Chapter vi a deductions and tax slab rates for fy 20152016 ay 2016 2017 for individuals. 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 201617. For senior citizen age of 60 years or more but less than 80 years. Find everything you want to know about itr 4s sugam. But the tax slabs have not been changed for the last few years. The normal tax rates applicable to a resident individual will depend on the age of the individual. Income tax rates fy 201617 ay 201718 finmin orders january 24, 2017 income tax ceiling raised to 7. Latest income tax slabs and rates for fy 201516 and ay.
Particulars tax rates 1 individual male and female. Individuals below 60 yrs income tax slab 201617 ay 201718. But the surcharges are varied depending on the income. The surcharge will be applicable if the income exceeds rs. Individuals below 60 yrs income tax slab rate ay 201819 fy 201718 income tax slab income tax rate income upto rs. The age of the individual is the factor to divide the slab rates in the income tax table. May 23, 2016 download tds rates chart fy 2016 17 ay 17 18 tds deposit due dates interest penaltylike us on twitter facebook to open lock. Today we are providing income tax slab rates for assessment year 201617. Download income tax slabs for individual, huf, company, aop, foreign company with surcharge details. Latest list of cghs empanelled hospitals and package rates 2020. Ay 201617, the following rates were also applicable for fy 201415 ay 201516. Incometax slab rates for individual for fy 201718 ay 201819 incometax slab rates for individual for fy 2016 17 ay 201718. The income tax department has already notified the income tax return forms to be used for filing returns for fy 201617 or assessment year 201718. Income tax slabs for fy 201516 ay 201617 general public income tax slab education cess of 3% surcharge of 12% on rs 1 crore plus income earners tax credit of rs 2,000 for income up to rs 5 lakhs us 87a there are no separate slab for male and female tax up to rs.
Save tax with hdfc lifes various online insurance products. Income tax slab rates for ay 201617 local authorities. Hdfc life provides the latest income tax rates in india for different age groups and tax benefits offered by various life insurance policies, for the current financial year 201617. Professional tax slab rates professional tax is a tax imposed by the state governments of india on salaried individuals, working in government nongovernment entities, or in the practice of any profession. Income tax slab rates 201718 pdf download ay 201819.
Jun 11, 2016 tax slab rates for fy 201516 ay 2016 17 for individuals. 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. Tds rate chart for fy 201920 ay 202021, tcs rates for fy. Incometax slab rates for individual for fy 201516 ay 201617 incometax slab rates for individual for fy 201415 ay 201516. The new income tax rates or income tax slabs are applicable for the incomes earned or generated from april 01, 2012 to march 31, 20. Incometax slab rates for individual for fy 201617 ay 201718. 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 age groups are up to age 60, age 60 to 80 and above age 80. Here we provide all past years tds rate chart like tds rates for f.
Now i am giving you the tax slab and rates of the financial year 2016 17. 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. Now i am giving you the tax slab and rates of the financial year 201617. How to file a tds return for salary 14 steps with pictures. Normal rates of tax applicable to all individuals who are less than 60 years of age sr no. Mar 19, 2019 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. Income slab and income tax rate applicable for the period from 01. Income tax slabs 201617 salaried persons finance act 2016. Incometax slab rates for individual for fy 201516 ay 201617. Income tax slab for ay 202021 pdf download central. Income tax return forms for most categories of tax return filers have changed some more some less. The tax slabs have remain unchanged but there have been some changes in terms of transport allowance, medical insurance benefits and exemption for physically challenged tax payers. Ay is assessment year latest income tax rates for fy 201516. However, in case of a nonresident individual the tax rates will be same irrespective of his age.
Download income tax calculator for fy 201617 ay 201718 351. Therefore, i thought to update the tax slab rates for fy 201516 ay 201617 considering the budget 2015. For the purpose of ascertainment of the applicable tax slab, an individual can be classified as follows. We give below the income tax rates and slabs applicable for the fy 201516 or ay 201617. 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. Get income tax slab rates and income tax deductions in india for assessment year ay 2016 17.
This calculator is exclusively designed for bank employees based on the 10th bipartite settlement with additional calculation of income tax on arrears. 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. Ca sandeep kanoi, income tax rate chart, income tax rates, rate chart, tax rate changes, tax rates. Download income tax slab for ay 201617 in pdf, download latest income tax slab rates for fy 201516 or income tax slab rates for ay 201617. Scroll down below and check all latest tds rate chart issued by income tax department. Mar 01, 2016 download income tax calculator ay 201617 in excel income tax calculator for financial year 201516, ay 201617 have been created in excel format for free download. Fbr income tax ordinance 2001, amended up to june 30, 2016. However, there are few changes to this budget when it comes to tax slabs.
Download itr1 sahaj form for ay 201617 for salaried. Income tax slab rates for ay 2016 17 local authorities local authorities are taxable at a rate of 30%. Incometax slab rates for individual for fy 201617 ay. Apr 30, 2020 tds rate chart for fy 201920 ay 202021. Cooperative societies, firms local authorities and llps. We give below the income tax rates and slabs applicable for the fy 201516 or ay 2016 17. Surcharge and education cess see note income tax slab rates 201718 pdf download. The loan should be sanctioned on or after april 1, 2016. These tax rates are applicable on the income earned during 1 april 201631 march 2017. As there was no change in income tax slabs for fy 201516 i. Chapter vi a deductions and tax slab rates for fy 2015.
Budget 2015new tax slabs and rates for fy 201516 ay. Incometax slab rates for individual for fy 201718 ay 201819 incometax slab rates for individual for fy 201617 ay 201718. This would be applicable where the property cost is below rs 50 lakhs and the home loan is below rs 35 lakhs. Individuals below 60 yrs income tax slab rate ay 201819 fy 201718 income tax. Income tax slab rates for ay 2016 17 local authorities. In this post, we will discuss the relative changes in the tax slab for 2016 17 for different entities. Income tax slab rates for financial year 201516 assessment. Pj joseph on freezing of da to employees drawing cda pay scale at current rates till. Download all in one tds on salary for central and state employees. Latest tds rates chart for fy 201617 budget 201617. Many of you already know the budget implications on your finance. Hdfc life provides the latest income tax rates in india for different age groups and tax benefits offered by various life insurance policies, for the current financial year 201617 save tax with hdfc lifes various online insurance products. Today we are providing income tax slab rates for assessment year 2016 17. 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.
Additional exemption for first time home buyer up to rs. The said change will be effective from 1st june, 2016. Click here to save tax with hdfc lifes various online insurance products. Download income tax calculator ay 201617 in excel income tax calculator for financial year 201516, ay 201617 have been created in excel format for free download. Taxheal is a complete portal for latest updates and information on gst, income tax return, tax saving, gstr etc. Aug, 2019 latest income tax rates for fy 201516 ay 2016 17. Service tax rate chart for fy 201617 and ay 20172018 upto 1st june 2016. How to file itr for fy 201617 and all the links you need. What is income tax rate for financial year 2016 17 fy, assessment year 201718 ay. Y 201516 and ay 2016 17, tds chart for ay 201819, download tds rate chart for ay 202021 etc.
Tax slab rates for fy 201516 ay 201617 for individuals. Hdfc life provides the latest income tax slab rates and deductions in. Income tax slab for fy 202021 pdf download income tax. Government of india income tax slab rates for ay 202014. Income tax slabs ay 201415 fy 2014 income tax slabs ay 201516 fy 201415 income tax slabs ay 201617 fy 201516 income tax slabs ay 201718 fy 201617 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. Scroll down below and check all latest tds rate chart issued by income tax.
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. Incometax slab rates for individual for fy 201617 ay 2017. Pranab mukherjee, the finance minister of india, announced the new personal income tax slab rates while presenting the union budget of india, also called the indian general budget, on friday, march 16, 2012 in new delhi. Here is a primer on income tax slab rates for ay 2016 17.
Income tax slabs financial year 2015 2016 assessment year 2016 2017. 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. 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 archives page 8 of 32 caknowledge files.
However, the surcharge shall be subject to marginal relief where. Incometax slab rates for individual for fy 201516 ay. Every year the income tax rates are changed and it is important to get the latest income tax rates. Apr 10, 2018 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. Y 201516 and ay 201617, tds chart for ay 201819, download tds rate chart for ay 202021 etc.
Ay 2016 17, the following rates were also applicable for fy 201415 ay 201516. Download income tax calculator for fy 201617 ay 201718. What is income tax rate for financial year 201617 fy, assessment year 201718 ay. 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. Comparison of income tax slabs for fy 201718 and fy 201617.
Income tax slabs income tax rates and deductions for fy 2017. Get income tax slab rates and income tax deductions in india for assessment year ay 201617. Income tax slab rates 201819 pdf download ay 201920. Individuals with taxable income below rs 5,00,000 are allowed to claim a tax rebate of rs 5,000 on tax payable from fy 201617. Income tax calculator for fy 201516 ay 201617 excel based the union budget for 2015 was presented today by arun jaitely. Itr 4s sugam, applicability, download for ay 201617. The above income tax rates are for general category men women who are below 60 years of age. In union budget 202021, the news tax slab rate regime is optional and a taxpayer can choose to pay tax in the old regime. Download income tax slabs for individual, huf, company, aop, foreign company with surcharge. Apr 26, 2016 income tax calculator for financial year 201516 assessment year 2016 17 in excel format attached is the income tax calculator with flexi allocation kit for the fy 2015 2016. Chapter vi a deductions and tax slab rates for fy 20152016. Jun 19, 2017 the income tax department has already notified the income tax return forms to be used for filing returns for fy 2016 17 or assessment year 201718. Tds limit on epf premature withdrawal has been increased to rs 50,000. Income tax rates for financial year 201617 relevant to assessment year 201718 sr.
So, refer the above table for the local authorities surcharges. Oct 16, 2015 income tax calculator for fy 200607 to fy 201617. Income tax slab 20162017 fy 201718 ay incometax rate. Here we are providing latest tds rates for ay 202021. Mar 03, 2018 itr 4s sugam, applicability, download for ay 201617. The amount of incometax shall be increased by a surcharge at the rate of 10% of such tax, where total income exceeds fifty lakh rupees but does not exceed one crore rupees. Nil 10% 20% 30% 1a individual senior citizens age 60 years to 79 years nil 10% 20% 30% 1b individual super senior citizens age 80 years and above nil 20% 30% plus. This calculator is exclusively designed for bank employees based on the 10th bipartite settlement with additional calculation of income tax on arr. Income tax slab rates for fy 201617 ay 201718 beacon. Where the income of an individual chargeable under the head salary exceeds fifty per cent of his taxable income, the rates of tax to be applied are as follows. These tax rates are applicable on the income earned during 1 april 2016 31 march 2017.
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