It is very difficult to remember every year Income Tax Slab, TDS Rates or TCS Rates. To deduct Tax regarding previous years when we calculate arrears etc. It is very important and common demand to know about Income tax slabs, TDS and TCS Rate of last too many years.
Every year in the month of February Indian Government has placed Government Budget of Next Financial Year, the most common expectation an Indian citizen has is of ‘change for better’ in the Income tax slab. Income tax has been one of the oldest forms of tax, and it has been present from generations, and is never likely to disappear. So to plan your investment strategy and understand how much tax liability you will incur this year let’s have a look at the tax structure for different categories. These categories are created by the Government of India for taxation purposes, and they are based on Gender and Age.
Normally Tax Slab/Rate are need when we file Income Tax Return, Deduct TDS or TCS. But if we look broad, it is the thing which we need to remember all the year and often some people also need the income tax slabs for the previous years also. So there are income tax slabs, TDS and TCS rates of the last 8 financial years which may be very useful.
Every year in the month of February Indian Government has placed Government Budget of Next Financial Year, the most common expectation an Indian citizen has is of ‘change for better’ in the Income tax slab. Income tax has been one of the oldest forms of tax, and it has been present from generations, and is never likely to disappear. So to plan your investment strategy and understand how much tax liability you will incur this year let’s have a look at the tax structure for different categories. These categories are created by the Government of India for taxation purposes, and they are based on Gender and Age.
Normally Tax Slab/Rate are need when we file Income Tax Return, Deduct TDS or TCS. But if we look broad, it is the thing which we need to remember all the year and often some people also need the income tax slabs for the previous years also. So there are income tax slabs, TDS and TCS rates of the last 8 financial years which may be very useful.
Income Tax Slab
Click on the Financial Years (F. Y.) listed below:
TDS Rates
Click on the Financial Years (F.Y.) listed below:
TCS Rates for Fin.Year 2012-13 to 2016-17
You can also read for last 12 year Income Tax Slab Click Here.
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