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The Income tax calculator is an easy-to-use online tool that helps you estimate your taxes based on your income after the Union Budget is presented. We have updated our tool in line with the income tax changes proposed in the Union Budget 2024-25.
(As amended upto Finance Act, 2023) Tax Calculator Click here to view relevant Act & Rule.
Calculate tax as per the provisions of Income Tax Act by providing income and deduction details. Compare tax under the old and new tax regime and view tax summary and details.
Income and Tax Calculator. Click here to view relevant Act & Rule. Assessment Year. Tax Payer. Whether opting for taxation under Section 115BAC ? Select Yes No. Tick if, total turnover or gross receipts of the company in the previous year 2015-16 does not exeeds 50 crore rupees. Tick if, company opted and qualify under section 115BA.
Calculate your taxes for FY 2024-25 based on your income, age, deductions and HRA exemption. Use the online tool to compare the old and new tax regimes and understand the income tax slabs and exemptions.
- The tax will be levied based on the income slab you belong to. You can refer to the income tax slabs and rates table given in the article to get mo...
- The salary income is comprised of the Basic salary + HRA + Special Allowance + Transport Allowance + any other allowance. Some of the components of...
- No, if your income is below the basic exemption limit then you are not required to file income tax returns. However, those with an income less than...
- The following details are needed during the e-filing of the income tax returns PAN no., Aadhar Card details, and current address. All the bank acco...
Use this online tool to estimate your income tax liability for FY 2024-25 (AY 2025-26) under the old or new tax regime. Enter your basic details, income sources, exemptions, deductions, and capital gains to get your taxable income and tax payable.
Feb 1, 2024 · Calculate income tax for an individual or HUF based on the given total income and deductions. Applicable for last five years, FY 2024-25, FY 2023-24, FY 2022-23, FY 2022-21, FY 2020-21. Use for Tax Computation, IT or Investment Declaration with your employer. Updated with latest tax rates from Interim Budget 2024.
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