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Income Tax FY 2013-14 for salaried persons
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Income Tax FY 2013-14 for
salaried persons ASSESSMENT YEAR
2014-2015 RELEVANT TO FINANCIAL YEAR 2013-2014 1. Tax Slab for an Individual (resident &
below 60 years) or HUF/AOP/BOI/AJP Income Slabs Tax Rates Total income up to Rs. 2 Lac 0% Tax Total income above Rs. 2 Lac and below Rs.5
Lac 10% on amount exceeding Rs. 2 Lac Total income above Rs. 5 Lac and below Rs.10
Lac 20% on Income exceeding Rs. 5 Lac + Rs.
30,000 Total income more than Rs. 10 Lac 30% on Income exceeding Rs. 10 Lac + Rs.
1,30,000 * u/s 87A the
Individual having taxable income up to Rs. 5 Lac , can claim rebate, on the
Actual Tax amount subject to a maximum of Rs.2,000 Where the Taxable
Income exceeds Rs. 1 crore, Surcharge @ 10% of Income tax is applicable 2. Tax Slab for an Individual (resident
& above 60 years but below 80 years)