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Tag Archives: tax_rebate_on_House_rent_allowance

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Income Tax slabs,rates and key tax exemption details for A/Y 2015-16

Bank StaffBy Surendra NaikFebruary 5, 2015

Income Tax Slabs, rates, key tax exemption details for Assessment Year 2015-16 (Financial year 2014-15)   For Senior CitizenResident Individuals earning Income less than Rs. 5 Lakh in a Year are eligible for income Tax Credit u/s 87A – i.e.10% of taxable income up to a maximum of Rs. 2000/-.] Education Cess : 3% of the…

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