please can somebody provide me the slab rate of income tax applicable for partnership firm for A.Y 1988-89 TO 1993-94 is there any difference for firm being registered or not
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Slab rate
Replies (9)
For F.Y. 1985-86 TO 1988-89
|
Income Level |
Income Tax Rate
|
|
0-18000 |
NIL
|
|
18000-25000 |
25%
|
|
25000-50000 |
30%
|
|
50000-100000 |
40%
|
|
>100000 |
50%
|
Rs.50,000 exceeds 5% SURCHARGE
For F.Y. 1989-90
|
Income Level |
Income Tax Rate
|
|
0-18000 |
NIL
|
|
18000-25000 |
20%
|
|
25000-50000 |
30%
|
|
50000-100000 |
40%
|
|
>100000 |
50%
|
Rs.50,000 exceeds 5% SURCHARGE
For F.Y. 1990-91
|
Income Level |
Income Tax Rate
|
|
0-22000 |
NIL
|
|
22000-30000 |
20%
|
|
30000-50000 |
30%
|
|
50000-10000 |
40%
|
|
>100000 |
50%
|
Rs.75,000 exceeds 12% SURCHARGE
For F.Y. 1991-92
|
TAX |
|
MEN |
WOMEN |
SENIOR CITIZEN |
|
Basic Exemption |
|
22000 |
22000 |
22000 |
|
20% tax |
|
22001 to 30000 |
22001 to 30000 |
22001 to 30000 |
|
30% tax |
|
30001 to 50000 |
30001 to 50000 |
30001 to 50000 |
|
40% tax |
|
50001 to 100000 |
50001 to 100000 |
50001 to 100000 |
|
50% tax |
|
Above 100000 |
Above 100000 |
Above 100000 |
Surcharge: 12 per cent of the income-tax when total Income exceeds Rs 1, 00,000
For F.Y. 1992-93
|
TAX |
|
MEN |
WOMEN |
SENIOR CITIZEN |
|
Basic Exemption |
|
28000 |
28000 |
28000 |
|
20% tax |
|
28001 to 30000 |
28001 to 30000 |
28001 to 30000 |
|
30% tax |
|
30001 to 50000 |
30001 to 50000 |
30001 to 50000 |
|
40% tax |
|
50001 to 100000 |
50001 to 100000 |
50001 to 100000 |
|
50% tax |
|
Above 100000 |
Above 100000 |
Above 100000 |
Surcharge: 12 per cent of the income-tax when total Income exceeds Rs 1, 00,000
The following limk will help u.
https://www.onlinesbs.in/wp-content/uploads/2011/07/Income-Tax-Slabs-For-The-Last-27-F.Y.pdf
CA Shivani Mittal
Income Tax Slabs For The Last 27 years
Click Here
Thank you can you send the slab rate of
A Y 2014-15
Current year ka slab rate b btao
Pls send the slab rate for f.y 2014-15
Slab Rate For A Y 2014-15
In case of individual (other than II and III below) and HUF
| Income Level | Income Tax Rate | |
|---|---|---|
| i. | Where the total income does not exceed Rs.2,00,000/-. | NIL |
| ii. | Where the total income exceeds Rs.2,00,000/- but does not exceed Rs.5,00,000/-. | 10% of amount by which the total income exceeds Rs. 2,00,000/- |
| iii. | Where the total income exceeds Rs.5,00,000/- but does not exceed Rs.10,00,000/-. | Rs. 30,000/- + 20% of the amount by which the total income exceeds Rs.5,00,000/-. |
| iv. | Where the total income exceeds Rs.10,00,000/-. | Rs. 1,30,000/- + 30% of the amount by which the total incomeexceeds Rs.10,00,000/-. |
II. In case of individual being a woman resident in India and below the age of 60 years at any time during the previous year:-
| Income Level | Income Tax Rate | |
|---|---|---|
| i. | Where the total income does not exceed Rs.2,00,000/-. | NIL |
| ii. | Where total income exceeds Rs.2,00,000/- but does not exceed Rs.5,00,000/-. | 10% of the amount by which thetotal income exceeds Rs.2,00,000/-. |
| iii. | Where the total income exceeds Rs.5,00,000/- but does not exceed Rs.10,00,000/-. | Rs. 30,000- + 20% of the amount by which the total income exceeds Rs.5,00,000/-. |
| iv. | Where the total income exceeds Rs.10,00,000/- | Rs.1,30,000/- + 30% of the amount by which the total incomeexceeds Rs.10,00,000/-. |
III. In case of an individual resident who is of the age of 60 years or more at any time during the previous year:-
| Income Level | Income Tax Rate | |
|---|---|---|
| i. | Where the total income does not exceed Rs.2,50,000/-. | NIL |
| ii. | Where the total income exceeds Rs.2,50,000/- but does not exceed Rs.5,00,000/- | 10% of the amount by which thetotal income exceeds Rs.2,50,000/-. |
| iii. | Where the total income exceeds Rs.5,00,000/- but does not exceed Rs.10,00,000/- | Rs.25,000/- + 20% of the amount by which the total income exceeds Rs.5,00,000/-. |
| iv. | Where the total income exceeds Rs.10,00,000/- | Rs.1,25,000/- + 30% of the amount by which the total incomeexceeds Rs.10,00,000/-. |
IV. In case of an individual resident who is of the age of 80 years or more at any time during the previous year:-
| Income Level | Income Tax Rate | |
|---|---|---|
| i. | Where the total income does not exceed Rs.2,50,000/-. | NIL |
| ii. | Where the total income exceeds Rs.2,50,000/- but does not exceed Rs.5,00,000/- | Nil |
| iii. | Where the total income exceeds Rs.5,00,000/- but does not exceed Rs.10,00,000/- | 20% of the amount by which thetotal income exceeds Rs.5,00,000/-. |
| iv. | Where the total income exceeds Rs.10,00,000/- | Rs.1,00,000/- + 30% of the amount by which the total incomeexceeds Rs.10,00,000/-. |
Surcharge of 10% on income more than Rs. 1 crore
@ Anoop.. Slab rate declared for FY 2014-15 on Finance Act 2014. So, wait for next finance Act to know the Slab rate.
Thank you sir!!!!!:-)
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