Income Tax Calculator
This is an income tax calculator to calculate income tax returns filing for the current year. You can use this free income tax calculator to figure out your income tax.
'How to file income tax' is on everyone's mind and we bring you a simple income tax calculator to figure out how much income tax you have to file during your income tax returns filing for the current assessment year.
This income tax calculator also provides latest income tax slabs based on your income and takes into account your various incomes and deductions that are available to you in Income tax Act. Income Tax has to be filed by every individual who earns more than Rs 2.5 lakh in an assessment year. You will need your Form 16 from your company in order to file your Income Tax Returns. One can fill Income Tax online.
Thu, Sep 23, 2021
IT major Infosys on Thursday acknowledged that some users continue to experience difficulties in accessing the income tax portal and assured that it is working expeditiously, in collaboration with the Income Tax Department, to further streamline end-user experience.
Fri, Sep 10, 2021
The central government on Thursday extended the deadline till December 31 for filing of income tax returns by individuals for the financial year 2021, amid the coronavirus pandemic and technical glitches in the IT portal. Check the details here:
Income Tax Refund 2021: CBDT issues refund of over Rs 67, 000 cr till August 30; follow 4 EASY steps to check ITR refund status
Sat, Sep 04, 2021
Important alert from SEBI! Link Aadhaar with PAN till THIS date, else it will become INVALID - Check process to do it on income tax website www.incometaxindiaefiling.gov.in
Fri, Sep 03, 2021
Income Tax Alert – LAST DATE for payment under Vivad se Vishwas Act EXTENDED - CBDT takes step because of THIS REASON
Sun, Aug 29, 2021
“Under The Direct Tax Vivad se Vishwas Act 2020 (hereinafter referred to as “Vivad se Vishwas Act”), the amount payable by the declarant is stated in the table under section 3 of the Vivad se Vishwas Act,” this release said
Income Tax Portal – Finance Ministry SUMMONS Infosys MD & CEO Salil Parekh on prevailing glitches; e-portal issues NOT RESOLVED even after 2.5 months, says IT department tweet
Sun, Aug 22, 2021
Income Tax Portal - Indian Ministry of Finance has summoned Salil Parekh, the Managing Director (MD) and Chief Executive Officer (CEO) of Infosys on 23 August to seek explanation regarding the prevailing glitches in the new income tax portal, an official Twitter Handle of Income Tax India @IncomeTaxIndia said
Taxpayers ALERT: IT REFUND worth Rs 47,318 cr issued between April and August; charged excess interest, late fee? Income Tax REFUND coming soon for you too
Sat, Aug 14, 2021
Taxpayers alert! GOOD NEWS - Income Tax has this important message for you | Excess interest and late fee refund confirmed
Wed, Aug 11, 2021
Income Tax Payers ALERT: CBDT issues refunds of over Rs 45,896 crore between April 1 and August 2; also check extended DUE DATES for e-filing of various forms
Sat, Aug 07, 2021
Salaried employees ALERT! How salary, allowances, retirement benefits are taxed? What are exempted? Here is Income Tax Department GUIDE for you
Thu, Aug 05, 2021
As per the information provided by the Income Tax Department, section 17 of the Income-Tax Act defines the term ‘salary’. Generally whatever is received by an employee from an employer in cash, kind or as a facility (perquisite) is considered as salary.
Income Tax: When do you have to pay tax? Income below which there is no need to pay tax? Check details here
Wed, Jul 21, 2021
Section 14 of the Income-tax Act has classified the income of a taxpayer under five different heads of income that is salaries, income from house property, profits and gains of business or profession, capital gains and income from other sources.
Income Tax ALERT! Infosys acknowledged technical issues in www.Incometax.Gov.In portal, initial glitches mitigated, says Finance Ministry
Tue, Jul 20, 2021
Fri, Jul 02, 2021
Buyers will have to deduct tax at source at 0.1 per cent of the amount paid for goods for all purchases made during the year post-June 30, 2021 if the value of purchases or advance payments during the year between April and June exceeds Rs 50 lakh.