Income tax details for the year 2014-15
Saving Limited to ₹.1,50,000/-
Total Taxable Income
1) upto ₹.2,50,000/- NIL
2) ₹.2,50,000/-to ₹.5,00,000/-(10%)
3) ₹.5,00,000/- to ₹.10,00,000/-
(20%)
4) Above ₹.10,00,000/- (30%)
Tax payable
Less: Tax rebate U/S 87 A
[ If total income does not exceed ₹.5,00,000 / -tax rebate U/S 87 A is allowed subject to maximum of ₹.2000/-]
Add : Education cess @3% நன்றி முகமது .
Saving Limited to ₹.1,50,000/-
Total Taxable Income
1) upto ₹.2,50,000/- NIL
2) ₹.2,50,000/-to ₹.5,00,000/-(10%)
3) ₹.5,00,000/- to ₹.10,00,000/-
(20%)
4) Above ₹.10,00,000/- (30%)
Tax payable
Less: Tax rebate U/S 87 A
[ If total income does not exceed ₹.5,00,000 / -tax rebate U/S 87 A is allowed subject to maximum of ₹.2000/-]
Add : Education cess @3% நன்றி முகமது .