Income tax rates for A.Y. 2014 -15

Income tax return filling due date is near and you may be searching for income tax slab.Here I have given chart for income tax rates for A.Y. 2014-15 and F.Y. 2013-14  Tax rates for other than senior citizen for a.y. 2014-15 For individuals other than senior citizen (60 years or more age) and super senior citizen (80 years or more age)assessee   Income Tax Slabs Up to Rs 2,00,000 Nil Rs. 2,00,000 to Rs.5,00,000 10% plus rebate-10% of income up to 2000 Rs. 5,00,000 to 10,00,000 20% More than Rs. 10,00,000 30%   Surcharge -10% when income exceeds Rs. 1 crore Education and higher education cess-3% on tax and surcharge   Tax rates for senior citizen (60 years or more age) for a.y. 2014-15:   Income Tax Slabs Up to Rs 2,50,000 Nil Rs. 2,50,000 to Rs.5,00,000 10% Rs. 5,00,000 to 10,00,000 20% More than Rs. 10,00,000 30%   Surcharge -10% when income exceeds 1 crore Education and higher education cess-3% on tax and surcharge   Income tax rates for super senior citizen (80 years or more age) for a.y. 2014-15:   Income Tax Slabs Up  to Rs.5,00,000 Nil Rs. 5,00,000 to 10,00,000 20% More than Rs. 10,00,000 30%   Surcharge -10% when income exceeds 1 crore Education and higher education cess-3% on tax and surcharge.  ...

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