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Year: 2013

Income Tax Rates for FY 2013-14 / AY 2014-15

Income Tax Rates for FY 2013-14 / AY 2014-15

Income Tax Rates applicable for Individuals, Hindu Undivided Family (HUF), Association of Persons (AOP) and Body of Individuals (BOI) in India is as under: Assessment Year 2014-15, Relevant to Financial Year 2013-14 For Individuals below 60 years age (including Woman Assessees): Income Tax Rate Upto 200,000 Nil 200,000 to 500,000 10% of the amount exceeding 200,000 500,000 to 1,000,000 Rs.30,000 + 20% of the amount exceeding 500,000 1,000,000 & above Rs.130,000 + 30% of the amount exceeding 1,000,000 For Individuals…

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