New tax slab applicable
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 July 2014
Hi
Can anybody plz let me know from when this tax slabs are applicable ?
From 1st April,2014
From 1st August,2014
From 1st April,2015
Also, what abt that Rs 2,000/- tax credit for taxable income below Rs 5 lacs ?
Is 80 C limit extension to Rs 1.5 lacs also applicable from the same date as tax slabs ?
Thanks in advance !
Can anybody plz let me know from when this tax slabs are applicable ?
From 1st April,2014
From 1st August,2014
From 1st April,2015
Also, what abt that Rs 2,000/- tax credit for taxable income below Rs 5 lacs ?
Is 80 C limit extension to Rs 1.5 lacs also applicable from the same date as tax slabs ?
Thanks in advance !
16 July 2014
From 1st april 2014 these rates are applicable and yes rebate of Rs.2000 is still available.
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16 July 2014
Slab Rates and enhancement in 80C limit are applicable for PY 2014-15 relating to AY 2015-16. Rebate u/s 87A continues since it has not been specifically withdrawn.
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