Download income tax calculator india

Tick if severe disability. Tick if 80U is claimed. Any other deductions. Net Taxable Income. Income Liable to Tax at Normal Rate Income Tax. Education Cess. Secondary and higher education cess. Health and Education Cess. Total Tax Liability. Due date of submission of return. Detail of tax paid. Input all the other income like Interest income from fixed or recurring deposits. You can also include income from gifts received if its more than Rs 50, and from non-relatives.

In case you have home loan, fill up the columns to reflect the same. You get tax benefit on interest under section Budget onwards there is additional benefit for first time buyers of affordable homes. You can also claim tax benefit on interest paid on home improvement loan. This seems intuitive as how can you pay for home loan and also live on rent. Fill in the tax deductions you want to claim.

Section 80C offers more than 10 investments where you can invest to save tax, However many a times you need not actually do this investment as its already covered due to expenses like children tuition fee or automatic EPF deduction for salaried. In case you are new to taxes and investment do read our helpful guide on How to take maximum advantage of Section 80C and choose the best investment to save tax.

There are several cases where you can claim tax deductions like buying medical insurance, etc. Mention the same accordingly.

This would help you to determine which tax regime suits you. You need to follow following steps using the below example. Everyone hates Taxes and go out in full force to save it — sometime legally and sometimes beyond the law. Learn about them here and use it to your advantage. Amit had made the following investments to save tax. Tick if, company opted and qualify under section BA. Tick if, company opted and qualify for section BAA.

Tick if, company opted and qualify for section BAB. Net Taxable Income. Education Cess. Avast Free Security. WhatsApp Messenger. Talking Tom Cat. Clash of Clans. Subway Surfers. TubeMate 3. Google Play. Canon ink cartridge. Beanie Babies movie on Apple. Twee's return on TikTok.

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