March 16, 2012

TD RATES A.Y 2013-14 ( F.Y 2012-13 )

ASSESSMENT YEAR 2013-14 RELEVANT TO FINANCIAL YEAR 2012-13

I TAX RATES FOR INDIVIDUALS OTHER THAN II, III & IV BELOW
Upto 2,00,000 - Nil
2,00,000 to 5,00,000 - 10% of the amount exceeding 2,00,000
5,00,000 to 10,00,000 - Rs.30,000 + 20% of the amount exceeding 5,00,000
10,00,000 & above - Rs.130000 + 30% of the amount exceeding 10,00,000

II TAX RATES FOR RESIDENT WOMEN BELOW 60 YEARS
Upto 2,00,000 - Nil
2,00,000 to 5,00,000 - 10% of the amount exceeding 2,00,000
5,00,000 to 10,00,000 - Rs.30,000 + 20% of the amount exceeding 5,00,000
10,00,000 & above - Rs130000+ 30% of the amount exceeding 10,00,000

III TAX RATES FOR INDIVIDUAL RESIDENTS AGED 60 YRS AND ABOVE & BELOW 80 YEARS (SENIOR CITIZEN)
Upto 2,50,000 - Nil
2,50,000 to 5,00,000 - 10% of the amount exceeding 2,50,000
5,00,000 to 10,00,000 - Rs.25,000 + 20% of the amount exceeding 5,00,000
10,00,000 & above - Rs.125000 + 30% of the amount exceeding 10,00,000

IV TAX RATES FOR INDIVIDUAL RESIDENTS AGED 80 YRS AND ABOVE (VERY SENIOR CITIZEN)
Upto 5,00,000 - Nil
5,00,000 to 10,00,000 - 20% of the amount exceeding 5,00,000
10,00,000 & above - Rs.100000 + 30% of the amount exceeding 8,00,000
There is no surcharge in the case of every individual, Hindu undivided family, Association of persons and body of individuals

About the Author

I`m SENTHAMARAIKANNAN Author Of Senthamaraikannanclub and i interested in Blogs and socialnetworking I wrote so many blogs in my name since 2007.Follow me On Twitter, Like us On Facebook, Join us on Google +

0 comments: