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NAME

AGE
PARENT'S AGE

TOTAL ANNUAL INCOME

DEDUCTIONS
UNDER SECTION 80
UNDER SECTION 80C
LIFE INSURANCE PREMIUM
UNIT LINKED INSURANCE
ELSS
CHILDREN'S TUTION FEES
EPF / NPS
PPF
CONTRIBUTION TO SSY
TAX SAVING FD
NSC
PRINCIPAL ON HOME LOAN
GROSS TOTAL
NPS 80CCD(1B)

NET DEDUCTIONS UNDER SEC 80

SECTION 80GG HRA

SEC 80E INTEREST ON EDUCATIO

SEC 80EEA INTEREST ON HOME L

SECTION 80D
1. HEALTH INSURANCE FOR SELF
2. HEALTH INSURANCE FOR PARE
TOTAL DEDUCTION UNDER 80D
SECTION 24B HOME LOAN INTERE

SECTION 80EEB INTEREST ON EV

STANDARD DEDUCTION

LTA SECTION 10(5)

OTHERS

TOTAL DEDUCTIONS (M) (B+C+D+


NET TAXABLE INCOME

Disclaimer: The calculator is for the age lesser than 80Yrs & it i
Note: Please Click on the yellow
TARUNPRASAD SELA
33
0
₹61,464.46
₹0.00
₹0.00
₹56,700.00
₹51,012.00
₹0.00
₹0.00
₹0.00
₹0.00
₹0.00
₹150,000.00
₹0.00

₹308,000.00

₹0.00

₹0.00

₹0.00
₹0.00
₹0.00

₹0.00

₹50,000.00

₹0.00

₹26,400.00

K+L)
payable value which will help you in analysing things accordingly. So
y to feed the details
PRASAD SELA
YEARS
YEARS

₹1,104,400.00
₹150,000.00

₹308,000.00

₹0.00

₹0.00

₹0.00
₹0.00

₹0.00

₹50,000.00

₹0.00

₹26,400.00

₹534,400.00
₹570,000.00

analysing things accordingly. So please consider this as only for learn


THIS PRODUCT BELONGS TO

TO IMPROVE YOUR FINANCIAL KNOW

TAX PAYABLE AS PER OLD REGIM


TAX PAYABLE AS PER NEW REGI

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FYERS

TERM INSURANCE COMPARE


HEALTH INSURANCE COMPARE

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TELEGRAM
consider this as only for learning purpose only
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₹27,560.00
₹40,601.60

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TAX CALCULATION
TAX CALCULATION
TOTAL TAXABLE INCOME
TAX SLABS
1 to 250000
250001 to 500000
500001 to 1000000
above 1000000
GROSS TAX PAYABLE

TAX CALCULATION FOR AG


TOTAL TAXABLE INCOME
TAX SLABS
1 to 250000
250001 to 500000
500001 to 1000000
above 1000000
GROSS TAX PAYABLE
GROSS TAX PAYABLE UNDER OL
EDUCATION CESS 4%

NET TOATAL TAXA PAYABLE UN

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LATION AS PER OLD TAX REGIME
LATION FOR AGE BLOW 60YEARS
₹570,000.00
RATE SLAB VALUE
0% ₹250,000.00
5% ₹250,000.00
20% ₹70,000.00
30% ₹0.00

FOR AGE ABOVE 60 AND BELOW 80YE


₹0.00
RATE SLAB VALUE
0% ₹0.00
5% ₹0.00
20% ₹0.00
30% ₹0.00
DER OLD REGIME

BLE UNDER OLD REGIME


IME
ARS

TAX
₹0.00
₹12,500.00
₹14,000.00
₹0.00
₹26,500.00

OW 80YEARS

TAX
₹0.00
₹0.00
₹0.00
₹0.00
₹0.00
₹26,500.00
₹1,060.00

₹27,560.00
TAX CALCULATION

TAXABLE INCOME (-STD)


TAX SLABS
1 to 300000
300001 to 600000
600001 to 900000
900001 to 1200000
1200001 to 1500000
Removed in Budget 2023
Above 1500000
GROSS TAX PAYABLE
GROSS TAX PAYABLE UNDER OL
EDUCATION CESS 4%

NET TOATAL TAXA PAYABLE UN


LATION AS PER NEW TAX REGIME

₹1,054,400.00
RATE SLAB VALUE
0% ₹300,000.00
5% ₹300,000.00
10% ₹300,000.00
15% ₹154,400.00
20% -₹145,600.00
0% ₹0.00
30% ₹0.00
NDER OLD REGIME

ABLE UNDER OLD REGIME


REGIME

TAX
₹0.00
₹15,000.00
₹30,000.00
₹23,160.00
-₹29,120.00
₹0.00
₹0.00
₹39,040.00
₹39,040.00
₹1,561.60

₹40,601.60
Monthly
Basic + DA
HRA
Rent

Actual HRA Received

Basic + DA (1. 50% in Metro,2. 40% in Non Metro)

Actual Rent Paid - 10% of Basic+DA


Annually
0
0
0

Exemption
₹0.00

₹0.00

₹0.00

₹0.00

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