Income Tax Slab For FY 2014-15

By Tuesday, June 17, 2014 2 No tags Permalink 4

The new and revised income tax slabs and rates applicable for the financial year (FY) 2014-15 and assessment year (AY) 2015-16 are mentioned below:  Common People Income Slab Tax Rates 1 Up to Rs 2,00,000 No tax / exempt 2 2,00,001 to 5,00,000 10% of amount by which the total income exceeds Rs. 2,00,000/-. 3 5,00,001 to 10,00,000 Rs. 30,000/- + 20% of the amount by which ...