Income tax rates fy 2012-13 pdf file

Income tax rate chart slabs for assessment year 201112 and earlier years has been given chart form as under in respect of individual, hufhindu undivided family,boibody of individuals. There have been talks of change in income tax slabs for next financial year i. There will be no surcharge on income tax payments by partnership firm and cooperative society while for domestic company surcharge will be 5% and anad 2% on foreign company for fy 2012 ay 2014. So we are now in income tax return filing month july. Mehtas incometax ready reckoner assessment year 200203 if you are not able to view the pdf file, download latest acrobat which is free for download click on adobe icon below. Income tax rates applicable for the financial year fy 2012 and assessment year ay 2014 are. Income tax department has issued a circular about tds on salary and all the aspects of income tax on salary, different circulars and notifications, forms, deduction on salary etc. Download income tax slab rates for fy 2012 file in docx.

Certain income of nonresident, interalia, dividend, interest, royalty or fees for technical services shall be taxable as per the rates prescribed under the income tax act or as per the rates prescribed under the dtaas, whichever is more beneficial to such nonresident. In the budget 20 announcement the tax slabs has been broadened for men and senior citizens by the indian finance ministry. Can i file income tax returns for the assessment year 201112. In case of individual other than ii, iii and iv below and huf.

If you are wondering how much income tax you would you save in next year 2012 post budget 2012, here is a calculator for you in excel format below is the income tax slab for fy 2012. Higher rate for higher rate income tax payers rate for entrepreneurs. Now both men and women would have same income tax slabs. Income tax department income tax return statistics. Aug 12, 2019 depreciation rates as per income tax act for a. Income tax returns for a financial year must be filed by individuals on or before the 31st of july of the next financial year. Income tax income tax rates ay 2012 fy 2011 referencer. However, for the corporate sector as well as for persons who are having the requirement of tax audit, the last date of filing incometax return happens to be 30th september 20. Applicable to individual male below the age of 60 years. Also where the aggregate of the amounts paidcredited or likely to be paidcredited to contactor or subcontractor exceeds rs. Latest income tax slabs for fy 2011 2012 here are the latest slabs for the income tax for the income incurring in fy2011 2012. The amount of income tax shall be increased by education cess on income tax at the rate of 2% percent of the income tax payable by both. Income tax rates applicable for individuals, hindu undivided family huf, association of persons aop and body of individuals boi in india is as under.

Taxable income in 10% slab maximum tax will be rs 32000. Refer union government, department of revenuedirect taxes report no. Nonresident tax rates change from 1 july 2012 from 1 july 2012, the first 2 marginal tax rate thresholds are merged into a single threshold, which aligns with the second marginal tax rate for residents 32. Slabs for income tax rates are divided in following categories. Latest income tax slabs for fy 20112012 here are the latest slabs for the income tax for the income incurring in fy20112012. Jul 01, 2012 tds rate chart fy 2012 tcs rates chart after budget 2012 120 0 raj kumari sunday, july 1, 2012 edit this post tds tax deducted at source rate chart for financial year 2012 is given below for your ready reference. Income tax rates slabs for the financial year 20112012 a.

For normal category the simple calculation is as follows. Tax rates 20 for the 2012 financial year atotaxrates. Last date to these incometax returns in most cases for ay 202014 fy 201220 is 31july20. There will be no surcharge on income tax payments by individual taxpayers during fy 2012 ay 2014. In 2014, income tax department has identified additional 22,09,464 nonfilers who have done high value transactions.

The amount of income tax as computed in accordance with above rates, and after being reduced by the amount of tax rebate shall be increased by a surcharge at the rate of 5% of such income tax, provided that the total income exceeds rs. Income tax rates for individuals,hufs,for woman,senior citizen,cooperative society,firm, income tax rates for fy 2012 and ay 2014. Dec 16, 2019 concept of total income will be covered in latter post. Download income tax slab rates for fy 2012 file in docx format. Act, 1961 market rate of gold and silver as on 32011. Apr 22, 20 the slab of income tax rates for fy 2012 ay 2014 is to some extent different from that of slab of fy 1112 ay 2012.

Rates of income tax for companies,firms,limited partnership firm and all other assesses for financial year 201011 is also given in the charts. In other words, in this year, the taxpayers were not given any extra relief in terms of income tax rates. The following it rates were applicable for the financial year ending march 31, 20 financial year 2012assessment year 2014. Mar 16, 2012 now people would be able to save upto rs. Income tax rates income tax slabs for assessment year 2012.

Download tds rates chart 201112 in pdf format note. Mar 16, 2019 admin march 16, 2019 march 16, 2019 no comments on income tax slab rate for fy 2012 pdf income tax rates. Concept of total income will be covered in latter post. For example, income tax returns of fy 201617 that end on 31 st march 2017 will be due on 31st july 2017however, the du. These rates are subject to enactment of the finance bill 2012. Log on to efiling portal at if you are not registered with the efiling portal, use the register. Income tax rates for financial year 2012 and ay 2014. Income tax calculator new scheme vs old scheme and consent letter for fy 202021. The new and revised income tax slabs and rates applicable for the financial year fy 201112 and assessment year ay 2012 are mentioned below. The 2012 non resident tax scale is here school kids bonus. Latest income tax slabs and rates for fy 2012 and as. Individual income tax rates for prior years australian. The slab of income tax rates for fy 2012 ay 2014 is to some extent different from that of slab of fy 1112 ay 2012.

Ay 2014 fy 2012 it is to be noted that in the financial yearthe slabs and tax rates were kept at the ry level as those in the previous financial year male below 60 years. The above rates do not include the temporary budget repair levy. This category is abolished from this year and is thus is same as that of. Certain income of nonresident, interalia, dividend, interest, royalty or fees for technical services shall be taxable as per the rates prescribed under the incometax act or as per the rates prescribed under the dtaas, whichever is more beneficial to such nonresident. Mar 28, 20 the file also contains rate of tax for last 16 financial year i. Jul 10, 20 1 efiling has become mandatory for assessees having income more than rs.

Tcs tax collection rate chart for financial year 2012 is also given here under. In 20, income tax department issued letters to 12,19,832 nonfilers who had done high value transactions. The last date of filing income tax extended upto 5. The amount of income tax shall be increased by education cess on income tax at the rate of two per cent of the income tax. Further rates of sttsecurities transaction tax ay 2011. Special rates long term capital gains a on equity shares and units. Tax slab for financial year 201516 assessment year 1617. 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. Another significant change in this budget was abolishing lower tax slab for women. There may be further change in 80c rules which can give you more tax saving opportunity. A significant difference is there is no more distinction between men.

Income tax rates for fy financial year 2012 ay assessment year 2014,for individuals,men, women, senior citizens, hufs and other categories surcharge and education cess. Further, for ty 2012 onwards, it is mandatory for every person not being a company or a person filing return in itr 7 to e file the return of income, if total income exceeds inr500,000 and for every person claiming tax relief under section 90, 90a or 91 of the indian income tax act, 1961 i. Mar 16, 2012 the previous version of income tax calculator fy 2012 had benefit of infrastructure bond incorporated but as reported by major newspapers infra bond benefit would no more be eligible for income tax exemption under section 80ccf. The taxation and other laws relaxation of certain provisions ordinance, 2020. This is the income tax slabs for financial year 2012 and the analysis year 2014. The financial year for tax purposes for individuals starts on 1st july and ends on 30 june of the following year. Now this year, it is expected that this upper limit may be changed to rs. Income tax slabs financial year 2014 rgess eligible nsebse shares list. Aug 28, 2011 download tds rates chart 201112 in pdf format note. Click here to read other articles of ca srikant agarwal.