Income Tax Rates. | |
Assessment Year(AY)2014-15 / Financial Year (FY) 2013-14. | |
(i)Individual (other than those mentioned in (ii) and (iii) below) | |
Rs. 2,00,001 to Rs. 5,00,000 | 10 per cent. |
Rs. 5,00,001 to Rs. 10,00,000 | 20 per cent. |
Above Rs. 10,00,000 | 30 per cent. |
(ii)Senior Citizens age 60 yrs to less than 80 yrs | |
Upto Rs. 2,50,000 | Nil. |
Rs. 2,50,001 to Rs. 5,00,000 | 10 per cent. |
Rs. 5,00,001 to Rs.10,00,000 | 20 per cent. |
Above Rs. 10,00,000 | 30 per cent. |
(ii)Senior Citizens age 80 yrs and above. | |
Upto Rs. 5,00,000 | Nil. |
Rs. 5,00,001 to Rs. 10,00,000 | 20 per cent. |
Above Rs. 10,00,000 | 30 per cent. |