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.