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.
Fri, Aug 14, 2020
All the salaried classes are required to file Income Tax Return (ITR) every year. The government has exempted those earning between Rs 2.5 lakh and 5 lakh but others are expected to file their income tax returns under the given deadline. Watch how government is taking steps to control tax evasion.
Fri, Aug 14, 2020
All the salaried classes are required to file Income Tax Return (ITR) every year. The government has exempted those earning between Rs 2.5 lakh and 5 lakh but others are expected to file their income tax returns under the given deadline.
Thu, Aug 13, 2020
The Central Board of Direct Taxes (CBDT) has confirmed that the income tax surveys to collect information for scrutiny assessment will be undertaken only by the investigation wing and the tax deducted at source (TDS) directorate with effect from Thursday.
Experts explain: How new transparent taxation platform will help taxpayers and should you expect more?
Thu, Aug 13, 2020
Prime Minister Narendra Modi on Thursday launched a new the `transparent taxation` platform to further digitise the Income Tax Department’s functioning. It aims to bring into effect faceless assessment of taxpayers, faceless appeals and the Rights` Charter for the taxpayers.
Mon, Aug 10, 2020
In May, the government amended Income Tax rules to state that Indian authorities would "endeavour" to resolve disputes under MAP within a timeframe of 24 months, a move aimed at speedy settlement of cases of MNCs which have opted the alternative dispute resolution process.
Gold selling alert! Want to get cash from your yellow metal? Must know this important fact to avoid losses
Wed, Aug 05, 2020
Income Tax alert! CBDT Chairman writes to Principal Chief Commissioners - Check important instructions of the letter
Sun, Aug 02, 2020
Fri, Jul 31, 2020
An important update for all tax payers. The income tax department has extended the due dates for filing the TDS/TCS related compliance. See the nature of compliance and the new due dates notified by the department on 24 June 2020
Thu, Jul 30, 2020
In what comes as a good news for the income taxpayers, the Central Board of Direct Taxes (CBDT) has extended the last date for filing belated Income Tax Return (ITR) for the financial year 2018-19 (AY2019-20). The date has been extended from July 31 to September 30, 2020.
Tue, Jul 28, 2020
Buying a house is always a big event in India. People seem to be obsessed with buying property and mostly, home loan comes to their rescue. It gives you the comfort of repaying the amount over a longer period. A lot of people own more than one house.
Thu, Jul 23, 2020
Filing Income Tax Return or ITR is one of the most important financial responsibilities for people with income above Rs 2.5 lakh. The government keeps making changing to the ITR filing process, making the task easier for taxpayers.