REVISED ST3 FORM(SERVICE TAX RETURN) AVAILABLE NOW

Revised service tax return (ST3) is now available to download from ACES website. You can download it from the following URL : http://www.aces.gov.in/download.jsp .

Last date for filing the ST3 return is extended to 25th November 2012

Announcement in ACES website is as follows:

"In view of the implementation of the Negative List concept in Service Tax with effect from 1st July, 2012, the return filing cycle of six months (April-September, 2012) has been spilt. This new ST 3 Return will be only for the period April-June, 2012, when Negative List was not introduced. This return is available in offline utility only with view and print facility in online mode. The last date of filing the ST 3 return for the quarter Apr-Jun,2012 has been extended by CBEC up to 25th November, 2012 vide Order No 3/2012 dated 15th October, 2012."

INCOME TAX SLAB RATE FOR A.Y.2014-15 (F.Y.2013-14)

THE NEW AND REVISED INCOME TAX RATES APPLICABLE FOR FINANCIAL YEAR(FY) 2013-14 AND ASSESSMENT YEAR (AY) 2014-15 ARE MENTIONED BELOW:


For Individual male,Age less than 60 Years

Up to 200000 : Nil

200001-500000 : 10%

500001-1000000 : 20%

1000001 & above : 30%



For Individual female,Age less 60 years

Up to 200000 : Nil

200001-500000 : 10%

500001-1000000 : 20%

1000001 & above : 30%

For Individual, Age more than 60 Years ( Senior Citizen)

Up to 250000 : Nil

250001-500000 : 10%

500001-1000000 : 20%

1000001 & above : 30%

For Individual ,Age more than 80 Years ( Very Senior Citizen )

Up to 500000 : Nil

500001-1000000 : 20%

1000001 & above : 30%

Further there is no change in education cess-2%
secondary and higher education cess-1%

SURCHARGE APPLICABLE-1% FOR ASSESSEE ERANING MORE THAN 1CR
2000 CREDIT ALLOWED FOR ASSESSEES EARNING 2LAKH TO 5 LAKHS