Income Tax Calculator FY 2012-13

Particulars Income Tax Payee Type Gross Income Exemptions u/s 10 A Gross Total Income Deduction under VI A Tax Benefit u/s 24 Taxable Income Tax Slab 200,000 500,000 1,000,000 10,00,000+ Tax on Total Income Education Cess Tax Payable Monthly Income Monthly Tax (Appx TDS) Income Tax Ratio Gross Total Income/12 Tax Payable/12 Gross Total Income/Tax Payable Details Sr. Citizen>60, Very Sr. Citizen>80 Salary, Bonus, Allowances, Other income etc HRA (Cal below), Medical, Convenyance etc Gross Income - Exemptions 80C, Infra Bonds, Health Insurance etc Interest Paid On Home Loan Tax payable on this income Slab Income 200,000 300,000 500,000 86,400

HRA Exemption Calculator

City living in Basic Salary + DA HRA Received Actual Rent Paid Least of the following will be HRA Exemption 1 2 3 HRA Receieved % of Salary+DA (50%-Metro & 40%-Non-metro) Rent paid in excess of 10 % of salary

Copyright - Network FP l Created by - Sadique Neelgund, Founder, Network FP l Applicable for FY 2012-13

To learn how to build 30+ financial calculators/templates, integrate them with each other and prepare a Financial Plan cov aspects of Personal Finance, register for Network FP's flagship program "Comprehensive Financial Plan Construction using Ex Financial Planning Software". Contact 9892218582/priti@networkfp.com to know more.

ulator FY 2012-13
Type Dropdown Input Input Input Output Input Input Output Tax Rate 0% 10% 20% 30% Output 3% Output Output Output Output Amount in Rs. Male 1,600,000 243,600 1,356,400 120,000 150,000 1,086,400 Tax Amount 30,000 100,000 25,920 155,920 4,678 160,598 133,333 13,383 10.04%

on Calculator
Dropdown Input Input Input Input Output Output Output Metro 450,000 240,000 264,000 219,000 240,000 225,000 219,000

und, Founder, Network FP l Applicable for FY 2012-13

te them with each other and prepare a Financial Plan covering all ram "Comprehensive Financial Plan Construction using Excel-based 18582/priti@networkfp.com to know more.