There are many amounts which are allowed to be deducted from Gross Salary under different sections. After claiming such deductions, the amount of Taxable Salary is arrived at.
Following Income Tax Calculator is very user friendly that helps you to calculate the tax liability after deductions of such amount under different sections. Under some sections, there is some maximum limit on such deductions like transport allowance, HRA exemption etc. and under some sections there is no maximum cap on claimed amount like interest paid on education loan etc.
For using this income Tax Calculator, you need to enter the annual amounts like Gross Salary, Different deductible amounts like transport allowance, HRA exemption, amount invested under section 80C, Home loan interest etc. Then this calculator will calculate the amount of tax liability. This result includes Cess, service tax, etc
Please remember to enter Annual Amounts only.
2019 February 23 is a bank holiday in Andaman And Nicobar Island due to 4th Saturday Bank Holiday.
2019 March 04 is a bank holiday in Andaman And Nicobar Island due to Maha Shivratri.
2019 March 04 is a bank holiday in Chandigarh due to Maha Shivaratri.
2019 March 09 is a bank holiday in Andaman And Nicobar Island due to 2nd Saturday Bank Holiday.
2019 March 20 is a bank holiday in Assam due to Dol Jatra.
2019 March 20 is a bank holiday in Jharkhand due to Holika Dahan.