Income Tax Calculator (Beta)

Income from Salary / Pension
Income From House Property
If Property
Income From Business & Profession
Presumptive Business Income
Other Business Income
Income From Capital Gains
1 Short Term Normal Rate
2 Short Term Securities 15%
3 Long Term - capitaGainsIncomeSecurities @10%
4 Long Term other than Securities @10%
5 Long Term @20%
Income from Other Sources
1 Intesret On Saving Bank Account
2 Intesrest from Bank /Post office deposites
3 Dividend Income
4 Any Other Income
5 Family Pension Received
6 Income From Winning From Lottery & Crossword Puzzle
Eligible Deductions under Chapter VIA
1 Deduction U/s 80C /80CCC/80CCD1(Maximum Rs 150000)
2 Deduction U/s 80CCD((B) (Maximun Rs 50000)
3 Deduction U/s 80 CCD(2) Employer Share Of NPS if inculded in gross
4 Deduction U/s 80D (Medical Ploicy paid)
5 Deduction U/s 80DD( Handicappped dependent person)
6 Deduction U/s 80E(Interest piad on education Loan)
7 Deduction U/s 80G( Donation Paid)
8 Deduction U/s 80U ( Self Handicapped Person)
9 Deduction U/s 80TTA (Max. 10000)
9 Deduction U/s 80TTB (Max 50000)
10 Other Deductions
Total Deduction
Add- Agriculture Income for rate purpose
Old Regime New Regime
Total Taxable Income
Total Income inculding agriculture Income
Total Tax Payable
Total Income for the purpose of agriculture rebate
Tax On Income at normal rate
Tax on income @ 15%
Tax On Income @10% non listed
Tax on income @ 10%
Tax On income @ 20%
Tax On Lottery and crossword Puzzles Income
Total Tax Payable
Less:- Rebate For Agriculture Income
Net Tax Payable
Less:- Rebate U/s 87A
Balance Tax Payable
Add:-Surcharge
Add:- Education cess@ 4%
Total Tax Liability
Less Tax Deducted at Source On Salary
Less Tax Deducted at Source On intt Income
Less:- Tax Collected Source
Less:- Advance Tax
Balance Tax Payable