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Slab rate

Tax queries 2376 views 9 replies

 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

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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