The national board of revenue nbr is the apex authority for tax administration in bangladesh. The normal tax rates applicable to a resident individual will depend on the age of the individual. Income tax slabs and rates for fy 202021 bankbazaar. However, in case of a nonresident individual the tax rates will be same irrespective of his age.
Tax slab for financial year 201516 assessment year 1617. Incometax slab rates for individual for fy 201516 ay 2016. Abcaus excel based auto fill form 16 for ay 2015 16. I hope this article helps you to decide your applicable income tax slab for a. Income tax slab rates for individual for fy 201516 ay 201617 tax expert. Assessment personal finance guide to mutual funds, stocks, insurance, investments, loans, tax planning, nonresident indians related issues. This form of tax is in practice for a long time and states were continue reading professional tax for the financial. Download income tax calculator for fy 201415 ay 201516. Income tax rates for fy financial year 201415 ay assessment year 2015 16 final, for individuals,men, women, senior citizens, hufs and other categories surcharge and education cess. Income tax rates for assessment year 20162017 previous year 201516 income tax rates. Some of the highlights of income tax slab rates for fy 201920 assessment year 202021 income tax slab rates help you decide whether your income is taxable or not. Income tax slabs and rates for fy 202021 last updated. You can complete filing your income tax return in just 15 minutes using the website or the mobile app. This year as well, the indian finance minister nirmala sitharaman announced multiple changes that have taken place in the budget.
Incometax slab rates for individual for fy 201516 ay. Union budget 201516 and 201415 have not altered the rebate available under section 87a for fy 201516, 201415 or ay 201617, 201516 meaning thereby that effectively there will be no income tax payable up to the total income of rs. Oct 16, 2015 income tax slab rates from ay 199293 to ay 2015 16 a. Availabilityincome tax rebate section 87a fy 201415 ay 201516.
Income tax slabs income tax rates fy 201415 av 201516. Here is a primer on income tax slab rates for ay 201617. It was established by the father of the nation bangabandhu sheikh mujibur rahman under presidents order no. Fill up the relevant details to know your tax liability for fy 201516 income tax slabs for fy 201516 ay 201617 general public income tax slab education cess of 3% surcharge of 12% on rs 1 crore plus income earners tax credit of rs 2,000 for income up to rs 5 lakhs us 87a there are no separate slab for male and female tax. Income tax slab rates for individual for fy 201718 ay 201819 income tax slab rates for individual for fy 201617 ay 201718. Download income tax slabs for individual, huf, company, aop, foreign company with surcharge details. The above income tax rates are for general category men women who are below 60 years of age. Income tax rates on partnership firm for ay 201516 cakart. Please click here for latest personal income tax rates income tax rates applicable for individuals, hindu undivided family huf, association of persons aop and body of individuals boi in india is as under. The new and revised income tax slabs and rates applicable for the financial year fy 201112 and assessment year ay 2012 are mentioned below. Jul 11, 2014 income tax rate chart income tax slabs as applicable for assessment year 2015 16 financial year 201415 for individual, huf, aop, boi, partnership firms, llp and companies. People of kashmir and floodhit districts can file gstr till. We will cover other aspects like filing of income tax return of partnership firm, assessment of partnership firms and book profit.
Income tax slab for fy 2015 16 ay 201617 there is no change in income tax slabs except additional 2% increase in cess for super rich i. Ay is assessment year latest income tax rates for fy 2015 16. Income tax slab for filing tax return on income in india. For income tax purpose citizens above age of 60 are considered as senior citizens and above age of 80 are considered very senior citizens. Income tax slabs and rates for assessment year 201516 cakart. Download income tax calculator for fy 201516 ay 201617 income tax slab for fy 201415 ay 201516 the income tax slab has changed for general public and senior citizens. Tds on pensions to be deducted by bankers dated 06. Income tax slab rate for ay 202122 for individuals opting for old tax regime. New income tax slab for ay 12 new income tax slabs for ay 12 for resident senior citizens above 60 years fy 201112. Income tax slabs for individuals are divided into 3 slabs. In union budget 202021, the news tax slab rate regime is optional and a taxpayer can choose to pay tax in the old. Jan 09, 2017 have a look at the past 25 years income tax slab rates for individuals in india.
The age of the individual is the factor to divide the slab rates in the income tax table. Know more about income tax slabs and rates for assessment year 201516. Income tax rates on partnership firm for ay 2015 16. If you can not file the return within the due date, you can still file the belated return us 94 upto 31.
Income tax slab rates for individual for fy 201819 ay 201920 itr1 and itr2 ay 201920 released. Download it slabs from fy 200809 to fy 201516 file in pdf. The finance minister has introduced many changes in the income tax slab rate for financial year 20192020 ay 20202021. It is immaterial that partnership is registered or not registered. Ca sandeep kanoi income tax rate chart income tax slabs as applicable for assessment year 201516 financial year 201415 for. Lets first understand what is income tax slab in india. The age groups are up to age 60, age 60 to 80 and above age 80. As there was no change in income tax slabs for fy 2015 16 i. Complete details of tds rate changes for financial year 201516 tcs rate changes, due date to deposit tds, due date for form 16, due date for form 16a, due date for etds return form 24q,penalty and interest provision for late deposit of tds,consequences for default in filing of e tds return, tds rate applicable in case of non submission of pan,tds rate applicable on service tax or not. Government of india income tax slab rates for ay 20152016. For the purpose of ascertainment of the applicable tax slab, an individual can be classified as follows. Mar 19, 2019 download income tax slab for ay 201617 in pdf, download latest income tax slab rates for fy 201516 or income tax slab rates for ay 201617. Government of india income tax slab rates for ay 20142015. For individuals below 60 years age including woman assessees.
Income tax slab rates for individual for fy 201516 ay 201617. Individual resident or nonresident, who is of the age of less than 60. So partnership firm is taxes under the income tax slab for partnership firm and partners are taxes under the income tax slab for individuals. New income tax slabs for ay 1415 for resident senior citizens above 60 years. Income tax slab rates for individual for fy 2015 16 ay 201617.
Income tax rates on partnership firm for ay 201516. Individual resident or nonresident, who is of the age of less than 60 years on the last day of the relevant previous year. Apr 14, 2020 new income tax slab 201920budget 2019 find latest income tax slab rates in india for individuals, nri, huf, boi, aop, llp, local authority, cooperative society and company. Income tax slab for fy 202021 pdf download income tax. Individual, hindu undivided family, association of persons, body of individuals, artificial juridical person. Assessment year personal finance guide to mutual funds, stocks, insurance, investments, loans, tax planning, nonresident indians related issues. Latest income tax slabs and rates for fy 201516 and ay 201617. Hope, now you all know the income tax rates on partnership firm. The tax rates discussed in this part are applicable for assessment year 202021 i. Availabilityincome tax rebate section 87a fy 201415 ay.
Union budget 2015 16 and 201415 have not altered the rebate available under section 87a for fy 2015 16, 201415 or ay 201617, 2015 16 meaning thereby that effectively there will be no income tax payable up to the total income of rs. Assessment year 201516, relevant to financial year 201415. Normal tax rates applicable to an individual the normal tax rates applicable to a resident individual will depend on the age of the individual. Download pdf files for form 15g, form 15h, form 60, form 61. There are lot of changes in tax rates and cess in the last 25 years. Due date of filing income tax return for the ay 2015 16 has been extended by cbdt from 31st july 2015 to 31st august 2015. Income tax slab rates for financial year 201516 assessment. Hdfc life provides the latest income tax slab rates and deductions in india for tax payers in different age groups and tax benefits offered by its online insurance products, for the financial year 2014. Professional tax is a tax levied by the various state governments of india on salaried individuals, working in government or nongovernment entities, or in practice of any profession, including chartered accountants, doctors, lawyers etc or carry out some form of business.
We give below the income tax rates and slabs applicable for the fy 2015 16 or ay 201617. As there was no change in income tax slabs for fy 201516 i. Income tax slab rates for fy 2015 16 ay 201617 are as under. Income tax slabs for filing tax return for individuals and hufs. Excel tds form16 automatic certificateay 201516 download. Ay 201617, the following rates were also applicable for fy 201415 ay 2015 16 latest income tax slabs in india fy 201617 or as 201718. Jul 14, 2016 this file contain personal income tax slab rate from fy 2008 09 to 2015 16. Mar 17, 2016 march 1 to 15, 2016 u taxmanns corporate professionals today u vol.
21 339 313 578 675 1008 1148 431 108 280 483 1461 421 1281 67 1464 1426 1489 833 954 891 570 404 1284 440 624 1516 1495 536 1356 700 682 442 1267 708 1467 4 903 845 209 189 246 218 206 1475 384 866 861 1338