Income Tax AY 2020-21 Calculator for Salaried (Government) Employees
Income Tax Calculator for Salaried Government Employees AY 2020-21 (not in the excel format) with simple online free tool.
100% of the Government employees are paying income tax for their monthly salary, arrears, bonus, and every rupee.
A simple online income tax calculation tool created to find the basic tax for salaried (Government) employees. The tool shows the tax amount based on your inputs only and will not be accurate. Enter your total income in the required place and the tool will show the amount to pay the tax.
Income from monthly salary, allowances, incentives, bonus and arrears from 1st April 2019 to 31st March 2020 in the financial year 2019-2020 (Assessment Year 2020-2021).
|Income Tax Calculator 2020|
|Tax Calculation AY 2020-21|
|Taxable Income (Standard deduction Rs. 50000)||Rs.|
|Income Tax Payable||Rs.|
[Note: The above calculation for general information purpose only]
TDS certificate form 16
Form 16 is the certificate of deduction of tax at source and issued on deduction of tax by the employer on behalf of the employees.
These certificates provide details of TDS / TCS for various transactions between employer and employee. It is mandatory to issue these certificates to Tax Payers.