Income Tax Calculator

Tax Calculation Procedure

Examples of Tax Calculation

Direct Tax Code

Learn how to calculate your Income Tax
Step I : Gross Income
Calculate your Annual Income. (Monthly Income * 12)

Step II : Donations
Calculate the total donations you have made towards various institutions in accordance to Income Tax Rules.

Step III : Savings
Calculate your total savings. This may include all the savings and investments mentioned in Income Tax Saving Schemes Sections.

Step IV : Taxable Income Follow the following rule to calculate your taxable income


Step V : Income Tax
When you have calculated your taxable income, refer to the following slabs to calculate your Income Tax accordingly. Choose the slab according to your income and calculate your Income tax.

Income tax slabs 2011-2012 (for Men) in India:

The threshold income tax exemption limit for men has been revised to Rs 1,80,000 than the previous limit of Rs 1,60,000.There will be a minimum saving of Rs 2000 in income tax than previous year.

Income Tax Slab (in Rs.)	Tax
Up to Rs 1,80,000	No Tax
1,80,001 to 5,00,000	10%
5,00,001 to 8,00,000	20%
Above 8,00,000	30%

Income tax slabs 2011-2012 (for Women) in India:

When the government charges a fee on a product, income or activity to be used to finance government expenditure gets known as tax. Government imposes two kinds of taxes :
Direct tax- tax levied on personal or corporate income
Indirect tax- tax levied on price of a good or service
Public goods and services are provided by government and quasi-government agencies which tend to finance themselves largely through taxes.
There is no change in tax structure for women.

Income Tax Slab (in Rs.)	Tax
0 to 1,90,000	No Tax
1,90,001 to 5,00,000	10%
5,00,001 to 8,00,000	20%
Above 8,00,000	30%

Income tax slabs 2011-2012 (for Senior Citizens) in India:
A new income tax bracket for senior citizens has been introduced which are above eighty years of age. The tax exemption limit to senior citizens above 80 of age has been increased to Rs. five lakhs from the existing 2.4 lakhs. For senior citizens between 60 to 80 years the tax exemption limit has been revised to Rs 2,50,000 from Rs 2,40,000 thus an increase of Rs 10,000 only. The senior citizen age has also been reduced to 60 years from 64 years.

Income Tax Slab (in Rs.)	Tax
Up to Rs 5,00,000	No tax / exempt
5,00,001 to 8,00,000	20%
Above 8,00,000	30%

Step VI: Education Cess
Add 3 % of your taxable income as the Educational Cess to the Income Tax amount calculated in step V.

TAX CALCULATED

Example
Example 1: Mrs. Kuldeep is 35 year old and earning 8 lac annually. (Male)

Calculation

Tax on Income up to 1,60,000	Nil
Tax on Income between 1,60,000-5,00,000 (@ 10%)	34,000
Tax on Income between 5,00,000-8,00,000 (@ 20%)	60,000
Total	94,000
Educational Cess(@ 3% of Total Tax)	2,820
Net Tax Payable	96,820

Example 2: Mrs. Harminder Kaur is 32 year old and earning 12 lac annually. (Female)

Calculation

Tax on Income up to 1,90,000	Nil
Tax on Income between 1,90,000-5,00,000 (@ 10%)	31,000
Tax on Income between 5,00,000-8,00,000 (@ 20%)	60,000
Tax on Income between 8,00,000- 12,00,000 (@30%)	1,20,000
Total	2,11,000
Educational Cess(@ 3% of Total Tax)	6,330
Net Tax Payable	2,17,330

Example 3: Mrs. Rajesh is 67 years old and earning 8 lac annually. (Senior Citizen)

Calculation

Tax on Income up to 2,40,000	Nil
Tax on Income between 2,40,000-5,00,000 (@ 10%)	26,000
Tax on Income between 5,00,000-8,00,000 (@ 20%)	60,000
Total	86,000
Educational Cess(@ 3% of Total Tax)	2,580
Net Tax Payable	88,580

INCOME TAX SLABS FOR MEN, WOMEN AND SENIOR CITIZENS FROM FINANCIAL YEAR 2001 TO 2011

Tax	MEN	WOMEN	SENIOR CITIZEN
financial year 2011-12
Basic Exemption	180000	190000	250000
10% tax	180001 to 500000	190001 to 500000	250001 to 500000
20% tax	500001 to 800000	500001 to 800000	500001 to 800000
30% tax	Above 800000	Above 800000	Above 800000
financial year 2010-11
Basic Exemption	160000	190000	240000
10% tax	160001 to 500000	190001 to 500000	240001 to 500000
20% tax	500001 to 800000	500001 to 800000	500001 to 800000
30% tax	above 800000	above 800000	above 800000
financial year 2009-10
Basic Exemption	160000	190000	240000
10% tax	160001 to 300000	190001 to 300000	240001 to 300000
20% tax	300001 to 500000	300001 to 500000	300001 to 500000
10% tax	above 500000	above 500000	above 500000
financial year 2008-09
Basic Exemption	150000	180000	225000
10% tax	150001 to 300000	180001 to 300000	225001 to 300000
20% tax	300001 to 500000	300001 to 500000	300001 to 500000
30% tax	above 500000	above 500000	above 500000
financial year 2007-08
Basic Exemption	110000	145000	195000
10% tax	110001 to 150000	145001 to 150000	Nil
20% tax	150001 to 250000	150001 to 250000	195001 to 250000
30% tax	above 250000	above 250000	above 250000
	note:- there is a 10% surcharge if income is greater than 10 lakh
financial year 2006-07 & 2005-06
Basic Exemption	100000	135000	185000
10% tax	100001 to 150000	135001 to 150000	Nil
20% tax	150001 to 250000	150001 to 250000	185001 to 250000
30% tax	above 250000	above 250000	above 250000
financial year 2004-05 & 2003-04
Basic Exemption	50000	50000	50000
10% tax	50001 to 60000	50001 to 60000	50001 to 60000
20% tax	60001 to 150000	60001 to 150000	60001 to 150000
30% tax	above 150000	above 150000	above 150000
	note:- there is a 10% surcharge if income is greater than 8.5 lakh
financial year 2002-03
Basic Exemption	50000	50000	50000
10% tax	50001 to 60000	50001 to 60000	50001 to 60000
20% tax	60001 to 150000	60001 to 150000	60001 to 150000
30% tax	above 150000	above 150000	above 150000
	note:- there is a 5% surcharge if income is greater than 60000.
financial year 2001-02
Basic Exemption	50000	50000	50000
10% tax	50001 to 60000	50001 to 60000	50001 to 60000
20% tax	60001 to 150000	60001 to 150000	60001 to 150000
30% tax	above 150000	above 150000	above 150000
	note:- there is a 2% surcharge if income is greater than 60000.

Glimpse of Direct Tax Code
Indian Union government is, currently, following, Direct Tax Code (DTC) in India from April 1, 2011. This DTC has replaced the previous Income tax structure in India, leaving more money in the hands of people.

Although, During the budget 2010 presentation, the finance minister Mr. Pranab Mukherjee said to enforce the new direct tax code (DTC) from 1st of April, 2011, but same could not be fulfilled and now it will be applicable from 1st April, 2012. Union government is determined to implement that Direct Tax Code (DTC) in India by April 1, 2011. The new DTC will replace the existing Income tax structure in India, leaving more money in the hands of people. Here are the main highlights of Direct Tax Code (DTC)

Here are the main highlights of Direct Tax Code (DTC)
General Tax Incentives for Investors :
The Government offers many incentives to investors in India with a view to stimulating industrial growth and development. The incentives offered are normally in line with the government's economic philosophy, and are revised regularly to accommodate new areas of emphasis. The following are some of the important incentives offered, which significantly reduce the effective tax rates for the beneficiary companies:

Five year tax holiday for:

• Power projects.
• Firms engaged in exports.
• New industries in notified states and for new industrial units established, in electronic hardware/software parks.
• Export Oriented Units and units in Free Trade Zones.
• As of 1994-95 budget firms engaged in providing infrastructure facilities, can also avail of this benefit.
• Tax deductions of of 100 per cent of export profits.
• Deduction of 30 per cent of net (total) income for 10 years for new industrial undertakings.
• Deduction of 50 per cent on foreign exchange earnings by construction companies, hotels and on royalty, commission etc. earned in foreign exchange.
• Deduction in respect of certain inter-corporate dividends to the extent of dividend declared.

Tax Rebates for Corporate Sector

• The classical system of corporate taxation is followed.
• Domestic companies are permitted to deduct dividends received from other domestic companies in certain cases.
• Inter Company transactions are honored if negotiated at arm's length.
• Special provisions apply to venture funds and venture capital companies.
• Long-term capital gains have lower tax incidence.
• There is no concept of thin capitalization.
• Liberal deductions are allowed for exports and the setting up on new industrial undertakings under certain circumstances. There are liberal deductions for setting up enterprises engaged in developing, maintaining and operating new infrastructure facilities and power-generating units.
• Business losses can be carried forward for eight years, and unabsorbed depreciation can be carried indefinitely. No carry back is allowed.
• Specula tax provisions apply to activities carried on by nonresidents.
• A minimum alternative tax (MAT) on corporations has been proposed by the Finance Bill 1996.
• Dividends, interest and long-term capital gain income earned by an infrastructure fund or company from investments in shares or long-term finance in enterprises carrying on the business of developing, monitoring and operating specified infrastructure facilities or in units of mutual funds involved with the infrastructure of power sector is proposed to be tax exempt.

Important industry measures

• Financial Year 2011-12 divestment target at Rs 40000 crore
• Education sector is allocated Rs 52,057 crores
• Infrastructure spending to rise by 24%. To allocate Rs 58,000 crores for Bharat Nirman projects
• RBI to be allowed to grant more banking licenses
• Considering a new fertiliser policy for urea.
• Banks allowed to raise tax-free infrastructure bonds worth Rs 30,000 crores
• Hybrid auto parts to get custom duty exemption
• Ship-owners allowed duty-free spare-parts import
• Standard excise duty and service tax at 10%. Minimum Alternate Tax (MAT) to be raised 18.5% from 18%. Foreign dividend tax rate cut to 15% for Indian companies
• Cold-chain equipments exempted from excise duty
• Health sector gets Rs 26760 crores, PSU banks Rs 6000 crores

Income Tax Slabs

Income Tax Slab (in Rs.)	Tax
0 to 2,00,000 (2,50,000 for senior citizens)	No Tax
2,00,001 to 5,00,000	10%
5,00,001 to 10,00,000	20%
Above 10,00,000	30%

• Exemption for interest on housing loan for self-occupied property will be 1.5 lakhs per year (same as earlier).
• Only half of Short-term capital gains will be taxed. Long term capital gains (From equities and equity mutual funds, on which STT has been paid) exempted from income tax.
• Tax exemption at all three stages (EEE) - savings, accretions and withdrawal’s to be allowed for provident funds (GPF, EPF and PPF), NPS (new pension scheme administered by PFRDA), Retirement benefits (gratuity, leave encashment, etc), pure life insurance products & annuity schemes.
• Surcharge and education cess abolished.
• For incomes arising of House Property: Deductions for Rent and Maintenance reduced from 30% to 20% of the Gross Rent. Also all interest paid on house loan for a rented house will be deductible from rent.
• Tax exemption on LTA (leave travel allowance) is abolished.
• Tax exemption on Education loan to continue.
• Corporate tax reduced from 34% to 30% including education cess and surcharge.
• Taxation of Capital gains from property sale : For sale within one year, gain is to be added to taxable salary. For long term gain (after one year of purchase), gain after indexation will be added to taxable income and taxed at per the tax slab.
• Max limit for medical reimbursements has been increased to 50,000 per year. (currently 15,000)

View Comments

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By Abhishek kumar (on Jan 25, 2012 01:30 AM) I dont know that how to compute the income tax return of any type

By GOWRISANKAR (on Jan 23, 2012 12:26 PM) Useful and informative one. Thanks for sharing.

By Medha (on Dec 24, 2011 12:55 PM) Tax calculation kaise karte he pls bataiye mera husband ka ctc 170000 he to pls suggest

By J. Nanjunda Reddy (on Dec 20, 2011 05:52 PM) VERY GOOD

By Sneha (on Dec 20, 2011 11:05 AM) Hiii can u explain it how to calculate ? actually i did not get d point so please explain it properly.......

By Lali (on Dec 13, 2011 10:39 PM) Thanks

By Monika (on Dec 13, 2011 03:29 PM) Thanks for sharing online income tax calculator, please let me know if anyone missed to return file for last 2 years, then how to file return this year is that any fine calculation, if yen then what it will be

By Shweta (on Dec 12, 2011 03:48 PM) Can u please let me know if this income tax calculator do proper income tax calculation , i mean deduction for 80 c and others. please revert as i have to calculate income tax urgently

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By Prashant dhande (on Dec 11, 2011 03:12 PM) My anul grass salri is 3.5 lack' how meny rupess tax

By T. D. Meshram (on Dec 10, 2011 09:41 PM) My gross income is Rs.500000 and investment under 80C,80CC etc. is Rs. 110200. I am Senior citizen. Please calculate my Tax liability. Details of investment : PPF.50,000+NSC10000+ insurance premium 27000+ mediclaim policy 4647+ housing loan 18600 = 110247.

By Preeti Khanna (on Nov 28, 2011 04:57 PM) My package is 15 lacs what will be income tax for me, how to calculate income tax after deduction of 80 c and 80 d

By Ashish (on Nov 25, 2011 10:39 AM) Working with hcl bpo, take home salary is 5 lacs wat will be the tax to be paid on this

By GAUTAM SARKAR (on Nov 24, 2011 01:30 PM) I am a C.G. Employee. Please let me know the following quaries : a) Whether CGHS contribution will be directly deducted from the total income? b) Whether Tution Fee of Rs.1200/- will be directly deducted from the total income?

By Sabapathy (on Nov 22, 2011 10:41 AM) Very useful info, well organized and presented. Thanks,

By Arpit Chawla (on Nov 18, 2011 05:08 PM) Please guide me on income tax calculator, how to calculate income tax from salary and other sources. is there any difference on calculation for tax for income from salary and business

By Akshat (on Nov 14, 2011 10:45 AM) Please provide more details on income tax 2011-12 just govt has raised limit on PPF from 70,000 to 1 lacs, how will it affect (if any ) on income tax for this period

By MOHD ARIF (on Nov 12, 2011 08:52 AM) I want to calculate my tax for 2011-12

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By Bijay Kumar (on Nov 08, 2011 12:57 PM) Can you please provide income tax calculator, so that we may calculate online, please also help in how to calculate income tax for HUF

By Sanjay (on Nov 07, 2011 09:56 AM) I was looking for information on income tax calculator online so that i may check out the tax and how much amount of savings i have to do this year. Thanks for information

By Rupa (on Nov 03, 2011 08:44 PM) Will there be tax exemptions if i invest in icici prudential or kotak life insurance.i would be grateful for your advice . thank you.

By Babarkhan (on Nov 02, 2011 10:57 AM) HI , My CTC is 33,750 per month. i want to know how much tax i have to pay. or how much insurance policy i hve to take ..

By Vishal Tyagi (on Oct 18, 2011 04:58 PM) Hi my annual income is 9 lacs. What will be my income tax calculation for this financial year. Apart from 1 lacs of 80c any other saving we can do

By Amit (on Oct 12, 2011 04:58 PM) Hi i have earned 6 lakh from job and 3 lakh from part time consultancy , please let me know how to calculate income tax on this, do i have to calculate income tax separately for job and business, please advice

By Puneet (on Oct 11, 2011 04:58 PM) Please let me know the heads to be used for tax calculation, and how to calculate advance tax

By Shalok (on Oct 10, 2011 04:58 PM) Can u please advice with example for income tax calculation for aasessment period 2010-2011, my annual package is 16 lacs

By Surya kant saini (on Oct 04, 2011 11:30 AM) My monthly salary 38000/-P.M. pls. advice how much tax i need to pay and how much saving do i need to show.

By K JAYARAMAN (on Sep 30, 2011 03:09 PM) THIS WAS VERY USEFUL. I HAVE CALCULATED MY PROJECTED INCOME MYSELF AND THE LIABILITY WITH YOUR ABOVE DETAILS.

By Rashmi (on Sep 23, 2011 05:58 PM) What is the procedure of income tax calculation in india, what is the limit for senior citizen income to be exempted to pay income tax for 2011-12

By Garima Singhal (on Sep 18, 2011 05:58 PM) How to calcuate HRA for purpose of income tax, am paying 10k as house rent, where as i am getting 6k HRA , can i include extra 4k for HRA to calculate tax

By Suresh Kumar (on Sep 17, 2011 05:58 PM) My company is deducting tax on my salary on monthly basis, apart from this i have income form home tuitions which is some about 3 lakhs yearly what will be calculation for tax on tuition income

By Randhir Kumar (on Sep 16, 2011 05:58 PM) Earning 20 k per month and have income from agricultural land, what will be tax calculation , as i heard some extent income from agriculture land is exempted from income tax

By Vikki (on Sep 15, 2011 04:58 PM) My earning is below 3 lacs annualy, 8 k/month am paying for HRA and 20k for insurance, let me know the income tax to pay, or how to calculate it

By Amit Khanna (on Sep 13, 2011 04:58 PM) I am earning 85000 per month.... how to calculate income tax on it , what are the exemption i can apply for

By Paras (on Sep 11, 2011 05:58 PM) My income is 40 k per month , have invested some amount is share market as well, can u please calculate income tax on my salary and suggest me the way to save tax by investements

By Sushil Verma (on Sep 11, 2011 04:58 PM) Please help me to calculate income tax, am earning from consultantancy from india to my international clients pl let me know how to calculate income tax for this, is your income tax calculator can help me in this type of calculations

By Sumit (on Sep 10, 2011 04:58 PM) Can yu please provide any proforma / sample for tax calculation for income tax , period 2010-11

By Raj (on Sep 08, 2011 11:17 AM) How about the investing amount from NRO to domestic FD. How to calculate the income tax that is to be paid. Heard that depending on the country an NRI reside, there is an additional percentage of amount deducted on the tax amount. Advise please.

By Raju (on Sep 08, 2011 11:12 AM) What is % as tax to be paid on the interest amount on domestic FD upon maturity?

By Danim (on Aug 31, 2011 02:31 PM) How to Calculate the LTA amount

By Ravi (on Aug 31, 2011 02:29 PM) Provide the formula of pf calculation in lose of pay situation

By Nancy (on Aug 31, 2011 02:28 PM) I just want to know calculation of TDS so please help me to provide this information and formulas

By Sunny (on Aug 31, 2011 02:26 PM) How to calculate PT if CTC per month is greater that 12500 Rs?

By Rai (on Aug 31, 2011 02:25 PM) Is there any formula or calculation for payroll?

By Jaislen (on Aug 31, 2011 02:24 PM) What s the formula of calculating Rate of absenteeism/month?

By Sanjay (on Aug 31, 2011 02:21 PM) Farmland (FT) has a tax rate multiplier of 0.00401984 and a tax ratio of 0.25

By Mansi (on Aug 31, 2011 02:18 PM) Your Taxes = Your Assessment Value * Total Tax Rate Multiplier

By Umar (on Aug 31, 2011 02:14 PM) What portion of the GDP is accounted for by Consumer Spending

By Reena (on Aug 31, 2011 02:13 PM) What is basic formula for calculating of GDP

By Richa (on Aug 31, 2011 01:06 PM) Taxable Income = Gross Income - (Savings + Donations/Charity)

By Rajin (on Aug 31, 2011 01:05 PM) Gross Income = Monthly Income x 12

By Naveen (on Aug 31, 2011 01:04 PM) How to find tax calculatorIncome from capital gains

By Ranjan kumar pradhan (on Aug 28, 2011 01:39 PM) Please give full procedure with formula & example of calculating tds, income tax, service tax, kindly request to send details to my mail.

By RANJAN PRADHAN (on Aug 28, 2011 01:34 PM) DEAR SIR, MY SALARY IS 32000 PER MONTH. COULD U TEL ME HOW MUCH TAX I WILL PAY EVERY MONTH

By BISWA RANJAN SAHOO (on Aug 26, 2011 01:39 PM) Pls, give full procedure with formula & examples of Calculating the income,sale,service,vat kindly requesting to send my mail as soon as

By Umesh Gupta (on Aug 23, 2011 05:58 PM) Please calculate income tax for me am earing 4 lacs yearly, with some investments for around 75k, wat will be calculation for income tax on this, how much tax i have to pay for 2011-2012

By Preeti (on Aug 23, 2011 05:58 PM) My personal income is 3.6 lacs annual , how much income tax i have to pay for 2010-11, is there penalty or fine i have to pay if i missed the last date for paying income tax

By Gaurav Halde (on Aug 23, 2011 11:13 AM) I would like to know more eg...

By DR TARAN PREET KAUR (on Aug 21, 2011 07:25 PM) Dis site is vry good nd opened my eyes to invest.........thnks.......

By Raj kumar (on Aug 20, 2011 11:17 AM) Its verry good

By M K JAIN (on Aug 17, 2011 03:02 PM) Hello, i want to know that my annual income is 780000 and investment is rs 100000 and extra investment of 20000 to bond, now tell me the basic tax, if i m senior citizen in india above67 yrs age

By Priyanka Mishra (on Aug 15, 2011 05:58 PM) Does you tax calculator also include 80D extra 20k saving for infrastructure bond

By Farhan Shaikh (on Aug 14, 2011 06:59 PM) Hi my salary is 28000 per month. Can you pls tell me how much tax do i need to pay every month

By Pradeep (on Aug 14, 2011 01:54 PM) Tax calculation for above 1500000 i want to know

By Arvind Singh (on Aug 12, 2011 05:58 PM) We are running wholesale business in partnership, have a loss in one firm and profit in another do we have to calculate income tax jointly for both or separately

By Aaditya (on Aug 04, 2011 01:03 PM) I m earning 25000 per month i want to invest so that i can do tax saving where i need t oinvest and how can i save tax.

By Khan (on Aug 02, 2011 03:36 PM) Dear Sir my annual income along with my PF is 384000 per annum. Kindly calculate my income tax for the current FY 2011-12

By Daizy (on Aug 01, 2011 05:58 PM) My brother is setteled in UK and he send 50k per month, does this amolunt is taxable, what will be income tax caculation in india as he already paid tax on it in UK

By Radha Reddy (on Jul 28, 2011 12:09 PM) It is very helpful information for me Thank you

By Vineet (on Jul 16, 2011 10:54 PM) Hi i am 25years old (male). My total CTC is 20,193 and gross salary is 19100. What will be my income tax for this financial year.

By MADHAN MOHAN (on Jul 14, 2011 08:08 PM) Hi my annual income is 3.6 lacs. which i am getting from Feb 2011. What will be my income tax for this financial year.

By Suresh khuje (on Jul 11, 2011 09:23 PM) Can i submit online return please give procedure

By Pritam singh (on Jul 09, 2011 05:59 PM) Inquiry required whether the income tax returns are to be fill up less than 5 lacs or otherwise

By S.tushar (on Jul 02, 2011 03:30 PM) Yearly income 481000 and invested 10000 wow much tax should i pay

By CHARU (on Jun 30, 2011 08:05 PM) SIR, I AM 67 YEARS OF AGE &MY INCOME AFTER DEDUCTIONS ISRS. 3,94,794.00 (F.Y.2010 -11.) HOW MUCH SHOULD I HAVE PAID TAX?

By B.Jyothirmai (on Jun 29, 2011 10:50 AM) My monthly annual income is 408000per annum how much tax i have to pay from 2011 march to 2012 april

By Rajiv (on Jun 22, 2011 12:31 PM) What type of saving we should show in 80c&80d

By Mukul (on Jun 16, 2011 04:46 PM) 2011-12 Examp Rate

By Shiv Pandey (on Jun 14, 2011 01:30 PM) Please send tax calculator for F Y 2011-2012

By Amit ranjan (on Jun 04, 2011 04:21 PM) This site is very good i am impressed this site this site is filing for income tax return easily i hope under stand all assesses use this site and filed i.t.r. easily.

By Dinesh (on May 31, 2011 04:54 PM) Hi this very helpful site for calculate income tax.. thanks and appreciate you

By L nagaraju (on May 30, 2011 11:13 AM) I wants caluclation of houserent excemption & spose case also

By JITENDRA KUMAR (on May 18, 2011 05:10 PM) I want to know

By Rajesh panda (on May 07, 2011 12:38 PM) Dear sir, I m intraday trader in share markets. and my annual income 30lakhs. i can pay tax or no pay any tax.

By Laan (on Apr 26, 2011 06:47 PM) Bank loan - Bank laan and money info on finance to mention some of it

By Prabhakar (on Apr 18, 2011 06:16 PM) Can Homelone interest and HRA both can be claimed if property is situated in same city

By Omkar Ghogale (on Apr 18, 2011 04:14 PM) My salary half year received in proprietory co,& half year salary received in Pvt. Ltd. Co.(Both are company owner same)Which co.deduction of tax & which co. to pay? please advise

By Fatboy saekkestole (on Apr 14, 2011 09:06 PM) Fatboy Fatboy - furniture.

By Vnkdflvdkfkv (on Apr 11, 2011 07:15 PM) Good

By Dileep jaiswal (on Apr 11, 2011 04:13 AM) Sir I want a caculator to caculate my income tex for 2011-2012

By Ajay sharma (on Mar 24, 2011 11:48 AM) My annual income from salay 3,35000.00 how to save income tax.

By R.sridhar Prasad (on Mar 17, 2011 02:31 PM) Hi , My annual Income is 3,36,000 per annum,But in my pay slip, TDs amount is 2,700 rs per month,HOw this Tds is calculated?

By Venkat (on Mar 17, 2011 11:23 AM) Thats fine

By PV.RAO (on Mar 14, 2011 02:00 PM) Limit for house rent receipt.

By Om prakash (on Mar 11, 2011 01:36 PM) Sir i am earining jobs some work so monthly income 22465 so how can i pay tax .

By Atanu ghosh (on Mar 06, 2011 08:07 PM) I want to know about the i.t. deductions of doctors as i am an accountant in a hospital, i know that, this type of profession the i.t. deductions should be 10.3%/month, although i want to know the details, if they has savings above 1.5 lakhs.

By Bhargav (on Mar 05, 2011 12:00 PM) Hi

By Rishi raj (on Mar 03, 2011 04:05 PM) Pls provide the answer of below question

By Atanu Das (on Mar 03, 2011 01:03 AM) Just amezing.

By Ankit Malik (on Mar 01, 2011 01:46 PM) My annual salary is 335000, how much tax i have to pay for the year of 2011.

By Manish (on Mar 01, 2011 12:55 AM) Sir, My Basic salary is Rs. 69000 p/m and PF deduction is Rs. 8987 p/m, pls. advice how much tax i need to pay and how much saving do i need to show?

By R.Narayanan (on Feb 26, 2011 02:56 PM) Really very useful

By Raghu (on Feb 26, 2011 12:35 PM) Good site for it

By Ravindra waghmare (on Feb 26, 2011 08:34 AM) Good site for income tax information.

By Pankaj Kumar Singh (on Feb 23, 2011 05:31 PM) Sir Please Clerify Income from Capital Gain

By M. Sai Babu (on Feb 08, 2011 11:22 AM) Tax calculation it's good, i want latest calculation above 10,00,000/-

By Subhash Mani (on Dec 13, 2010 02:40 AM) My CTC is 469,000, as it falls under 160,000 to 500,000 category which attracts for a 10% tax hence am I eligible for 46,900 (10% of CTC) and should provide satisfactory evidence of 46,900 only for zero-tax ?

By S.Venkatasubramanian (on Dec 11, 2010 02:27 PM) Every one useful.

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