Tell us a little about yourself
What is your current age?
green_tickBelow 60 yrs
green_tick61 yrs to 80 yrs
green_tick81 yrs & above
What is your current annual salary?
Input your annual salary and press 'Enter'
TDS Deducted from Salary
If you do not know the TDS amount then please input '0' and press 'Enter'
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Tell us a little about yourself:


Age: Annual Income:
Your investment details
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Investments u/s 80C & 80CCD(1B) of Income Tax Act 1961:

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Medical Insurance u/s 80D of Income Tax Act 1961:

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HRA Deduction u/s 10(13A) of Income Tax Act 1961:

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Interest on Home Loan u/s 24 of Income Tax Act 1961:

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Interest on Education Loan u/s 80E of Income Tax Act 1961:

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Income from interest u/s 80TTA of the Income Tax Act, 1961:

SUMMARY
TOTAL INCOME
TOTAL INVESTMENTS
TAXABLE INCOME
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Your taxable income
5,00,000
For income between 2,50,001 - 5,00,000 - the tax payable is 10% of total income exceeding 2,50,000
i.e. ( 5,00,000 - 2,50,000) = 25,000
TAX PAYABLE
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How to use the Income Tax Calculator?

The income tax calculator is an easy to use online tool which provides you an estimation of the taxable income and tax payable once you provide the necessary details. The steps to use the tool are as given below –

  1. Choose your age bracket. This determines your applicable tax band
  2. Enter your annual salary. You can include the total salary inclusive of all bonuses and variable components
  3. Once you enter these details, subsequent fields open up where you can enter your investment details
  4. Enter your investment amount under section 80C and 80CCD(1B)
  5. Enter your medical insurance premium u/s 80D , if you have a health insurance policy
  6. If you live in a rented property, enter your HRA exemption. You can calculate your HRA exemption here
  7. If you have a home loan you’re paying back, enter the interest paid, as the same is eligible for tax deduction
  8. If you have an educational loan you’re paying back, enter the interest paid, as the same is eligible for tax deduction

Note: Whichever fields are not applicable, you can enter 0

You can see your taxable income and the tax payable on the Summary tab!