Powered by InvestmentYogi
Quick and Easy Tax Estimator
Assessment year
Income of individual as*
Gross Salary * Rs. Gross salary includes salary, bonus, perquisites, compensation etc
Section 10 exemptions Rs. Allowances exempt under section 10 - are HRA, LTA, Medical, Telephone, Petrol etc
Sec 16 deductions Rs. Deductions under Section 16 are Professional Tax / Tax on Employment, Entertainment Allowance
Other sources income Rs. Income under other sources are Family pension, Interest income
Chapter VIA deductions Rs. All deductions from section 80C to 80U. This is a part of Form 16 where amount qualified for deduction under chapter VIA is shown under the heads like contribution to Statutory Provident Fund, Recognized Provident Fund, Medical Insurance Premium, LIC premium, Donations, Housing & educational loans etc.
Total Tax Rs. 0
(includes income tax, education cess and surcharge)