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Home » Income Tax Calculator

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.

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Income Tax

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To facilitate easy updation of Aadhaar card, the Unique Identification Authority of India (UIDAI) has also opened new Aadhaar Seva Kendra (ASK) in seven cities in the country. 

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CBDT Launches One-Time Facility For Compounding Of Income Tax Offences

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Thu, Sep 12, 2019

CBDT Launches One-Time Facility For Compounding Of Income Tax Offences

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Best mutual funds to invest: Top 10 MF schemes that can save tax for you too!

Best mutual funds to invest: Top 10 MF schemes that can save tax for you too!

Tue, Sep 10, 2019

Best Mutual funds: Equity-Linked Savings Scheme or ELSS are a type of open-ended equity mutual fund.

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ELSS vs equity mutual funds: Find out which one is better suited for your investment portfolio

ELSS vs equity mutual funds: Find out which one is better suited for your investment portfolio

Wed, Sep 04, 2019

ELSS vs equity mutual funds: ELSS mutual fund is a category of equity funds where an investor is given income tax exemption benefit by the Income Tax Department under Section 80C.

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New income tax rules come into effect from today: Here is everything that's changed

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Sun, Sep 01, 2019

New income tax rules: As the Lok Sabha elections were held this year, the government was forced to present two budgets - an interim and the full union budget - the latter tabled in July. As a result, a number of changes proposed by the ruling Modi government will come into effect from September 1, 2019 i.e. today. 

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Income Tax Return Last Date FAKE NEWS goes viral! I-T Department blasts social media rumours

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Fri, Aug 30, 2019

Income Tax Return Last Date: The Income Tax Department has denied taking any decision in regard to giving an extension beyond the August 31st income tax return filing deadline.

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 Changes in income tax rules to be effective from September 1

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Fri, Aug 30, 2019

Know about the changes in income tax rules to be effective from September 1.

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Income, Investment and Tax: Your solution lies with ELSS Mutual Fund

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Fri, Aug 30, 2019

Income, Investment and Tax: ELSS mutual funds investments are tax exempted under Section 80C of the Income Tax Act, but you should know that income above Rs 1 lakh under this scheme attracts LTCG tax.

More >
Equity-linked saving scheme: ELSS mutual funds help you save income tax! You can save your money too, here is how

Equity-linked saving scheme: ELSS mutual funds help you save income tax! You can save your money too, here is how

Thu, Aug 29, 2019

Equity-linked saving scheme: August 31st deadline for income tax filing is a few days away and earning individuals are busy filing their income tax return (ITR). While the period to save taxes for last fiscal is over, you must move now for the current one to save your money.

More >
Income Tax Helpline: Paid more? Do this by August 31 to claim your income tax refund

Income Tax Helpline: Paid more? Do this by August 31 to claim your income tax refund

Wed, Aug 28, 2019

Income Tax Helpline: The deadline for ITR filing is fast approaching and hence it's advisable for the earning individuals to e-file their IT return and must e-verify it before submitting its IT return.

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Income Tax Return e-filing: How to e-verify IT return online; Step by step guide

Income Tax Return e-filing: How to e-verify IT return online; Step by step guide

Wed, Aug 28, 2019

Income Tax Return e-filing: Last date for income tax return filing is just a few days away and it's advisable for the income tax payers to e-file their I-T return.

More >
Income Tax Helpline: Top 5 tips to ensure taxman does not take more of your money, or slap Rs 10,000 penalty on you

Income Tax Helpline: Top 5 tips to ensure taxman does not take more of your money, or slap Rs 10,000 penalty on you

Tue, Aug 27, 2019

Income Tax Helpline: ITR filing last date is August 31st and missing the deadline would mean a hefty penalty of Rs 10,000 as well.

More >
Government's plan to end Tax terrorism

Government's plan to end Tax terrorism

Mon, Aug 26, 2019

What Government has planned to end Tax terrorism? watch to know more

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Income Tax Return: Is it mandatory to file ITR if your annual income is below Rs 5 lakh? Here is what experts say

Income Tax Return: Is it mandatory to file ITR if your annual income is below Rs 5 lakh? Here is what experts say

Mon, Aug 26, 2019

Last date to file your Income Tax Return (ITR) is August 31 and people who haven't filed their ITR have less than a week left to file their ITR.

More >
Income Tax returns: Free tax-filing platform launched! Gets 50,000 sign-ins

Income Tax returns: Free tax-filing platform launched! Gets 50,000 sign-ins

Fri, Aug 23, 2019

Income Tax returns: India's largest online marketplace for financial products Paisabazaar.com has announced that it has received nearly 50,000 registrations in August on its new income tax-filing platform, which is currently in beta phase. The platform had also launched an incentive campaign for tax filers, with lucky draw winners to be rewarded with 5 smart TVs, 100 Bluetooth headsets and mo

More >
Will small start-ups continue to get three-year tax HOLIDAY or not?

Will small start-ups continue to get three-year tax HOLIDAY or not?

Fri, Aug 23, 2019

Income Tax for Startups: There has been confusion on whether small start-ups with turnover up to Rs 25 crore will continue to get tax relief or not.

More >
World Senior Citizen Day 2019: Top 5 investments that will help you stay rich even after retirement

World Senior Citizen Day 2019: Top 5 investments that will help you stay rich even after retirement

Tue, Aug 20, 2019

Senior Citizen Day 2019: Most senior citizens have no earnings after retirement. The most important thing for a senior citizen is to maximize return on investment.

More >
Income Tax Reforms: Nirmala Sitharaman informs about Direct Tax Code Bill, simplification of direct tax on cards

Income Tax Reforms: Nirmala Sitharaman informs about Direct Tax Code Bill, simplification of direct tax on cards

Mon, Aug 19, 2019

Income Tax Reforms: The Akhilesh Ranjan Committee submitted its report to replace the existing Income Tax Act 1961 with a new Direct Tax regime. 

More >
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