindu undivided family hufs, association of persons aop and body of individuals boi. Tax rates as applicable for different persons for the a. For normal category the simple calculation is as follows. Income tax rates applicable for individuals, hindu undivided family huf, association of persons aop and body of individuals boi in india is as under. Net income range income tax rates surcharge education cess upto rs.

Income tax slab rates for last 25 years in india 199293. The new and revised income tax slabs and rates applicable for the financial year fy 201112 and assessment year ay 2012 are mentioned below. No tax is applicable for individuals whose income is. The amount of incometax shall be increased by education cess on income tax at. Apr 08, 2015 find the income tax slab rates for the last 7 years all at one place 1 f. This tax table based on the latest income tax slab is a ready reference for calculating your income tax for year 201112. Apr 14, 2020 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. Income tax ratesslabs for financial year 201112 assessment year 2012 exemptions, deduction capital gain, set off carry forward losses a small ready reckoned by. For senior citizens age 60 years or more but less than 80 years. Incometax slab rates for individual for fy 201516 ay. As there was no change in income tax slabs for fy 201516 i.

Income tax rates for fy financial year 2011 12 ay assessment year 2012, for individuals,men, women, senior citizens, hufs and other categories surcharge and education cess. Income tax slab rates for the last 7 years yash shindes blog. Aug 11, 2011 income tax rates slabs ay 0405 aop boi individual huf the rates for assessment year 200405 is given in the table below. The latest income tax slab details are available at latest income tax slabs here is the latest income tax slab rates for year 20112012. The amount of incometax shall be increased by education cess on income tax at the rate of two percent of the incometax. There will be no surcharge on income tax payments by individual taxpayers during fy 2011 12 ay 2012. Certain income of nonresident, interalia, dividend, interest, royalty or fees for technical services shall be taxable as per the rates prescribed under the income tax act or as per the rates prescribed under the dtaas, whichever is more beneficial to such nonresident. The basic exemption limit has been increased from rs 2 lakh to rs. We give below the income tax rates and slabs applicable for the fy 201516 or ay 201617. Basic tax rate on domestic company has remained unchanged i. Nov 21, 2010 tax rates as applicable for different persons for the a. Every year the income tax rates are changed and it is important to get the latest income tax rates. No tax is applicable for individuals whose income is less than rs. Threshold limit for resident women assessees below 65 years of age and resident.

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. Here we present to you all income tax slab rates india for past 25 years. There will be no surcharge on income tax payments by individual taxpayers during fy 201112 ay 2012. Tax slab for financial year 201415 assessment year 1516 for men below 60 years of age for senior citizens age 60 years or more but less than 80 years. Last 25 years income tax rates for individuals, huf, aops, bois ay 199293 to ay 201415 by shankar bose inspector of income tax oo the principal chief commissioner of income tax, odisha, bhubaneswar 2. Income tax rates after budget 2012 is available here income tax rate chart slabs for assessment year 201112 and earlier years has been given chart form as under in respect of individual, hufhindu undivided family,boibody of individuals so download the charts for link given below or you can read the same online as shown below. F there is no change in the rates of income tax for for both domestic and foreign companies.

The rates for assessment year 201112 is given in the table below. A domestic company is taxable at the rate of 30 % for the assessment year 201112. Income tax slabs income tax rates fy 201112 av 2012. Ay 202122 fy 202021 income tax january 12, 2020 understanding bsda basic services demat account demat january 11, 2020 senior citizen savings scheme retirement. This tax table based on the latest income tax slab is a ready reference for calculating your income tax for year 2011 12.

Income tax rates for fy financial year 201112 ay assessment year 2012,for individuals,men, women, senior citizens, hufs and other categories. You must check out the difference between the 1992 i. In the budget 20 announcement the tax slabs has been broadened for men and senior citizens by the indian finance ministry. The new income tax rates or income tax slabs are applicable for the incomes earned or generated from april 01, 2008 to march 31, 2009. These rates are applicable on individual assessee, hindu undivided family hufs,association of persons aop and body of individuals boi. Rate of tax is 30% for the assessment year 20102011.