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Arjun (Finance Expert)     10 July 2014

Impact of union budget of 2014-15

UNION BUDGET 2014-15 IMPACT : NO CHANGE IN SLABS OR RATE

FOR PERSONAL INCOME TAX

Income Tax Slab for Senior Citizens : Age Between 60 Yrs - 80 Yrs 

Income tax slab (in Rs.)

Tax

0 to 2,50,000

Nil

2,50,001 to 5,00,000

10 %

5,00,001 to 10,00,000

20 %

Above 10,00,000

30 %

 

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Income Tax Slab for Senior Citizens : Above 80 Yrs 

Income tax slab (in Rs.)

Tax

0 to 500,000

Nil

5,00,001 to 10,00,000

20 %

Above 10,00,000

30 %

 
 


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