Income Tax Rates / Tax Slab for AY 2014-2015 (FY 2013-2014)
Income Tax Slab / Rates applicable in India for Individuals, Hindu Undivided Family (HUF), Association of Persons (AOP) and Body of Individuals (BOI):
For Individuals below 60 years age (including Woman Assessees)
upto Rs 2 Lakh
NIL
Rs 2 lakh - Rs 5 Lakh
10% on amount exceeding Rs 2 lakh
Rs 5 lakh - 10 Lakh
Rs 30000 + 20% of amount exceedng Rs 5 Lakh
above Rs 10 akh
Rs 130000 + 30% of amount exceeding Rs 10 lakh
For Individuals aged 60 years and above but below 80 years (Senior Citizen)
upto Rs 2.50 Lakh
NIL
Rs 2.50 lakh - Rs 5 Lakh
10% on amount exceeding Rs 2.50 lakh
Rs 5 lakh - 10 Lakh
Rs 25000 + 20% of amount exceedng Rs 5 Lakh
above Rs 10 akh
Rs 125000 + 30% of amount exceeding Rs 10 lakh
For Individuals aged 80 yea...