Income Tax Slab Rates for Financial Year 2013-14 (Assessment Year-2014-15)

Income Tax Slab Rates for Financial Year 2013-14 (Assessment Year-2014-15)

Resident Super Senior Citizen
Who is 80 Years or more at any time during the Previous year

Net Income Range	Income Tax Rates	Surcharge	Education Cess	Secondary & Higher Education Cess
Upto Rs.5,00,000/-	NIL	NIL	NIL	NIL
Rs.5,00,001/- upto Rs.10,00,000/-	20% of (Total Income minus Rs.5,00,000/-)	NIL	2% of Income Tax	1% of Income Tax
Rs.10,00,001/- upto Rs.1,00,00,000/-	Rs.1,00,000/- + 30% of (Total Income minus Rs.10,00,000)	NIL	2% of Income Tax	1% of Income Tax
Above Rs. 1,00,00,000/-	Rs.28,00,000/- + 30% of (Total Income minus Rs.1,00,00,000)	Ringtones	Download	Download
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Resident Senior Citizen
Who is 60 Years or more at any time during the Previous year,But less than 80 Year as on the last day of the previous Year i.e. 31.03.2014

Net Income Range	Income Tax Rates	Surcharge	Education Cess	Secondary & Higher Education Cess
Upto Rs.2,50,000/-	NIL	NIL	NIL	NIL
Rs.2,50,001/- upto Rs.5,00,000/-@	10% of (Total Income minus Rs.2,50,000/-)	NIL	2% of Income Tax	1% of Income Tax
Rs.5,00,001/- upto Rs.10,00,000/-	Rs.25,000 + 20% of (Total Income minus Rs.5,00,000/- )	NIL	2% of Income Tax	1% of Income Tax
Rs.10,00,001/- upto Rs.1,00,00,000/-	Rs.1,25,000/- + 30% of (Total Income minus Rs.10,00,000)	NIL	2% of Income Tax	1% of Income Tax
Above Rs. 1,00,00,000/-	Rs.28,25,000/- + 30% of (Total Income minus Rs.1,00,00,000)	10% of Income Tax *	2% of Income Tax & Surcharge	1% of Income Tax & Surcharge

For Any Other Resident/ Non-Resident Individuals, HUF/AOP/BOI/Artificial Jurisdictional Person

Net Income Range	Income Tax Rates	Surcharge	Education Cess	Secondary & Higher Education Cess
Upto Rs.2,00,000/-	NIL	NIL	NIL	NIL
Rs.2,00,001/- upto Rs.5,00,000/-@	10% of (Total Income minus Rs.2,00,000/-)	NIL	2% of Income Tax	1% of Income Tax
Rs.5,00,001/- upto Rs.10,00,000/-	Rs.30,000 + 20% of (Total Income minus Rs.5,00,000/-)	NIL	2% of Income Tax	1% of Income Tax
Rs.10,00,001/- upto Rs.1,00,00,000/-	Rs.1,30,000/- + 30% of (Total Income minus Rs.10,00,000)	NIL	2% of Income Tax	1% of Income Tax
Above Rs. 1,00,00,000/-	Rs.28,30,000/- + 30% of (Total Income minus Rs.1,00,00,000)	10% of Income Tax	2% of Income Tax & Surcharge	1% of Income Tax & Surcharge