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AY 2006-2007

Individual (MALE)
INCOME SLAB

TAX

Upto Rs. 100000


Rs. 100000 to Rs. 150000
Rs. 150000 to Rs. 250000
Rs. 250000 to Rs. 1000000

NIL
10% of (total income - Rs. 100000)
Rs. 5000 + 20% of (total income - Rs. 150000)
Rs. 25000 + 30% of (total income - Rs. 250000)

Above Rs. 1000000

Rs. 250000 + 30% of (total income - Rs. 1000000)

Individual (FEMALE)
Upto Rs. 135000
Rs. 135000 to Rs. 150000
Rs. 150000 to Rs. 250000
Rs. 250000 to Rs. 1000000

NIL
10% of (total income - Rs. 135000)
Rs. 1500 + 20% of (total income - Rs. 150000)
Rs. 21500 + 30% of (total income - Rs. 250000)

Above Rs. 1000000

Rs. 246500 + 30% of (total income - Rs. 1000000)

Individual (SENIOR CITIZEN)


Upto Rs. 185000
Rs. 185000 to Rs. 250000
Rs. 250000 to Rs. 1000000

NIL
20% of (total income - Rs. 185000)
Rs. 13000 + 30% of (total income - Rs. 250000)

Above Rs. 1000000

Rs. 238000 + 30% of (total income - Rs. 1000000)

SURCHARG
HIGHER
EDU. CESS
E
EDU. CESS
NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
NIL
NIL
NIL

10%

2%

NIL

NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
NIL
NIL
NIL

10%

2%

NIL

NIL
NIL
NIL

NIL
2%
2%

NIL
NIL
NIL

10%

2%

NIL

AY 2007-2008
Individual (MALE)
INCOME SLAB

TAX

Upto Rs. 100000


Rs. 100000 to Rs. 150000
Rs. 150000 to Rs. 250000
Rs. 250000 to Rs. 1000000

NIL
10% of (total income - Rs. 100000)
Rs. 5000 + 20% of (total income - Rs. 150000)
Rs. 25000 + 30% of (total income - Rs. 250000)

Above Rs. 1000000

Rs. 250000 + 30% of (total income - Rs. 1000000)

Individual (FEMALE)
Upto Rs. 135000
Rs. 135000 to Rs. 150000
Rs. 150000 to Rs. 250000
Rs. 250000 to Rs. 1000000

NIL
10% of (total income - Rs. 135000)
Rs. 1500 + 20% of (total income - Rs. 150000)
Rs. 21500 + 30% of (total income - Rs. 250000)

Above Rs. 1000000

Rs. 246500 + 30% of (total income - Rs. 1000000)

Individual (SENIOR CITIZEN)


Upto Rs. 185000
Rs. 185000 to Rs. 250000
Rs. 250000 to Rs. 1000000

NIL
20% of (total income - Rs. 185000)
Rs. 13000 + 30% of (total income - Rs. 250000)

Above Rs. 1000000

Rs. 238000 + 30% of (total income - Rs. 1000000)

SURCHARG
HIGHER
EDU. CESS
E
EDU. CESS
NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
NIL
NIL
NIL

10%

2%

NIL

NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
NIL
NIL
NIL

10%

2%

NIL

NIL
NIL
NIL

NIL
2%
2%

NIL
NIL
NIL

10%

2%

NIL

286796912.xls for AY 2008-2009 (Salary)


AY 2008 -2009
Individual (MALE)
INCOME SLAB

TAX

SURCHARG
E

Upto Rs. 110000

NIL

NIL

Rs. 110000 to Rs. 150000


Rs. 150000 to Rs. 250000
Rs. 250000 to Rs. 1000000

10% of (total income - Rs. 110000)


Rs. 4000 + 20% of (total income - Rs. 150000)
Rs. 24000 + 30% of (total income - Rs. 250000)

NIL
NIL
NIL

Above Rs. 1000000

Rs. 249000 + 30% of (total income - Rs. 1000000)

10%

Upto Rs. 145000


Rs. 145000 to Rs. 150000

NIL
10% of (total income - Rs. 145000)

NIL
NIL

Rs. 150000 to Rs. 250000


Rs. 250000 to Rs. 1000000

Rs. 500 + 20% of (total income - Rs. 150000)


Rs. 20500 + 30% of (total income - Rs. 250000)

NIL
NIL

Above Rs. 1000000

Rs. 245500 + 30% of (total income - Rs. 1000000)

10%

Upto Rs. 195000


Rs. 195000 to Rs. 250000
Rs. 250000 to Rs. 1000000

NIL
20% of (total income - Rs. 195000)
Rs. 11000 + 30% of (total income - Rs. 250000)

NIL
NIL
NIL

Above Rs. 1000000

Rs. 236000 + 30% of (total income - Rs. 1000000)

10%

Individual (FEMALE)

Individual (SENIOR CITIZEN)

286796912.xls for AY 2008-2009 (Salary)


AY 2008 -2009

EDU. CESS

HIGHER
EDU. CESS

NIL

NIL

2%
2%
2%

1%
1%
1%

2%

1%

NIL
2%

NIL
1%

2%
2%

1%
1%

2%

1%

NIL
2%
2%

NIL
1%
1%

2%

1%

286796912.xls for AY 2008-2009 (Non Salary)


AY 2008-2009
SECTION CODE

DESCRIPTION

TAX

SURCHARGE (if
Applicable)

EDU. CESS

HIGHER EDU.
CESS

REMARK
In case of domestic
company, rate of
Tax is 20%

193

Interest on securities

10%

10%

2%

1%

194

Dividends

10%

10%

2%

1%

Interest other than


Interest on Securities

10%

10%

2%

1%

30%

10%

2%

1%

30%

10%

2%

1%

194A

194B
194BB

Winning from Lottery or


Crossword Puzzle
Winning from Race
Horse

In case of domestic
company, rate of
Tax is 20%

194C

Payment to Contractor
and Sub- Contractors

2%

10%

2%

1%

In case of
advertising
contract, rate of
tax is 1%

194D

Insurance Commision

10%

10%

2%

1%

In case of domestic
company, rate of
Tax is 20%

194EE

Deposits under NSS

20%

10%

2%

1%

194F

Repurchase of Units by
Mutual Fund or UTI

20%

10%

2%

1%

194G

Commission on sale of
Lottery Tickets

10%

10%

2%

1%

194H

Commision or
Brokerage

10%

10%

2%

1%

Upto May 31,2007,


rate of tax is 5 %

194I

Rent

10%

10%

2%

1%

Up to 31/05/2007,
15% in Case of
Individual and HUF
and 20% in case of
others AND after
31/05/2007In case
of rent of land,
building or
furniture to an
Individual or HUF,
rate of tax is 15%,
In case of rent of
land, building or
furniture to a
person other than
an Individual or
HUF, rate of tax is
20% In Case of
Plant And
Machinery Rate is
10%

194J

Fees for Professional or


Technical Services

10%

10%

2%

1%

Upto May 31,2007,


rate of tax is 5 %

286796912.xls for AY 2008-2009 (Non Salary)


AY 2008-2009
SECTION CODE

194K
194LA

DESCRIPTION
Income in respect of
units
Compensation on
acquisition of
immovable property

Note:

6CA

6CI

6CB

6CC

6CD

6CE

6CF

6CG

Alcholic Liquor For


Human Consumption

Tendu Leaves

Timber obtained Under


a Forest Leade

Timber obtained (other


than Forest)

Forest Produce (other


than Tendu Leaves)

Scrap

Parking Lot

Toll plaza

TAX

SURCHARGE (if
Applicable)

EDU. CESS

HIGHER EDU.
CESS

10%

10%

2%

1%

10%

10%

2%

1%

REMARK

Surcharge is applicable to every section in case where the amount subject to tax deduction ex
Rs. 1000000 in case of an individual HUF, BOI, AOP & Rs. 1 crore in case of a firm/domestic com

1%

5%

3%

3%

3%

1%

2%

2%

10%

10%

10%

10%

10%

10%

10%

10%

2%

2%

2%

2%

2%

2%

2%

2%

1%

In case of nondomestic company


& amount liable to
tax exceeds Rs. 1
crore, rate of
surcharge is 2.5%

1%

In case of nondomestic company


& amount liable to
tax exceeds Rs. 1
crore, rate of
surcharge is 2.5%

1%

In case of nondomestic company


& amount liable to
tax exceeds Rs. 1
crore, rate of
surcharge is 2.5%

1%

In case of nondomestic company


& amount liable to
tax exceeds Rs. 1
crore, rate of
surcharge is 2.5%

1%

In case of nondomestic company


& amount liable to
tax exceeds Rs. 1
crore, rate of
surcharge is 2.5%

1%

In case of nondomestic company


& amount liable to
tax exceeds Rs. 1
crore, rate of
surcharge is 2.5%

1%

In case of nondomestic company


& amount liable to
tax exceeds Rs. 1
crore, rate of
surcharge is 2.5%

1%

In case of nondomestic company


& amount liable to
tax exceeds Rs. 1
crore, rate of
surcharge is 2.5%

286796912.xls for AY 2008-2009 (Non Salary)


AY 2008-2009
SECTION CODE

6CH

Note:

DESCRIPTION

Mining And Quarrying

TAX

2%

SURCHARGE (if
Applicable)

10%

EDU. CESS

2%

HIGHER EDU.
CESS

REMARK

1%

In case of nondomestic company


& amount liable to
tax exceeds Rs. 1
crore, rate of
surcharge is 2.5%

Surcharge is applicable to every section in case where the amount subject to tax deduction ex
Rs. 1000000 in case of an individual HUF, BOI, AOP & Rs. 1 crore in case of a firm/domestic com

286796912.xls for AY 2008-2009 (Non Salary)


AY 2008-2009
Limit for Tax
Deduction

Rs. 2500
Rs. 2500 (No Tax
to be Deducted if
DDT Has been Paid
U/s 115-O)
Banking
Company / Cooperative society /
Post Office- Rs.
5000(upto May31,
2007) & Rs. 10000
(from June 1,
2007) Others - Rs.
5000

Rs. 2500
Rs. 20000 in a
single payment or
Rs. 50000 in
aggregate
Rs. 5000
Rs. 2500

Rs. 1000
Rs. 2500

Rs. 120000

Rs. 20000

10

286796912.xls for AY 2008-2009 (Non Salary)


AY 2008-2009
Limit for Tax
Deduction
Rs.2500
Rs. 100000

ble to every section in case where the amount subject to tax deduction exceeds
of an individual HUF, BOI, AOP & Rs. 1 crore in case of a firm/domestic company

11

286796912.xls for AY 2008-2009 (Non Salary)


AY 2008-2009
Limit for Tax
Deduction

ble to every section in case where the amount subject to tax deduction exceeds
of an individual HUF, BOI, AOP & Rs. 1 crore in case of a firm/domestic company

12

286796912.xls for AY 2009-2010 (Salary)


AY 2009 -2010
Individual (MALE)
INCOME SLAB

TAX

SURCHARG
E

Upto Rs. 150000

NIL

NIL

Rs. 150000 to Rs. 300000

10% of (total income - Rs. 150000)

NIL

Rs. 300000 to Rs. 500000


Rs. 500000 to Rs. 1000000

Rs. 15000 + 20% of (total income - Rs. 300000)


Rs. 55000 + 30% of (total income - Rs. 500000)

NIL
NIL

Above Rs. 1000000

Rs. 205000 + 30% of (total income - Rs. 1000000)

10%

Upto Rs. 180000


Rs. 180000 to Rs. 300000

NIL
10% of (total income - Rs. 180000)

NIL
NIL

Rs. 300000 to Rs. 500000


Rs. 500000 to Rs. 1000000

Rs. 12000 + 20% of (total income - Rs. 300000)


Rs. 52000 + 30% of (total income - Rs. 500000)

NIL
NIL

Above Rs. 1000000

Rs. 202000 + 30% of (total income - Rs. 1000000)

10%

Upto Rs. 225000

NIL

NIL

Rs. 225000 to Rs. 300000


Rs. 300000 to Rs. 500000

10% of (total income - Rs. 225000)


Rs. 7500 + 20% of (total income - Rs. 300000)

NIL
NIL

Rs. 500000 to Rs. 1000000


Above Rs. 1000000

Rs. 47500 + 30% of (total income - Rs. 500000)


Rs. 197500 + 30% of (total income - Rs. 1000000)

NIL
10%

Individual (FEMALE)

Individual (SENIOR CITIZEN)

13

286796912.xls for AY 2009-2010 (Salary)

EDU. CESS

HIGHER
EDU. CESS

NIL

NIL

2%

1%

2%
2%

1%
1%

2%

1%

NIL
2%

NIL
1%

2%
2%

1%
1%

2%

1%

NIL

NIL

2%
2%

1%
1%

2%
2%

1%
1%

14

286796912.xls for AY 2009-2010 (Non Salary)


AY 2009-2010
SECTION CODE

DESCRIPTION

TAX

SUCHARGE (if
Applicable)

EDU. CESS

HIGHER EDU.
CESS

193

Interest on securities

10%

10%

2%

1%

194

Dividends

10%

10%

2%

1%

194A

Interest other than


Interest on Securities

10%

10%

2%

1%

194B

Winning from Lottery


or Crossword Puzzle

30%

10%

2%

1%

Winning from Race


Horse

30%

10%

2%

1%

194BB

194C

Payment to Contractor
and Sub- Contractors

2%

10%

2%

1%

194D

Insurance Commision

10%

10%

2%

1%

194EE

Deposits under NSS

20%

10%

2%

1%

194F

Repurchase of Units
by Mutual Fund or UTI

20%

10%

2%

1%

194G

Commission on sale of
Lottery Tickets

10%

10%

2%

1%

194H

Commision or
Brokerage

10%

10%

2%

1%

194I

Rent

10%

10%

2%

1%

194J

Fees for Professional


or Technical Services

10%

10%

2%

1%

194K

Income in respect of
units

10%

10%

2%

1%

194LA

Compensation on
acquisition of
immovable property

10%

10%

2%

1%

Surcharge is applicable to every section in case where the amount subject to tax deduction ex
1000000 in case of an individual HUF, BOI, AOP & Rs. 1 crore in case of a firm/domestic compa

Note:

6CA

Alcholic Liquor For


Human Consumption

1%

10%

2%

1%

15

286796912.xls for AY 2009-2010 (Non Salary)


AY 2009-2010
SECTION CODE

DESCRIPTION

TAX

SUCHARGE (if
Applicable)

EDU. CESS

HIGHER EDU.
CESS

6CI

Tendu Leaves

5%

10%

2%

1%

6CB

Timber obtained
Under a Forest Leade

3%

10%

2%

1%

6CC

Timber obtained
(other than Forest)

3%

10%

2%

1%

6CD

Forest Produce (other


than Tendu Leaves)

3%

10%

2%

1%

6CE

Scrap

1%

10%

2%

1%

6CF

Parking Lot

2%

10%

2%

1%

6CG

Toll plaza

2%

10%

2%

1%

6CH

Mining And Quarrying

2%

10%

2%

1%

Note:

Surcharge is applicable to every section in case where the amount subject to tax deduction ex
1000000 in case of an individual HUF, BOI, AOP & Rs. 1 crore in case of a firm/domestic compa

16

286796912.xls for AY 2009-2010 (Non Salary)

09-2010
REMARK
In case of domestic
company, rate of Tax is
20%

Limit for Tax


Deduction

Rs. 2500

Rs. 2500 (No Tax


to be Deducted
if DDT Has been
Paid U/s 115-O)

In case of domestic
company, rate of Tax is
20%

Banking
Company / Cooperative
society / Post
Office- Rs.
10000
Others - Rs.
5000

Rs. 2500
In case of advertising
contract, rate of tax is
1%
In case of domestic
company, rate of Tax is
20%

Rs. 20000 in a
single payment
or Rs. 50000 in
aggregate
Rs. 5000
Rs. 2500

Rs. 1000
Rs. 2500

In case of rent of land,


building or furniture to
an Individual or HUF,
Rs. 120000
rate of tax is 15%, In
case of rent of land,
building or furniture to a
person other than an
Individual or HUF, rate
of tax is 20%
Rs. 20000
Rs.2500

Rs. 100000

e the amount subject to tax deduction exceeds Rs.


1 crore in case of a firm/domestic company
In case of non-domestic
company & amount
liable to tax exceeds Rs.
1 crore, rate of
surcharge is 2.5%

17

286796912.xls for AY 2009-2010 (Non Salary)

09-2010
REMARK

Limit for Tax


Deduction

In case of non-domestic
company & amount
liable to tax exceeds Rs.
1 crore, rate of
surcharge is 2.5%
In case of non-domestic
company & amount
liable to tax exceeds Rs.
1 crore, rate of
surcharge is 2.5%
In case of non-domestic
company & amount
liable to tax exceeds Rs.
1 crore, rate of
surcharge is 2.5%
In case of non-domestic
company & amount
liable to tax exceeds Rs.
1 crore, rate of
surcharge is 2.5%
In case of non-domestic
company & amount
liable to tax exceeds Rs.
1 crore, rate of
surcharge is 2.5%
In case of non-domestic
company & amount
liable to tax exceeds Rs.
1 crore, rate of
surcharge is 2.5%
In case of non-domestic
company & amount
liable to tax exceeds Rs.
1 crore, rate of
surcharge is 2.5%
In case of non-domestic
company & amount
liable to tax exceeds Rs.
1 crore, rate of
surcharge is 2.5%

e the amount subject to tax deduction exceeds Rs.


1 crore in case of a firm/domestic company

18

286796912.xls for AY 2010-2011 (Salary)


AY 2010 -2011
Individual (MALE)
INCOME SLAB

TAX

SURCHARGE

Upto Rs. 160000

NIL

NIL

Rs. 160000 to Rs. 300000


Rs. 300000 to Rs. 500000

10% of (total income - Rs. 160000)


Rs. 14000 + 20% of (total income - Rs. 300000)

NIL
NIL

Above 500000

Rs. 54000 + 30% of (total income - Rs. 500000)

NIL

Upto Rs. 190000


Rs. 190000 to Rs. 300000

NIL
10% of (total income - Rs. 190000)

NIL
NIL

Rs. 300000 to Rs. 500000


Above Rs. 500000

Rs. 11000 + 20% of (total income - Rs. 300000)


Rs. 51000 + 30% of (total income - Rs. 500000)

NIL
NIL

Upto Rs. 240000


Rs. 240000 to Rs. 300000

NIL
10% of (total income - Rs. 240000)

NIL
NIL

Rs. 300000 to Rs. 500000


Above Rs 500000

Rs. 6000 + 20% of (total income - Rs. 300000)


Rs. 46000 + 30% of (total income - Rs. 500000)

NIL
NIL

Individual (FEMALE)

Individual (SENIOR CITIZEN)

19

286796912.xls for AY 2010-2011 (Salary)

EDU. CESS

HIGHER
EDU. CESS

NIL

NIL

2%
2%

1%
1%

2%

1%

NIL
2%

NIL
1%

2%
2%

1%
1%

NIL
2%

NIL
1%

2%
2%

1%
1%

20

286796912.xls for AY 2010-2011 (Non Salary)


AY 2010-2011 (Payment Up to 18/08/2009)
SECTION
CODE

193

194

194A

DESCRIPTION

Interest on securities

Dividends

Interest other than


Interest on Securities

TAX

10%

10%

10%

SUCHARGE EDU. CESS

10%

10%

10%

2%

2%

2%

HIGHER
EDU. CESS

1%

REMARK

In case of
domestic
Rs. 2500
company, rate of
Tax is 20%
Rs. 2500
(No Tax to
be
Deducted
if DDT Has
been Paid
U/s 115-O)

1%

1%

AY 2010-2011 (Payment after 18/08/2009)


Limit for
Tax
Deductio
n

Banking
Company /
CoIn case of
operative
domestic
society /
company, rate of Post OfficeTax is 20%
Rs. 10000

TAX

SUCHARGE
(Only Non
Domestic
Company)

EDU. CESS

HIGHER
EDU. CESS

10%

0%

2%*

1%*

10%

0%

2%*

1%*

10%

0%

2%*

1%*

30%

2.5%*

2%*

1%*

Others Rs. 5000


194B
194BB

Winning from Lottery or


Crossword Puzzle

30%

10%

2%

1%

Winning from Race Horse

30%

10%

2%

1%

Rs. 2500

30%

2.5%*

2%*

1%*

Rs. 20000
in a single
payment
or Rs.
50000 in
aggregate

N.A.

N.A.

N.A.

N.A.

N.A.

2%

0%

2%*

1%*

10%

0%

2%*

1%*

20%

2.5%*

2%*

1%*

194C

Payment to Contractor
and Sub- Contractors

2%*

10%

2%

1%

194C

Payment to Contractor
and Sub- Contractors (on
or After 01/10/2009)

N.A.

N.A.

N.A.

N.A.

In case of
advertising
contract, rate of
tax is 1%
N.A.

194D

Insurance Commision

10%

10%

2%

1%

In case of
domestic
Rs. 5000
company, rate of
Tax is 20%

194EE

Deposits under NSS

20%

10%

2%

1%

Rs. 2500

21

286796912.xls for AY 2010-2011 (Non Salary)


AY 2010-2011 (Payment Up to 18/08/2009)
SECTION
CODE

194F
194G
194H

DESCRIPTION

Repurchase of Units by
Mutual Fund or UTI
Commission on sale of
Lottery Tickets
Commision or Brokerage

TAX

SUCHARGE EDU. CESS

HIGHER
EDU. CESS

TAX

SUCHARGE
(Only Non
Domestic
Company)

EDU. CESS

HIGHER
EDU. CESS

20%

2.5%*

2%*

1%*

20%

10%

2%

1%

10%

10%

2%

1%

Rs. 1000

10%

2.5%*

2%*

1%*

10%

10%

2%

1%

Rs. 2500

10%

0%

2%*

1%*

N.A.

N.A.

N.A.

N.A.

Rs. 120000

10%*

0%

2%*

1%*

Rs. 20000

10%

0%

2%*

1%*

Rs.2500

10%

0%

2%*

1%*

Rs. 100000

10%

0%

2%*

1%*

194I

Rent

10%

10%

2%

1%

194I

Rent (on or After


01/10/2009)

N.A.

N.A.

N.A.

N.A.

194J

Fees for Professional or


Technical Services

10%

10%

2%

1%

194K

Income in respect of
units

10%

10%

2%

1%

Compensation on
acquisition of immovable
property

10%

10%

2%

1%

194LA

REMARK

AY 2010-2011 (Payment after 18/08/2009)


Limit for
Tax
Deductio
n

In case of rent of
land, building or
furniture to an
Individual or
HUF, rate of tax
is 15%, In case
of rent of land,
Rs. 120000
building or
furniture to a
person other
than an
Individual or
HUF, rate of tax
is 20%

N.A.

No Tax to be
deducted if
Amount less
than 2500/-

22

286796912.xls for AY 2010-2011 (Non Salary)


AY 2010-2011 (Payment Up to 18/08/2009)
SECTION
CODE

6CA

6CI

6CB

6CC

DESCRIPTION

Alcholic Liquor For


Human Consumption

Tendu Leaves

Timber obtained Under a


Forest Leade

Timber obtained (other


than Forest)

TAX

1%

5%

2.5%

2.5%

SUCHARGE EDU. CESS

10%

10%

10%

10%

2%

2%

2%

2%

AY 2010-2011 (Payment after 18/08/2009)


Limit for
Tax
Deductio
n

TAX

SUCHARGE
(Only Non
Domestic
Company)

EDU. CESS

HIGHER
EDU. CESS

HIGHER
EDU. CESS

REMARK

1%

In case of nondomestic
company &
amount liable to
tax exceeds Rs.
1 crore, rate of
surcharge is
2.5%

1%

2.5%*

2%*

1%*

1%

In case of nondomestic
company &
amount liable to
tax exceeds Rs.
1 crore, rate of
surcharge is
2.5%

5%

2.5%*

2%*

1%*

1%

In case of nondomestic
company &
amount liable to
tax exceeds Rs.
1 crore, rate of
surcharge is
2.5%

2.5%

2.5%*

2%*

1%*

1%

In case of nondomestic
company &
amount liable to
tax exceeds Rs.
1 crore, rate of
surcharge is
2.5%

2.5%

2.5%*

2%*

1%*

23

286796912.xls for AY 2010-2011 (Non Salary)


AY 2010-2011 (Payment Up to 18/08/2009)
SECTION
CODE

6CD

DESCRIPTION

Forest Produce (other


than Tendu Leaves)

TAX

2.5%

SUCHARGE EDU. CESS

10%

2%

HIGHER
EDU. CESS

REMARK

1%

In case of nondomestic
company &
amount liable to
tax exceeds Rs.
1 crore, rate of
surcharge is
2.5%

AY 2010-2011 (Payment after 18/08/2009)


Limit for
Tax
Deductio
n

TAX

SUCHARGE
(Only Non
Domestic
Company)

EDU. CESS

HIGHER
EDU. CESS

2.5%

2.5%*

2%*

1%*

24

286796912.xls for AY 2010-2011 (Non Salary)


AY 2010-2011 (Payment Up to 18/08/2009)
SECTION
CODE

6CE

6CF

6CG

6CH

DESCRIPTION

Scrap

Parking Lot

Toll plaza

Mining And Quarrying

* Note: For Non Salary and TCS

TAX

1%

2%

2%

2%

SUCHARGE EDU. CESS

10%

10%

10%

10%

2%

2%

2%

2%

AY 2010-2011 (Payment after 18/08/2009)


Limit for
Tax
Deductio
n

TAX

SUCHARGE
(Only Non
Domestic
Company)

EDU. CESS

HIGHER
EDU. CESS

HIGHER
EDU. CESS

REMARK

1%

In case of nondomestic
company &
amount liable to
tax exceeds Rs.
1 crore, rate of
surcharge is
2.5%

1%

2.5%*

2%*

1%*

1%

In case of nondomestic
company &
amount liable to
tax exceeds Rs.
1 crore, rate of
surcharge is
2.5%

2%

2.5%*

2%*

1%*

1%

In case of nondomestic
company &
amount liable to
tax exceeds Rs.
1 crore, rate of
surcharge is
2.5%

2%

2.5%*

2%*

1%*

1%

In case of nondomestic
company &
amount liable to
tax exceeds Rs.
1 crore, rate of
surcharge is
2.5%

2%

2.5%*

2%*

1%*

Surcharge is applicable to every section in case where the amount subject to


tax deduction exceeds Rs. 1000000 in case of an individual HUF, BOI, AOP &
Rs. 1 crore in case of a firm/ company. In case of Foreign Company Rate of
Surcharge is 2.50%

* For the purpose of Tax Deduction/Collection Surcharge, Education Cess and


Secondary And Higher Cess is not required to deduct/Collect if Payment
made/Collected to Resident and for other than Salary. In case payment Made
Non Domestic Company than Surcharge (@2.5%) Required to be Deducted
* In case payment made to Non Resident , Education Cess And Secondary An
Higher Cess required to be Deducted/Collected.

25

286796912.xls for AY 2010-2011 (Non Salary)

ment after 18/08/2009)


REMARK

Limit for
Tax
Deduction

Rs. 2500

Rs. 2500
(No Tax to
be
Deducted if
DDT Has
been Paid
U/s 115-O)
Banking
Company /
Cooperative
society /
Post OfficeRs. 10000
Others Rs. 5000

Rs. 2500
Rs. 20000
in a single
payment or
Rs. 50000
in
aggregate
In case of
Individual and
Huf Rate of TDS
1%

N.A.

Rs. 5000
Rs. 2500

26

286796912.xls for AY 2010-2011 (Non Salary)

ment after 18/08/2009)


REMARK

Limit for
Tax
Deduction

Rs. 1000
Rs. 2500

Rs. 120000

In the Case of
Rent of Plant And
Rs. 120000
Machinery Rate of
TDS is 2%.
Rs. 20000
No Tax to be
deducted if
Rs.2500
Amount less than
2500/Rs. 100000

27

286796912.xls for AY 2010-2011 (Non Salary)

ment after 18/08/2009)


REMARK

Limit for
Tax
Deduction

28

286796912.xls for AY 2010-2011 (Non Salary)

ment after 18/08/2009)


REMARK

Limit for
Tax
Deduction

29

286796912.xls for AY 2010-2011 (Non Salary)

ment after 18/08/2009)


REMARK

Limit for
Tax
Deduction

ction Surcharge, Education Cess and


ed to deduct/Collect if Payment
r than Salary. In case payment Made to
(@2.5%) Required to be Deducted
t , Education Cess And Secondary And
llected.

30

AY 2011 -2012
Individual (MALE)
INCOME SLAB
Upto Rs. 160000
Rs. 160000 to Rs. 500000
Rs. 500000 to Rs. 800000
Above 800000

TAX
NIL
10% of (total income - Rs. 160000)
Rs. 34000 + 20% of (total income - Rs. 500000)
Rs. 94000 + 30% of (total income - Rs. 800000)

Individual (FEMALE)
Upto Rs. 190000
Rs. 190000 to Rs. 500000
Rs. 500000 to Rs. 800000
Above Rs. 800000

NIL
10% of (total income - Rs. 190000)
Rs. 31000 + 20% of (total income - Rs. 500000)
Rs. 91000 + 30% of (total income - Rs. 800000)

Individual (SENIOR CITIZEN)


Upto Rs. 240000
Rs. 240000 to Rs. 500000
Rs. 500000 to Rs. 800000
Above Rs 800000

NIL
10% of (total income - Rs. 240000)
Rs. 26000 + 20% of (total income - Rs. 500000)
Rs. 86000 + 30% of (total income - Rs. 800000)

SURCHARGE EDU. CESS

HIGHER
EDU. CESS

NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
1%
1%
1%

AY 2011-2012
SECTION
CODE

DESCRIPTION

TAX

SUCHARGE
(Only Non
Domestic
Company)

EDU. CESS

193

Interest on securities

10%

0%

0%

194

Dividends

10%

0%

0%

194A

Interest other than


Interest on Securities

10%

0%

0%

194B

Winning from Lottery or


Crossword Puzzle

30%

0%

0%

Winning from Race Horse

30%

0%

0%

0%

0%

0%
0%

0%
0%

20%

0%

0%

10%

0%

0%

10%

0%

0%

2% in Case of Rent of
P&M / In other Case it
is 10%

0%

0%

10%

0%

0%

10%

0%

0%

10%

0%

0%

1%

2.5%*

2%*

194BB
194C
194D
194EE
194F
194G

Payment to Contractor
and Sub- Contractors
Insurance Commision
Deposits under NSS
Repurchase of Units by
Mutual Fund or UTI
Commission on sale of
Lottery Tickets

194H

Commision or Brokerage

194I

Rent

194J
194K
194LA

6CA

Fees for Professional or


Technical Services
Income in respect of
units
Compensation on
acquisition of immovable
property

Alcholic Liquor For


Human Consumption

1% (in Case of
Individual and Huf) /In
other Case 2%
10%
20%

6CI

Tendu Leaves

5%

2.5%*

2%*

6CB

Timber obtained Under a


Forest Leade

2.5%

2.5%*

2%*

6CC

Timber obtained (other


than Forest)

2.5%

2.5%*

2%*

6CD

Forest Produce (other


than Tendu Leaves)

2.5%

2.5%*

2%*

6CE

Scrap

1%

2.5%*

2%*

6CF

Parking Lot

2%

2.5%*

2%*

6CG

Toll plaza

2%

2.5%*

2%*

6CH

Mining And Quarrying

* Note: For Non Salary and TCS

2%

2.5%*

2%*

* For the purpose of Tax Deduction/Collection Surcharge, Education Cess


And Higher Cess is not required to deduct/Collect if Payment made/Collec
and for other than Salary. In case payment Made to Non Domestic Compa
Surcharge (@2.5%) Required to be Deducted
* In case payment made to Non Resident , Education Cess And Secondary
Cess required to be Deducted/Collected.

AY 2011-2012
HIGHER Limit for Tax Deduction
EDU. CESS
Upto June 30,2010

New Limit for Tax


Deduction from July 1 ,
2010

0%

Rs. 2500

Rs. 2500

0%

Rs. 2500 (No Tax to be


Deducted if DDT Has
been Paid U/s 115-O)

Rs. 2500 (No Tax to be


Deducted if DDT Has been
Paid U/s 115-O)

0%

Banking Company / Cooperative society / Post


Office- Rs. 10000
Others - Rs. 5000

Banking Company / Cooperative society / Post


Office- Rs. 10000
Others - Rs. 5000

0%

Rs. 5000

Rs. 10000

0%

Rs. 2500

Rs. 5000

Rs. 20000 in a single


payment or Rs. 50000 in
aggregate
Rs. 5000
Rs. 2500

Rs. 30000 in a single


payment or Rs. 75000 in
aggregate
Rs. 20000
Rs. 2500

0%

Rs. 1000

Rs. 1000

0%

Rs. 2500

Rs. 5000

0%

Rs. 120000

Rs. 180000

0%

Rs. 20000

Rs. 30000

0%

Rs.2500

Rs.2500

0%

Rs. 100000

Rs. 100000

No Exemption Limit

No Exemption Limit

0%
0%
0%
0%

1%*

1%*

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

1%*

1%*

1%*

1%*

1%*

1%*

1%*

No Exemption Limit

ction Surcharge, Education Cess and Secondary


t/Collect if Payment made/Collected to Resident
nt Made to Non Domestic Company than
ucted
, Education Cess And Secondary And Higher

No Exemption Limit

AY 2012 -2013
Individual (MALE)
INCOME SLAB
Upto Rs. 180000
Rs. 180000 to Rs. 500000
Rs. 500000 to Rs. 800000
Above 800000

TAX
NIL
10% of (total income - Rs. 180000)
Rs. 32000 + 20% of (total income - Rs. 500000)
Rs. 92000 + 30% of (total income - Rs. 800000)

Individual (FEMALE)
Upto Rs. 190000
Rs. 190000 to Rs. 500000
Rs. 500000 to Rs. 800000
Above Rs. 800000

NIL
10% of (total income - Rs. 190000)
Rs. 31000 + 20% of (total income - Rs. 500000)
Rs. 91000 + 30% of (total income - Rs. 800000)

Individual (SENIOR CITIZEN)


Upto Rs. 250000
Rs. 250000 to Rs. 500000
Rs. 500000 to Rs. 800000
Above Rs 800000

NIL
10% of (total income - Rs. 250000)
Rs. 25000 + 20% of (total income - Rs. 500000)
Rs. 85000 + 30% of (total income - Rs. 800000)

Individual (VERY SENIOR CITIZEN)


Upto Rs. 500000
Rs. 500000 to Rs. 800000
Above Rs 800000

NIL
20% of (total income - Rs. 500000)
Rs. 60000 + 30% of (total income - Rs. 800000)

SURCHARGE EDU. CESS

HIGHER
EDU. CESS

NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
NIL

NIL
2%
2%

NIL
1%
1%

AY 2012-2013
SECTION
CODE

DESCRIPTION

TAX

SUCHARGE
(Only Non
Domestic
Company)

EDU. CESS

193

Interest on securities

10%

0%

0%

194

Dividends

10%

0%

0%

194A

Interest other than


Interest on Securities

10%

0%

0%

194B

Winning from Lottery or


Crossword Puzzle

30%

0%

0%

Winning from Race Horse

30%

0%

0%

0%

0%

0%
0%

0%
0%

20%

0%

0%

10%

0%

0%

10%

0%

0%

2% in Case of Rent of
P&M / In other Case it
is 10%

0%

0%

10%

0%

0%

10%

0%

0%

10%

0%

0%

5%

0%

0%

194BB
194C
194D
194EE
194F
194G

Payment to Contractor
and Sub- Contractors
Insurance Commision
Deposits under NSS
Repurchase of Units by
Mutual Fund or UTI
Commission on sale of
Lottery Tickets

194H

Commision or Brokerage

194I

Rent

194J
194K
194LA

194LB

Fees for Professional or


Technical Services
Income in respect of
units
Compensation on
acquisition of immovable
property
Income by way of
interest from
infrastructure debt fund
payable

1% (in Case of
Individual and Huf) /In
other Case 2%
10%
20%

6CA

Alcholic Liquor For


Human Consumption

1%

2.5%*

2%*

6CI

Tendu Leaves

5%

2.5%*

2%*

6CB

Timber obtained Under a


Forest Leade

2.5%

2.5%*

2%*

6CC

Timber obtained (other


than Forest)

2.5%

2.5%*

2%*

6CD

Forest Produce (other


than Tendu Leaves)

2.5%

2.5%*

2%*

6CE

Scrap

1%

2.5%*

2%*

6CF

Parking Lot

2%

2.5%*

2%*

6CG

Toll plaza

2%

2.5%*

2%*

6CH

Mining And Quarrying

2%

2.5%*

2%*

* Note: For Non Salary and TCS

* For the purpose of Tax Deduction/Collection Surcharge,


Education Cess and Secondary And Higher Cess is not required
to deduct/Collect if Payment made/Collected to Resident and
for other than Salary. In case payment Made to Non Domestic
Company than Surcharge (@2% If payment exceed from 1.00
Crore) Required to be Deducted
* In case payment made to Non Resident , Education Cess And
Secondary And Higher Cess required to be Deducted/Collected.

2012-2013
HIGHER
Limit for Tax Deduction
EDU. CESS
0%

Rs. 2500

0%

Rs. 2500 (No Tax to be


Deducted if DDT Has been
Paid U/s 115-O)

0%

Banking Company / Cooperative society / Post


Office- Rs. 10000
Others - Rs. 5000

0%

Rs. 10000

0%

Rs. 5000

0%
0%
0%

Rs. 30000 in a single


payment or Rs. 75000 in
aggregate
Rs. 20000
Rs. 2500

0%
0%

Rs. 1000

0%

Rs. 5000

0%

Rs. 180000

0%

Rs. 30000

0%

Rs.2500

0%

Rs. 100000

0%

No Exemption Limit
(w.e.f 1st June 2011)

1%*

No Exemption Limit

1%*

No Exemption Limit

1%*

No Exemption Limit

1%*

No Exemption Limit
1%*

No Exemption Limit

1%*

No Exemption Limit

1%*

No Exemption Limit

1%*

No Exemption Limit

1%*

ction Surcharge,
er Cess is not required
ted to Resident and
ade to Non Domestic
ent exceed from 1.00

, Education Cess And


e Deducted/Collected.

No Exemption Limit

AY 2013 -2014
INDIVIDUAL other then Senior citizen or very senior citizen
INCOME SLAB
Upto Rs. 200000
Rs. 200000 to Rs. 500000
Rs. 500000 to Rs. 1000000
Above 1000000

TAX

SURCHARGE EDU. CESS

HIGHER
EDU. CESS

NIL
10% of (total income - Rs. 200000)
Rs. 30000 + 20% of (total income - Rs. 500000)
Rs. 130000 + 30% of (total income - Rs. 1000000)

NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
10% of (total income - Rs. 250000)
Rs. 25000 + 20% of (total income - Rs. 500000)
Rs. 125000 + 30% of (total income - Rs. 1000000)

NIL
NIL
NIL
NIL

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
NIL

NIL
2%
2%

NIL
1%
1%

INDIVIDUAL (SENIOR CITIZEN)


Upto Rs. 250000
Rs. 250000 to Rs. 500000
Rs. 500000 to Rs. 1000000
Above Rs 1000000

INDIVIDUAL (VERY SENIOR CITIZEN)


Upto Rs. 500000
Rs. 500000 to Rs. 1000000
Above Rs 1000000

NIL
20% of (total income - Rs. 500000)
Rs. 100000 + 30% of (total income - Rs. 1000000)

AY 2013-2014
SECTION
CODE

DESCRIPTION

TAX

SUCHARGE
(Only Non
Domestic
Company)

EDU. CESS

HIGHER
EDU. CESS

193

Interest on securities

10%

0%

0%

0%

194

Dividends

10%

0%

0%

0%

194A

Interest other than


Interest on Securities

10%

0%

0%

0%

194B

Winning from Lottery or


Crossword Puzzle

30%

0%

0%

0%

Winning from Race Horse

30%

0%

0%

0%

1% (in Case of
Individual and Huf)
/In other Case 2%

0%

0%

0%

Insurance Commision
Deposits under NSS
Repurchase of Units by
Mutual Fund or UTI
Commission on sale of
Lottery Tickets

10%
20%

0%
0%

0%
0%

0%
0%

20%

0%

0%

0%

10%

0%

0%

0%

194H

Commision or Brokerage

10%

0%

0%

0%

194I

Rent

2% in Case of Rent of
P&M / In other Case it
is 10%

0%

0%

0%

10%

0%

0%

0%

10%

0%

0%

0%

10%

0%

0%

0%

5%

0%

0%

0%

5%

0%

0%

0%

194BB

194C
194D
194EE
194F
194G

194J
194K
194LA

194LB
194LC

Payment to Contractor
and Sub- Contractors

Fees for Professional or


Technical Services
Income in respect of
units
Compensation on
acquisition of immovable
property
Interest from
infrastructure debt fund
Interest from Indian
Company

6CA

Alcholic Liquor For


Human Consumption

1%

2.5%*

2%*

1%*

6CI

Tendu Leaves

5%

2.5%*

2%*

1%*

6CB

Timber obtained Under a


Forest Leade

2.5%

2.5%*

2%*

1%*

6CC

Timber obtained (other


than Forest)

2.5%

2.5%*

2%*

1%*

6CD

Forest Produce (other


than Tendu Leaves)

2.5%

2.5%*

2%*

1%*

6CE

Scrap

1%

2.5%*

2%*

1%*

6CF

Parking Lot

2%

2.5%*

2%*

1%*

6CG

Toll plaza

2%

2.5%*

2%*

1%*

6CH

Mining And Quarrying

2%

2.5%*

2%*

1%*

6CJ

Minerals, being coal or


lignite or iron ore

1%

2.5%*

2%*

1%*

1%

2.5%*

2%*

1%*

6CK

Bullion or jewellery

* Note: For Non Salary and TCS

* For the purpose of Tax Deduction/Collection Surcharge,


Education Cess and Secondary And Higher Cess is not required
to deduct/Collect if Payment made/Collected to Resident and
for other than Salary. In case payment Made to Non Domestic
Company than Surcharge (@2% If payment exceed from 1.00
Crore) Required to be Deducted
* In case payment made to Non Resident , Education Cess And
Secondary And Higher Cess required to be
Deducted/Collected.

Limit for Tax Deduction


Rs. 2500 (Rs. 5000/- From
1st July , 2012)

Rs. 2500 (No Tax to be


Deducted if DDT Has been
Paid U/s 115-O)

Banking Company / Cooperative society / Post


Office- Rs. 10000
Others - Rs. 5000
Rs. 10000
Rs. 5000
Rs. 30000 in a single
payment or Rs. 75000 in
aggregate
Rs. 20000
Rs. 2500

Rs. 1000
Rs. 5000
Rs. 180000
Rs. 30000
Rs.2500
Rs. 100000 (Increased to
Rs. 200000/- W.e.f
01/07/2012)
No Exemption Limit
(w.e.f 1st June 2011)
No Exemption Limit
(w.e.f 1st July 2012)

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit
No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit

No Exemption Limit (w.e.f


1st July 2012)

Rs. 200000/- in case of


Bullion
Rs. 100000/- in case of
Jewellery
(w.e.f 1st July 2012)

AY 2014 -2015
INDIVIDUAL other then Senior citizen or very senior citizen
INCOME SLAB
Upto Rs. 200000
Rs. 200000 to Rs. 500000
Rs. 500000 to Rs. 1000000
Above 1000000

TAX
NIL
10% of (total income - Rs. 200000)
Rs. 30000 + 20% of (total income - Rs. 500000)
Rs. 130000 + 30% of (total income - Rs. 1000000)

INDIVIDUAL (SENIOR CITIZEN)


Upto Rs. 250000
Rs. 250000 to Rs. 500000
Rs. 500000 to Rs. 1000000
Above Rs 1000000

NIL
10% of (total income - Rs. 250000)
Rs. 25000 + 20% of (total income - Rs. 500000)
Rs. 125000 + 30% of (total income - Rs. 1000000)

INDIVIDUAL (VERY SENIOR CITIZEN)


Upto Rs. 500000
Rs. 500000 to Rs. 1000000
Above Rs 1000000

NIL
20% of (total income - Rs. 500000)
Rs. 100000 + 30% of (total income - Rs. 1000000)

Rebate U/S 87A, Where Total Income does not Exceed Rs. 500000/- Lower of the Following
1

Tax Payable
2000/-

SURCHARGE
( Total Income
Exceed Rs. 1
Crore)

EDU. CESS

HIGHER
EDU. CESS

NIL
NIL
NIL
10%

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
NIL
10%

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
10%

NIL
2%
2%

NIL
1%
1%

AY 2014-2015
SECTION
CODE

DESCRIPTION

TAX

SUCHARGE
(Only Non
Domestic
Company)

EDU. CESS

193

Interest on securities

10%

0%

0%

194

Dividends

10%

0%

0%

194A

Interest other than


Interest on Securities

10%

0%

0%

194B

Winning from Lottery or


Crossword Puzzle

30%

0%

0%

Winning from Race Horse

30%

0%

0%

1% (in Case of
Individual and Huf)
/In other Case 2%

0%

0%

Insurance Commision
Deposits under NSS
Repurchase of Units by
Mutual Fund or UTI
Commission on sale of
Lottery Tickets

10%
20%

0%
0%

0%
0%

20%

0%

0%

10%

0%

0%

194H

Commision or Brokerage

10%

0%

0%

194I

Rent

a) 2% in Case of Rent
of P&M
b) In
other Case it is 10%

0%

0%

1%

0%

0%

10%

0%

0%

10%

0%

0%

1%

2%*

2%*

5%

2%*

2%*

2.5%

2%*

2%*

2.5%

2%*

2%*

194BB

194C
194D
194EE
194F
194G

194IA

194J
194LA
6CA
6CI
6CB
6CC

Payment to Contractor
and Sub- Contractors

Payment to a Resident
Transferor for transfer of
any immovable property
(Applicable from june
1,2013
Fees for Professional or
Technical Services
Compensation on
acquisition of immovable
property
Alcholic Liquor For
Human Consumption
Tendu Leaves
Timber obtained Under a
Forest Leade
Timber obtained (other
than Forest)

6CD
6CE
6CF
6CG
6CH

Forest Produce (other


than Tendu Leaves)
Scrap
Parking Lot
Toll plaza
Mining And Quarrying

2.5%

2%*

2%*

1%
2%
2%
2%

2%*
2%*
2%*
2%*

2%*
2%*
2%*
2%*

6CJ

Minerals, being coal or


lignite or iron ore

1%

2%*

2%*

6CK

Bullion or jewellery

1%

2%*

2%*

* Note: For Non Salary and TCS

* For the purpose of Tax Deduction/Collection Surcharge,


Education Cess and Secondary And Higher Cess is not
required to deduct/Collect if Payment made/Collected to
Resident and for other than Salary. In case payment Made to
Non Domestic Company than Surcharge (@2% If payment
exceed from 1.00 Crore but not Exceed 10 Crore, In case
Payment Exceed From 10 Crore than rate of Surcharge will be
@5%) Required to be Deducted
* In case payment made to Non Resident, Surcharge (@10%
when Payment exceed Rs. 1 Crore) , Education Cess And
Secondary And Higher Cess required to be
Deducted/Collected.

Y 2014-2015
HIGHER
Limit for Tax Deduction
EDU. CESS
0%
0%

Rs. 2500 (Rs. 5000/- From


1st July , 2012)
Rs. 2500 (No Tax to be
Deducted if DDT Has been
Paid U/s 115-O)

0%

Banking Company / Cooperative society / Post


Office- Rs. 10000
Others - Rs. 5000

0%

Rs. 10000

0%

Rs. 5000

0%

Rs. 30000 in a single


payment or Rs. 75000 in
aggregate

0%
0%

Rs. 20000
Rs. 2500

0%
0%

Rs. 1000

0%

Rs. 5000

0%

Rs. 180000

0%

Rs. 5000000

0%

Rs. 30000

0%
1%*

Rs. 100000 (Increased to


Rs. 200000/- W.e.f
01/07/2012)

1%*

No Exemption Limit
No Exemption Limit

1%*

No Exemption Limit

1%*

No Exemption Limit

1%*
1%*
1%*
1%*
1%*
1%*

1%*

ction Surcharge,
er Cess is not
ade/Collected to
se payment Made to
(@2% If payment
10 Crore, In case
e of Surcharge will be

t, Surcharge (@10%
ucation Cess And
be

No
No
No
No
No

Exemption
Exemption
Exemption
Exemption
Exemption

Limit
Limit
Limit
Limit
Limit

No Exemption Limit
(Effective on or after 1st
July, 2012)
Exemption limit 100000/(effective on or after 1st
July, 2012)

AY 2015-2016
INDIVIDUAL other then Senior citizen or very senior citizen
INCOME SLAB
Upto Rs. 250000
Rs. 250000 to Rs. 500000
Rs. 500000 to Rs. 1000000
Above 1000000

TAX
NIL
10% of (total income - Rs. 250000)
Rs. 25000 + 20% of (total income - Rs. 500000)
Rs. 125000 + 30% of (total income - Rs. 1000000)

INDIVIDUAL (SENIOR CITIZEN)


Upto Rs. 300000
Rs. 300000 to Rs. 500000
Rs. 500000 to Rs. 1000000
Above Rs 1000000

NIL
10% of (total income - Rs. 300000)
Rs. 20000 + 20% of (total income - Rs. 500000)
Rs. 120000 + 30% of (total income - Rs. 1000000)

INDIVIDUAL (VERY SENIOR CITIZEN)


Upto Rs. 500000
Rs. 500000 to Rs. 1000000
Above Rs 1000000

NIL
20% of (total income - Rs. 500000)
Rs. 100000 + 30% of (total income - Rs. 1000000)

Rebate U/S 87A, Where Total Income does not Exceed Rs. 500000/- Lower of the Following
1

Tax Payable
2000/-

SURCHARGE
( Total Income
Exceed Rs. 1
Crore)

EDU. CESS

HIGHER
EDU. CESS

NIL
NIL
NIL
10%

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
NIL
10%

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
10%

NIL
2%
2%

NIL
1%
1%

AY 2015-2016
SECTION
CODE

DESCRIPTION

TAX

SUCHARGE
(Only Non
Domestic
Company)

EDU. CESS

193

Interest on securities

10%

0%

0%

194

Dividends

10%

0%

0%

194A

Interest other than


Interest on Securities

10%

0%

0%

194B

Winning from Lottery or


Crossword Puzzle

30%

0%

0%

Winning from Race Horse

30%

0%

0%

194BB

194C

Payment to Contractor
and Sub- Contractors

1% (in Case of
Individual and Huf)
/In other Case 2%

0%

0%

194D

Insurance Commision

10%

0%

0%

2%

0%

0%

Deposits under NSS


Repurchase of Units by
Mutual Fund or UTI
Commission on sale of
Lottery Tickets

20%

0%

0%

20%

0%

0%

10%

0%

0%

194H

Commision or Brokerage

10%

0%

0%

194I

Rent

a) 2% in Case of Rent
of P&M
b) In
other Case it is 10%

0%

0%

1%

0%

0%

10%

0%

0%

10%

0%

0%

10%

0%

0%

1%

2%*

2%*

194DA
194EE
194F
194G

194IA

194J
194LA

Sum paid under a life


insurance policy including
Bonus

Payment to a Resident
Transferor for transfer of
any immovable property
(Applicable from june
1,2013
Fees for Professional or
Technical Services
Compensation on
acquisition of immovable
property

194LBA (1) Distributed Income referred


to in section 115UA

6CA

Alcholic Liquor For


Human Consumption

6CI
6CB
6CC
6CD
6CE
6CF
6CG
6CH

Tendu Leaves
Timber obtained Under a
Forest Leade
Timber obtained (other
than Forest)
Forest Produce (other
than Tendu Leaves)
Scrap
Parking Lot
Toll plaza
Mining And Quarrying

6CJ

Minerals, being coal or


lignite or iron ore

6CK

Bullion or jewellery

* Note: For Non Salary and TCS

5%

2%*

2%*

2.5%

2%*

2%*

2.5%

2%*

2%*

2.5%

2%*

2%*

1%
2%
2%
2%

2%*
2%*
2%*
2%*

2%*
2%*
2%*
2%*

1%
2%*
2%*
* For the purpose of Tax Deduction/Collection Surcharge,
Education Cess and Secondary And Higher Cess is not
required to
Payment made/Collected
to
1%deduct/Collect if2%*
2%*
Resident and for other than Salary. In case payment Made to
Non Domestic Company than Surcharge (@2% If payment
exceed from 1.00 Crore but not Exceed 10 Crore, In case
Payment Exceed From 10 Crore than rate of Surcharge will be
@5%) Required to be Deducted
* In case payment made to Non Resident, Surcharge (@10%
when Payment exceed Rs. 1 Crore) , Education Cess And
Secondary And Higher Cess required to be
Deducted/Collected.

Y 2015-2016
HIGHER
Limit for Tax Deduction
EDU. CESS
0%
0%

Rs. 2500 (Rs. 5000/- From


1st July , 2012)
Rs. 2500 (No Tax to be
Deducted if DDT Has been
Paid U/s 115-O)

0%

Banking Company / Cooperative society / Post


Office- Rs. 10000
Others - Rs. 5000

0%

Rs. 10000

0%

Rs. 5000

0%

Rs. 30000 in a single


payment or Rs. 75000 in
aggregate

0%

Rs. 20000

0%

Rs. 100000

0%

Rs. 2500

0%
0%

Rs. 1000

0%

Rs. 5000

0%

Rs. 180000

0%

Rs. 5000000

0%

Rs. 30000

0%

Rs. 100000 (Increased to


Rs. 200000/- W.e.f
01/07/2012)

0%

No Exemption Limit

1%*

No Exemption Limit

1%*

No Exemption Limit

1%*

No Exemption Limit

1%*

No Exemption Limit

1%*

No
No
No
No
No

1%*
1%*
1%*
1%*

1%*
ction Surcharge,
er Cess is not
ade/Collected to
1%*
se payment Made to
(@2% If payment
10 Crore, In case
e of Surcharge will be

t, Surcharge (@10%
ucation Cess And
be

Exemption
Exemption
Exemption
Exemption
Exemption

Limit
Limit
Limit
Limit
Limit

No Exemption Limit
(Effective on or after 1st
July, 2012)
Exemption limit 100000/(effective on or after 1st
July, 2012)

AY 2016-2017
INDIVIDUAL other then Senior citizen or very senior citizen
INCOME SLAB
Upto Rs. 250000
Rs. 250000 to Rs. 500000
Rs. 500000 to Rs. 1000000
Above 1000000

TAX
NIL
10% of (total income - Rs. 250000)
Rs. 25000 + 20% of (total income - Rs. 500000)
Rs. 125000 + 30% of (total income - Rs. 1000000)

INDIVIDUAL (SENIOR CITIZEN)


Upto Rs. 300000
Rs. 300000 to Rs. 500000
Rs. 500000 to Rs. 1000000
Above Rs 1000000

NIL
10% of (total income - Rs. 300000)
Rs. 20000 + 20% of (total income - Rs. 500000)
Rs. 120000 + 30% of (total income - Rs. 1000000)

INDIVIDUAL (VERY SENIOR CITIZEN)


Upto Rs. 500000
Rs. 500000 to Rs. 1000000
Above Rs 1000000

NIL
20% of (total income - Rs. 500000)
Rs. 100000 + 30% of (total income - Rs. 1000000)

Rebate U/S 87A, Where Total Income does not Exceed Rs. 500000/- Lower of the Following
1

Tax Payable
2000/-

Rate of Surcharge is 12% where Total Income is more than 10000000/-

SURCHARGE
( Total Income
Exceed Rs. 1
Crore)

EDU. CESS

HIGHER
EDU. CESS

NIL
NIL
NIL
12%

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
NIL
12%

NIL
2%
2%
2%

NIL
1%
1%
1%

NIL
NIL
12%

NIL
2%
2%

NIL
1%
1%

AY 2016-2017
TAX

SUCHARGE
(Only Non
Domestic
Company)

EDU. CESS

Accumulated PF balance
due to employees
(Applicable from
01/06/2015)

10%

0%

0%

193

Interest on securities

10%

0%

0%

194

Dividends

10%

0%

0%

194A

Interest other than


Interest on Securities

10%

0%

0%

194B

Winning from Lottery or


Crossword Puzzle

30%

0%

0%

Winning from Race Horse

30%

0%

0%

1% (in Case of
Individual and Huf)
/In other Case 2%

0%

0%

0%
0
0%

0%
0
0%

0%

0%

0%

0%

10%

0%

0%

a) 2% in Case of Rent
of P&M
b) In
other Case it is 10%

0%

0%

1%

0%

0%

10%

0%

0%

10%

0%

0%

SECTION
CODE

DESCRIPTION

192A

194BB

194C

Payment to Contractor
and Sub- Contractors

194D
Insurance Commision
10%
Sum 194DA
paid under a life insurance policy including Bonus
0.02
194EE
Deposits under NSS
20%
Repurchase of Units by
194F
20%
Mutual Fund or UTI
Commission on sale of
194G
10%
Lottery Tickets
194H

Commision or Brokerage

194I

Rent

194IA

194J
194LA

Payment to a Resident
Transferor for transfer of
any immovable property
(Applicable from june
1,2013
Fees for Professional or
Technical Services
Compensation on
acquisition of immovable
property

194LBA (1) Distributed Income referred

10%

0%

0%

10%

0%

0%

6CA
Alcholic Liquor For Human Consumption 0.01
6CI
Tendu Leaves
5%
Timber obtained Under a
6CB
2.5%
Forest Leade
Timber obtained (other
6CC
2.5%
than Forest)
Forest Produce (other
6CD
2.5%
than Tendu Leaves)
6CE
Scrap
1%
6CF
Parking Lot
2%
6CG
Toll plaza
2%
6CH
Mining And Quarrying
2%

2%*
2%*

2%*
2%*

2%*

2%*

2%*

2%*

2%*

2%*

2%*
2%*
2%*
2%*

2%*
2%*
2%*
2%*

2%*

2%*

to in section 115UA

194LBB

6CJ

6CK

Income in respect of
Units of an investment
fund U/S 115UB

Minerals, being coal or


lignite or iron ore
Bullion or jewellery

* Note: For Non Salary and TCS

1%

* For the purpose of Tax Deduction/Collection Surcharge,


Education Cess and Secondary And Higher Cess is not
1%deduct/Collect if2%*
2%*
required to
Payment made/Collected
to
Resident and for other than Salary. In case payment Made to
Non Domestic Company than Surcharge (@2% If payment
exceed from 1.00 Crore but not Exceed 10 Crore, In case
Payment Exceed From 10 Crore than rate of Surcharge will be
@5%) Required to be Deducted
* In case payment made to Non Resident, Surcharge (@10%
when Payment exceed Rs. 1 Crore) , Education Cess And
Secondary And Higher Cess required to be
Deducted/Collected.

Y 2016-2017
HIGHER
Limit for Tax Deduction
EDU. CESS

0%

0%
0%

30000/-

Rs. 2500 (Rs. 5000/- From


1st July , 2012)
Rs. 2500 (No Tax to be
Deducted if DDT Has been
Paid U/s 115-O)

0%

Banking Company / Cooperative society / Post


Office- Rs. 10000
Others - Rs. 5000

0%

Rs. 10000

0%

Rs. 5000

0%

Rs. 30000 in a single


payment or Rs. 75000 in
aggregate

0%
0
0%

Rs. 20000
Rs. 100000
Rs. 2500

0%
0%

Rs. 1000

0%

Rs. 5000

0%

Rs. 180000

0%

Rs. 5000000

0%

Rs. 30000

0%

Rs. 100000 (Increased to


Rs. 200000/- W.e.f
01/07/2012)

0%

No Exemption Limit

0%

No Exemption Limit

1%*
1%*

No Exemption Limit
No Exemption Limit

1%*

No Exemption Limit

1%*

No Exemption Limit

1%*

No
No
No
No
No

1%*
1%*
1%*
1%*
1%*

ction Surcharge,
er Cess is not
1%*
ade/Collected to
se payment Made to
(@2% If payment
10 Crore, In case
e of Surcharge will be

t, Surcharge (@10%
ucation Cess And
be

Exemption
Exemption
Exemption
Exemption
Exemption

Limit
Limit
Limit
Limit
Limit

No Exemption Limit
(Effective on or after 1st
July, 2012)
Exemption limit 100000/(effective on or after 1st
July, 2012)

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