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what is the i t slab for the a y 2014-15 ?

Open uri20170510 32134 7ezpi6?1494421819 asked

what is the i t slab for the a y 2014-15 ?

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5 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Hii Slab rate for A.Y. 2014-15 is as follows : 1.For Individual & HUF - 2,00,000 - NIL Rs. 2,00,001 - Rs. 500,000 - 10% Rs. 500,001 - Rs. 10,00,000 - 20% Above Rs. 10,00,000 - 30% 2.For Senior Citizen (More than 60 less than 80) - Basic Exemption limit is 2,50,000 3.For Super Senior Citizen (More than 80 ) - Basic Exemption Limit - 5,00,000 4.Partnership Firm & Company are liable to pay tax @ 30%

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

INDIVIDUAL Rs. 2,00,000 --Nil Rs. 2,00,001 - Rs. 500,000--- 10% Rs. 500,001 - Rs. 10,00,000--20% Above Rs. 10,00,000---30% INDIVIDUAL SENIOR CITIZEN Upto Rs. 2,50,000---Nil Rs. 2,50,001 - Rs. 500,000---10% Rs. 5,00,001 - Rs. 10,00,000 20% Above Rs. 10,00,000 ---30%

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Picsjoin 2017224123730582 answered

Hie Jaggu, **Slab rate for A.Y. 2014-15 is as follows :** 1. For Individual & HUF - 2,00,000 - NIL Rs. 2,00,001 - Rs. 500,000 - 10% Rs. 500,001 - Rs. 10,00,000 - 20% Above Rs. 10,00,000 - 30% 2. For Senior Citizen (More than 60 less than 80) - Basic Exemption limit is 2,50,000 3. For Super Senior Citizen (More than 80 ) - Basic Exemption Limit - 5,00,000 4. Partnership Firm & Company are liable to pay tax @ 30%

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

INCOME TAX SLABS FOR A.Y. 2014-15 Income Level Tax Rate **INDIVIDUAL** Rs. 2,00,000 --Nil Rs. 2,00,001 - Rs. 500,000--- 10% Rs. 500,001 - Rs. 10,00,000--20% Above Rs. 10,00,000---30% **INDIVIDUAL SENIOR CITIZEN** Upto Rs. 2,50,000---Nil Rs. 2,50,001 - Rs. 500,000---10% Rs. 5,00,001 - Rs. 10,00,000 20% Above Rs. 10,00,000 ---30% **INDIVIDUAL SUPER SENIOR CITIZEN** Upto Rs. 5,00,000----Nil Rs. 5,00,001 - Rs. 10,00,000---20% Above Rs. 10,00,000---30% Thanks

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Dear Jaggu, For individual and huf : 200,000 nil next 300,000 10% next 500000 20% Balance 30% Cess: 3% Surcharge 10% if total income exceed one core. For senior citizen such exemption is rs 250,000 and rest are same For such exemption (250000) for super senior citizen is 500,000 rest are same. For comapny, pertnership firm etc are liable to pay tax @ 30% Any other query feel free to contact us. Writer CA Chitranjan Agarwal

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