Income Tax Rates for Assessment year 2015-2016 (Previous year 2013-14)
| Income Tax Rates/Slab for Assessment Year 2015-16 (Previous Year 2013-14) | Rates/ %age |
| Up to 2,50,000 Up to 2,50,000 (for women) Up to 3,00,000 (for resident individual of 60 years till 80 years) |
Nil |
| 250,001 – 5,00,000Up to 500,000 (for resident individual of 80 years and above, Tax is nil) | 10%Nil |
| 5,00,001 – 10,00,000 | 20% |
| 10,00,001 upwards | 30% |
Education Cess of 3% is also applicable to Income Tax computed as per above slab.
Visit here for Income Tax Rates for year 2015-2106.
Comments
One response to “Income Tax Rates for current year 2014-2015 (Assessment year 2015-2016)”
thank you for your information