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

Income tax rules, slabs, forms for senior citizens and super senior citizens: Here's your complete guide
Mon, Jun 12, 2023
A resident Indian of 60 years of age or older is considered a senior citizen, and those of 80 years or above are considered as super senior citizens for the purpose of Income Tax Return (ITR) filing.
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Paisa Wasool 2.0: Filing Income Tax Return? Avoid I-T notice, penalty with these tips
Sat, Jun 10, 2023
The annual window to file income tax return (ITR) is now open. As the process of filing ITR accurately and within the stipulated deadline can be intimidating, especially for first-time filers, we have summarised the A-B-Cs of filing income tax return and tips you must follow to avoid hefty fines and notices.
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Paisa Wasool 2.0: How to pay ZERO income tax on rental income of Rs 10 lakh
Sun, May 28, 2023
It's tax-filing season and the time when we consult CAs and research ways to save every rupee from the taxman. So, if you're looking for ways to save tax, then here we show you how you can pay no tax for upto Rs 7.5 lakh income under the new tax regime. And if you only receive rental income, then watch this video to know how can pay zero tax even if you earn Rs 10 lakh from rent.
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Prepare to shell more for overseas trips: Credit card spend abroad to come under RBI's remittance scheme
Thu, May 18, 2023
As per the notification, the Finance Ministry in consultation with the RBI, has omitted Rule 7 of the Foreign Exchange Management (Current Account Transactions) Rules, 2000, thus effectively including forex spending through international credit cards under the LRS.
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Income Tax Department raids DMK MLA M.K. Mohan's residence
Mon, Apr 24, 2023
I-T Department raids are underway on Monday at the residence of DMK MLA M.K. Mohan, a close confidant of Tamil Nadu Chief Minister M.K. Stalin. Meanwhile, simultaneous raids are being carried out at the premises of a real estate company alleged to have links with the Chief Minister.
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ITR filing: Can you file ITR without Form 16? Read on to find out
Thu, Apr 13, 2023
How to file ITR without Form 16: The 26AS form provides details of any amount deducted as TDS or TCS from various sources of income for a taxpayer. It reflects advance tax and self-assessment tax details and high-value transactions entered into by the taxpayer.
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Income Tax: What happens if employee fails to pick between new and old tax regime? CBDT notification instructs employers how to deduct tax in such cases
Fri, Apr 07, 2023
Income Tax, Default Tax Regime: Employers will have to take ascent from their employees regarding their choice to opt for new tax regime or the old tax regime.
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