Finmin Orders on DA and Arrears
All Recent Comments and ReplyIncome Tax Calculator – Pre & Post Budget 2017
| Income Tax Calculator - Pre & Post Budget 2017 | |
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| Age Category | |
| Gross Income | |
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| Description | FY 2016-17 | FY 2017-18 |
|---|---|---|
| Gross Income | ||
| 80C Deduction | ||
| Taxable Income | ||
| 0% () | --- | --- |
| 5% () | ||
| 10% () | ||
| 20% () | ||
| 30% () | ||
| Tax on Income | ||
| Rebate U/S87A | ||
| Tax on net Income | ||
| Surcharge | ||
| Educational Cess 3% | ||
| Total Tax Payable | ||
| Impact on Tax | ||
i am retired employee having 15years
ppf account in post office.15years completed but still the account is operational and i am depositing rs 1.5
lakhs every year.the amount is accepted as savings for the income tax
or i have to take elss mutual fund
policy for rs 1.5 lakhs.
l am retired employee having ppf account of 15 years.already completed
15years. now the deduction in the ppf
account for rs 1.5 lakhs is eligible for
income tax 80 c savings.
This is very easy to use income tax calculator with minimum input required to be filled. This is especially useful because a layman does not understand taxes and hence does not know to fill in complex income input fields. Great job. Another one that is equally easy to use is the one here on H&R Block website – https://www.hrblock.in/income-tax-calculator/
Incomplete formula where is sec. 80D./80TTA.?
I calculated from TAX2WIN it’s easy http://tax2win.in
Good…good effort. But there is no provision for other deductions.