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Tax rebate for senior citizen 2014 15


tax rebate for senior citizen 2014 15

For all Senior Citizens above 60 years of Age.
There is additional Rs 15,000 exemption for medical insurance premium of parents (father/ mother or both).
This Cess is applicable for all categories of taxpayers mentioned above.Highest Tax Saving Bank Fixed Deposit Rates 80C brilliant gift shop discount codes 2013 December 2017 Direct link for Interest Rates on FDs of Banks: Below is the direct link for Interest Rates of Major Banks.Most banks offer interest rate which is similar to their 5 years term deposits.This exemption is Rs 20,000 in case parents are senior citizens.So you would be eligible for.The interest income is considered as income from other sources for Tax filing and taxed at marginal tax rates applicable.An Example: If you have a gross income of.5 Lakh and invest 1 Lakh in 80C exemption.3,00,000 but does not exceed.Surcharge is also levied in case of Domestic Companies as per the below mentioned schedule. .For all Super Senior Citizen above 80 years of Age.80GGA, deduction in respect of certain donations for scientific research or rural development 80GGC.The Rs 5 lakh income is net of your gross income and your tax saving investment under Section.Slabs FOR business The following Income Tax Slab Rates shall be applicable for the Assessment Year 2016-17 Assessment Year 17-18.e Previous Year 2015-16 Previous Year 16-17.10,00,000 Recommended Read:.10,00,000 The following Income Tax Slab Rates are applicable for Senior Citizens for the Financial Year 2017-18.e.Icici Bank, SBI, hdfc Bank, etc offers online facility for Tax Saving.In the Budget 2017.


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