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Indian Income Tax Calculator
Indian Income Tax Calculator
Basic 4500
DA
Childs education 4500
HRA 4500
Conveyance 4500
Medical 4500
LTA 4500
Telephone 4500
Broadband 4500
Fuel and Maintainence 4500
Other Allowances
Bonus
Perks
Uniform allowance
Total 0 40500 0 0 0 0 0
Rent
Professional tax
Income tax
Provident Fund
Other deductions
Voluntary Provident Fund
Life insurance
Fuel and Maintainence Bills
Telephone Bills
Broadband Bills
Medical Bills
Leave Travel Allowance
Net Salary 0 40500 0 0 0 0 0
Tax Computation
Gross Salary 40,500
Profession Tax 0
Exemptions under section 10 & 17 0
Gross Salary after Section 10 & 17 exemptions and professional tax 40,500
flexible benefit plan deductions 0
Income chargeable under head 'Salaries' 40,500
Income chargeable under head 'House/Property' 0
Income chargeable under head 'Capital Gains' at nominal rate 0
Income chargeable under head 'Capital Gains' at nominal rate 0
Income chargeable under head 'Other Sources' 0
Gross Total Income 40,500
Deductions under chapter VI-A 0
Deductions under sec 80C 0
Net taxable income 40,500
Tax Slabs Tax rate Appl Amt Balance Tax
00000 - 250000 0% 40,500 0 0
250001 - 500000 5% -250,000 0 0
500001 - 1000000 20% -500,000 0 0
> 1000000 30% 0 0
Tax credit (Sec 87A) 0
Tax on Income 0
Capital Gains Tax (from Stocks & MFs) 0
Capital Gains Tax (from Property) 0
Tax on dividends 0
Surcharge on Income Tax 0
Education Cess 0
Total Tax Liability 0
Total Income tax paid from salary 0
Tax paid outside of salary 0
Income tax due 0
Remaining months in year 12
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0 0 0 0 0 40500
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0 0 0 0 0 40500