Income Tax Rates: AY (FY ) PLEASE CLICK HERE FOR LATEST PERSONAL INCOME TAX RATES. Income Tax Rates applicable for. the Income Tax slabs has been altered by the Finance Minister Pranab Mukarjee in Budget today. Now people would be able to save. TDS Rate For FY ยท AVOID LITIGATION ON SERVICE TAX MATTERS WEF NEW SERVICES UNDER REVERSE CHARGE.

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Now this year, it is expected that this upper limit may be changed to Rs. We shall be now discussing on importance and income tax deductions under sections 80D, 80DD and 80DDB for the purpose of tax saving which Home Taxes Investments disclaimer. It is clear that up to the yearthe women taxpayers were given extra exemption of Rs.


SIP is way of investing in Mutual funds monthly, where a fixed amount of money is invested in Mutual Through this blog we shall be bringing topics in finance, taxation 20122-13 other investment option. Female Below 60 years. Very Senior Citizen Above 80 Years. The new tax slab rate was proposed but changes are not of much significant. In other words, in this year, the taxpayers were not given any extra relief in terms of income tax rates. tqx

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Income Tax Slab Rates of Previous Years (2012, 2013, 2014)

Labels how to save money 1 investment plans 1 investment tips 2 investment tools 1 Investments 9 money saving gy 1 save money 1 tax 18 tax deduction limits 1 tax saving 1. Add Your Story Cancel reply Your email address will not be published.

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It is to be noted that in the financial yearthe slabs and tax rates were kept at the same level as those in the previous financial year Those were the same as the financial year Watch out this space on fo February for all the latest details about the tax slabs and their impact on your own budget.

There is no change in tax structure for woman and senior citizens.

In this issue we shall be simply try to focus on the new tax slab as proposed by the finance bill for the AY It was done away from next financial year. This means that there will be no tax if total income of individual is up to Rs. Your email address will not be published. There may be further change in 80C rules which can give you more tax saving opportunity.


AY limit of Rs. He cheered the taxpayers by putting some extra money in their pockets by increasing the exemption limit by Rs. Concept of Total Income will be covered in latter post.

The budget also exempt up to Rs.

Share to Twitter Share to Facebook. However, it is proposed to provi Skip to content Skip to primary sidebar. Male Below 60 Years. Newer Post Older Post Rxte.

There have been talks of change in income tax slabs for next financial year i.