Ay 2016 17 slab rates pdf merge

Home income tax slabs and tax rate in india for fy 202021. Income tax slab rates for fy 201617 ay 201718 budget. In case of individual being a woman resident in india and below the age of 60 years at any time during the previous year. While i have received form 16 from company a and filed return according to that only. Taxable income in 10% slab maximum tax will be rs 32000. But the tax slabs have not been changed for the last few years. From april 2015 to jan 2016, i have worked for company a and for the next 2 months i. 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. Income tax slab rates 201718 pdf download ay 201819. Rates for deduction of incometax at source during the financial year. In case of an individual resident who is of the age of 60 years or more but.

Budget 2017 amended the income tax rate for lowest income tax slab of rs. The tax slab for fy 201617 for cooperative societies, firms local authorities and llps will continue at the same rate as the previous financial year. You can see income slab and income tax rate for fy 201617 ay 201718 applicable for the period from 01. However, the surcharge shall be subject to marginal relief where. Tax rates fy 201617 ay 201718 finmin orders january 24, 2017. New income tax slab rates for ay 201819 fy 201718 pdf. Income tax slab rates for fy 201617 ay 201718 beacon. Net income range income tax rates surcharge education cess upto rs. Income slab rates for ay 201819 senior citizens income slab rates for ay 201819 super senior citizens income slab rates for ay 201819 huf nri aop income slab rates for ay 201819 firms income slab rates for ay 201819. Income slab rates for ay 201819 resident individuals. The government of india merged the person of indian pio card and. Income slab rates for ay 2018 19 linkedin slideshare.

Tax slab ay 201718 individualhufboiaopajp india itr. Download income tax return itr 4 for individuals and hufs. Income tax slab rates for the current assessment year 201819. Here are the income tax slab rates for the financial year 201718 relevant to assessment year 201819. Comparison of income tax slabs for fy 201718 and fy 201617.

Rates for deduction of incometax at source from salaries, computation of advance tax and charging of incometax in special cases during the financial year 20162017. As per the income tax rules, no tax for the annual earning less than rs. Income tax slabs for financial year 201718 assessment year 1718. This amendment will affect every taxpayer other than super senior citizens since the first taxable income slab starts from threshold of rs. Click here to save tax with hdfc lifes various online insurance products. Income tax deduction 80c ay 201617 income tax deduction 80gg ay 201617 income tax deduction 80tta ay 201617 pricing. Assessment year 201819 these will be effective on income earned during 01. Individuals below 60 yrs income tax slab rate ay 201819 fy 201718 income tax. The basic exemption limit has been increased from rs 2 lakh to rs. Now a days all tax consultants,business men, specially persons who have earned salary income,are in rush to file their income tax return for. Income tax slab for fy 202021 pdf download income tax rates. Income tax slabs income tax rates fy 201516 av 201617.

These rates are applicable on individual assessee, hindu undivided family hufs,association of persons aop and body of individuals boi. Qualification disqualification of auditors under companies act 20. Income tax slab rates for ay 201819 fy 201718 taxup. Having income from a proprietary business and profession. Hdfc life provides the latest income tax slab rates and deductions in india for tax payers in different age groups and tax benefits offered by its online insurance products, for the financial year 201718. Incometax slab rates for individualhuf for fy 201819 ay 201920 incometax slab rates for individual for fy 201819 ay 201920 itr1 and itr2 ay 201920 released. March 1 to 15, 2016 u taxmanns corporate professionals today u vol. For resident woman who is below 65 years of age at any time during the previous year. Importance the first step to understand the workings of income tax in india is to be aware of the taxation slabs released each financial year by the indian government and various deductions defined under different sections of the income tax act, 1961. Income tax rates for fy financial year 201516 ay assessment year 201617,for individuals,men, women, senior citizens, hufs and other categories surcharge and education cess.

Hdfc life provides the latest income tax slab rates and deductions in india for tax payers in. Income tax slabs and rates for fy 202021 last updated. This has reduced the tax by 50% for the very first slab. Till the financial year 201617, you could avail of tax break on the entire. Merging of nri portfolio investment and fpi investment windows. Special tax rates applicable to a cooperative societies. Ca sandeep kanoi, income tax rate chart, income tax rates, rate chart, tax rate changes, tax rates. Form indian income tax return assessment year itr4. See below income tax slab rates for individual resident aged below 60 years, senior citizen, super senior citizen, any nri huf aop boi ajp, cooperative society, firm, local authority, domestic company and other company for assessment year ay 2016 17.

Cooperative societies, firms local authorities and llps. In the case of indian companies the rate of incometax shall be 25% of the. For normal category the simple calculation is as follows. In line with singapore joining the organization for economic. Surcharge and education cess see note income tax slab rates 201718 pdf download. 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. Ca sandeep kanoi income tax rate chart income tax slabs as applicable for assessment year 201516 financial year 201415 for. Income tax slabs and rates for fy 202021 bankbazaar. Simple income tax calculator cum flexi allocation kit, for the use of salaried employees of govt and private sector, basis the latest budget proposals. Income tax rate chart income tax slabs as applicable for assessment year 201718 financial year 201617 for individual, huf, aop, boi, partnership firms, llp and companies. Download income tax slabs for individual, huf, company, aop, foreign company with surcharge details.

Deduction available is 100% of amount of such income subject to maximum of rs. Incometax slab rates for individual for fy 201617 ay 201718. It slabs and tax rate in india for fy 20192020 it slabs. Income tax slab rates for fy 201617 ay 201718 admin income tax has been one of the oldest forms of tax, and it has been present from generations. Normal rates of tax applicable to all individuals who are less than 60 years of age sr no. Income tax calculator for financial year 201516 assessment year 201617 in excel format attached is the income tax calculator with flexi allocation kit for the fy 20152016. Income tax slabs income tax rates and deductions for fy 2017. Income tax slab rates in case of individual resident as well as nonresident less than 60 years of age on last day of the relevant previous year both men and womenhufaopboi or any other artificial juridical person. Latest income tax slabs and rates for fy 201516 and ay. Tax rates as applicable for different persons for the a. Download income tax slab for ay 2016 17 in pdf, download latest income tax slab rates for fy 201516 or income tax slab rates for ay 2016 17. The slab rate applicable to an individual drawing taxable income between rs.

Today on 01022017 the finance minister shri arun jaitley presented the union budget for the f. This year as well, the indian finance minister nirmala sitharaman announced multiple changes that have taken place in the budget. Cash payment limit reduced to rs 0 from rs 20000 earlier. Ay 201617, the following rates were also applicable for fy 201415 ay 201516. Indian finance minister, shri arun jaitley has tabled today, the union general budget 2016 17 in the parliament. Income tax slab rates are decided and governed by income tax act 1961 and are subject to change every year. All central government employees need to file income tax return itr on their income as on date, the minimum salary of cg employees will be rs. Below are the income tax slab rates for fy 2016 17 or ay 2017 18. As there was no change in income tax slabs for fy 201516 i. The amount of incometax shall be increased by a surcharge at the rate of 10% of such tax, where total income between 50 lakhs and one crore rupees above 1 crore 15% surcharge. Union budget 2014 has amended the basic income tax slabs for financial year 201415, however there is no change in the income tax rates, surcharge and cess.

According to the world banks doing business 2017 report, india ranks th out of. Download income tax calculator in excel for fy 202021 ay 202122 comparison old and new regime new and old tax slab computation in. Incometax slab rates for individual for fy 201516 ay. Incometax slab rates for individual for fy 201516 ay 201617. Income tax slab 201718 ay 201819 budget 2017 from fy 201718, those with annual income between rs 50 lakh to rs 1 crore will be levied a surcharge of 10 per cent.

Here is a primer on income tax slab rates for ay 2016 17. Senior citizen income tax rate for f y 201617 individual resident who is of the age of 60 years or more but below the age of 80 years at any time during the previous year i. Income tax slab rates for fy 201718 ay 201819 studycafe. Latest income tax slabs rates for fy 2012 and as 2014. Every year the income tax rates are changed and it is important to get the latest income tax rates. So to plan your investment strategy and understand how much tax liability you will incur this year lets have a look at the tax structure for different categories. Incometax slab rates for individual for fy 201617 ay. In case of individual other than ii, iii and iv below and huf.

Income tax slabs for assessment year 2014 financial. Latest tds rate chart, tdstcs rates chart for financial year 201617 assessment year 20171 is listed here. Today we are providing income tax slab rates for assessment year 2016 17. Incometax slab rates for individual for fy 201718 ay 201819 incometax slab rates for individual for fy 2016 17 ay 201718. Income tax slabs ay 201415 fy 2014 income tax slabs ay 201516 fy 201415 income tax slabs ay 2016 17 fy 201516 income tax slabs ay 201718 fy 2016 17 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. In the budget 20 announcement the tax slabs has been broadened for men and senior citizens by the indian finance ministry. We give below the income tax rates and slabs applicable for the fy 201516 or ay 201617. Income tax slab for ay 202021 pdf download central. Income tax slab rates for fy 201718 ay 201819 india.

India income tax slabs for assessment year 2014 financial year 201220 general tax payers income tax slab in rs. The finance act, 2020 has inserted a new section 115bad in incometax act to provide an option to the cooperative societies to get taxed at the rate of 22% plus 10% surcharge and 4% cess. The companies act, 20 permits the merger of a foreign company with an. Download itr1 sahaj form for ay 201617 for salaried employees in pdf. We will update the new income tax slab rates for the assessment year 201819 and the financial year 201718 with the example in pdf format. The surcharge will be applicable if the income exceeds rs.