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.
Income Tax
Budget 2020 expectations: Top 5 things on common man's wish list
Tue, Jan 14, 2020
Budget 2020 is just a fortnight away and expectations are already building up for what could be in store for the common man. Increase in personal income tax exemption threshold and deductions under 80C of Income-Tax Act are few. Find out more!
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NPS benefits: Save your money, get extra income tax exemptions from National Pension Scheme
Tue, Jan 14, 2020
NPS Benefits: Section 80C allows up to Rs 1.5 lakh income tax exemption in a financial year. If an income tax payer includes Section 80CCD (1B), this annual limit can be raised up to Rs 2 lakh.
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Income Tax: 3 deadlines you shouldn't miss this month
Mon, Jan 13, 2020
Income Tax: If you are a salaried employee and taxpayer, there are certain deadlines you need to keep in mind to ensure that you don't end up paying a hefty penalty. The Income-Tax department has already released a list of important dates which taxpayers should know for 2020.
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ITR filing Alert: Income Tax Department reverses change in tax filing; now do this to avoid hardship
Fri, Jan 10, 2020
ITR filing Alert: The Income Tax Department has reversed its decision to change ITR filing rules for some taxpayers. These may cause hardships, see if you are impacted and how.
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Income Tax alert! Department rolls back changes made in ITR Form
Thu, Jan 09, 2020
In a major development, Income Tax Department on Thursday rolled back changes made in ITR Form. The Central Board of Direct Taxes (CBDT) had notified income tax returns forms for the financial year (FY), which normally come in April, well in advance in January itself.
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PPF Alert! Top 5 personal finance basic details every Public Provident Fund account holder must know
Tue, Jan 07, 2020
PPF Alert: The most important change made in the recent Finance Ministry's notification in regard to PPF is lowering the interest rate on loan against PPF from 2 per cent to 1 per cent.
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