Jeevan Labh LIC Plan Table No. 836

Jeevan Labh LIC Plan 2016 Table No. 836 benefit, Premium Calculation, New Chart, Policy Review, Loyalti Additions information for LIC Agents and Customers.

How to File Income Tax Return online for A.Y. 2016-17

In any country it is very much essential to pay income tax because this money will be utilized to run the government so every year all the employed individuals and also the respective companies have to fine the income tax return in case of fail a very severe action will be taken on them by the income tax department. The amount of money that you have to pay to government as a form of tax completely on the total figure of amount and nature of income earned via certain purposes like whether it is from educational institutions or hospitals or IT industry or any other depends on it and the amount of money earned by them and they should contact Income tax department to get full details on how much they might have to pay for that annual year.

File income tax return online for the AY 2016-17

File income tax return online for the AY 2016-17

If you looking for the income tax filing forms then you can download the form at www.incometaxindia.gov.in which is the official website of the income tax department of India where you can each and every information like where to file and how to file etc.., on this website.

Also see : Check LIC Policy status

Income Tax slab and rate details for FY 2015-2016 or AY 2015-2016

  1. Individual Tax Payers like job holders and online solo entrepreneurs
Tax Slab Rate Impact
Up to Rs 2,50,000 NIL NIL
Rs 2,50,001 to Rs 5,00,000 10% Rs 3,000 (Savings)
Rs 5,00,001 to Rs 10,00,000 20% NIL
Rs 10,00,001 to Rs 1 crore 30% NIL
Above Rs 1 crore 30% 3% higher surcharge

Also see : LIC online payment procedure for registered users

  1. For senior citizens or elderly between 60 and 80 years of Age
Tax Slab Rate Impact
Up to Rs 3,00,000 NIL NIL
Rs 3,00,001 to Rs 5,00,000 10% Rs 3,000 (Savings)
Rs 5,00,001 to Rs 10,00,000 20% NIL
Rs 10,00,001 to Rs 1 crore 30% NIL
Above Rs 1 crore 30% 3% higher surcharge

Senior citizens above 80 years of Age

Tax Slab Rate Impact
Up to Rs 5,00,000 NIL Rs 3,000 (Savings)
Rs 5,00,001 to Rs 10,00,000 20% NIL
Rs 10,00,001 to Rs 1 crore 30% NIL
Above Rs 1 crore 30% 3% higher surcharge

Note: They may have to pay an additional 10% tax in case the income generated from a domestic company if it exceeds more than the limit of 10 lakh rupees.

When is the Due date or last date to file Income Tax Returns for AY 2015-2016?

The due date for this FY or AY 2015-2016 is on 31st July which is counted means the year will be counted from this month to next year same month in terms of income tax filing.

Updated: July 6, 2016 — 6:17 am

Leave a Reply

Your email address will not be published. Required fields are marked *

Jeevan Labh LIC Plan Table No. 836 © 2016 Frontier Theme