Income Tax Calculator

Income Tax Calculator is a utility app that helps you calculate the tax for your income in no time based on the latest Indian tax rates. This app is a useful tool for Indian individuals, especially Salaried employees and Pensioners. In this app, you can calculate tax for the Financial years 2018-19, 2019-20, 2020-21, 2021-22, 2022-23 and the Financial Year 2023 - 24 (AY 2024-25).

Find Income Tax Slab Rates for Financial Year 2018-19 onwards.

Available a number of new tax-saving ideas.

Besides, find here easy-to-follow guidelines on how to file Income Tax returns. Follow the guidelines to know "How to register in the e-filing portal for online submission of ITR", "How to login to the income tax portal", "How to choose ITR Forms", "How to e-Verify your Return" etc.

Key Features:

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» Easy income tax calculator.

» Fastest, quickest, and accurate in the calculation.

» Calculates tax liabilities for FY 2018-19 onwards.

» OLD Tax regime vs NEW Tax regime.

» Easily calculate House Rent Exemption.

» Save calculation details on your device.

» Easily share the calculation with others.

» Calculation can be shared in pdf also.

» Open previously saved calculation instantly.

» Auto-filled Standard Deduction.

» Income Tax slabs at a glance.

» Ideas on how to Save Tax.

» Help with the calculation of annual gross salary.

» Calculate the eligibility amount u/s 80C, 80D of ITR.

** Income tax calculation formula will consider the following parameters for deductions while calculating the Payable Tax:

√ Deduction under 10(13A).

√ Deduction under 80C.

√ Deduction under 80CCD(1B).

√ Deduction under 80CCD(2).

√ Deduction under 80D.

√ Deduction under 80DD.

√ Deduction under 80U.

√ Deduction under 80G.

√ Deduction under 80E.

√ Deduction under 80TTA.

√ Deduction under 80TTB.

√ Deduction under 24B.

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Disclaimer:

The information on this app has been sourced from incometaxindia.gov.in. This app, 'Income Tax Calculator', does not represent any Government entity and has no affiliation with any Government or Income Tax Department.