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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

Budget 2022: 1% TDS on transfer of virtual assets above a threshold, gifts to be taxed, says FM Nirmala Sitharaman

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Stock market experts and Zee Business research team have come up with 5 stocks that you can buy before Union Budget 2022. In this video, we talk about why market experts are bullish on these picks and more.

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Budget 2022: How Income Tax Slabs Have Changed Since Independence

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Sun, Jan 23, 2022

Finance Minister Nirmala Sitharaman will be presenting Union Budget on February 1, 2022. The common man, especially the middle class, has been anticipating a change in the tax slab from the government. But do you know the journey of how income tax slabs changed in the past decades? Here are all the changes that income tax & its IT slab went through ever since India got independence.

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Budget 2022 Expectations: Income Tax benefits to increase disposable income?

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Fri, Jan 21, 2022

The government may consider incremental tax benefits to increase net disposable income of the citizens in order to boost demand when it tables the Union Budget FY23 in the Parliament on February 1.

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Income Tax: Explained - How stock market gains are taxed and how to declare them in your ITR Filing - Step by step guide from expert

Income Tax: Explained - How stock market gains are taxed and how to declare them in your ITR Filing - Step by step guide from expert

Fri, Jan 21, 2022

 "Under the income tax act 1961, the taxability of gains relied on factors like holding period and volume of transactions."

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Government informs source of income in Budget

Government informs source of income in Budget

Thu, Jan 20, 2022

The central government inform about sources of income in union budget every year. union government earn income from Custom duty, income tax, corporate tax, Loan, non tax revenue, excise duty and goods and service tax and others

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Budget 2022: Minimum Corporate Tax Presented by Rajiv Gandhi in 1987-88

Budget 2022: Minimum Corporate Tax Presented by Rajiv Gandhi in 1987-88

Thu, Jan 20, 2022

Former Prime minister Rajiv Gandhi presented Minimum Corporate tax in union budget in 1987-88 as finance minister. The governemt estimates 75 crores extra revenue income from this tax only. here you know why government implement this tax in year 1987-88

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E-Advance Rulings Scheme: Important development for taxpayers - Finance ministry notifies this

E-Advance Rulings Scheme: Important development for taxpayers - Finance ministry notifies this

Wed, Jan 19, 2022

The finance ministry has notified the 'e-advance rulings Scheme', enabling taxpayers to file their application for advance ruling through e-mail, a move that will majorly benefit non-resident assesses in such proceedings

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What Is Gift Tax And Who Introduced It?

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Mon, Jan 17, 2022

Gift Tax was introduced in 1958-59 by former prime minister Jawahar Lal Nehru. Nehru, who was also the finance minister at that time, presented the gift tax provision during the union budget presentation. Watch the full video to know why exactly this tax was introduced.

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Why Market Experts Are Bullish On These Stocks

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Share market experts and Zee Business research team together bring you these stocks to buy before Union Budget 2022. Market experts have recommended these stocks with targets and stop loss. Here's why experts are bullish on these stocks.

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Income Tax: Investing in stock market? Making money? Know how gains are taxed -  How to declare them in ITR filing - Guide

Income Tax: Investing in stock market? Making money? Know how gains are taxed - How to declare them in ITR filing - Guide

Wed, Jan 12, 2022

In FY 2021 the stock market was at all-time high and various investors might have booked their profits in the year.

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Budget 2022 Expectations: Key concessions in direct taxes, changes in REITs, InvstITs taxation and more

Budget 2022 Expectations: Key concessions in direct taxes, changes in REITs, InvstITs taxation and more

Wed, Jan 12, 2022

 HDFC Bank in its report titled - Fiscal Balance and Budget Expectations - has listed out some of the key 'asks' from the budget of different stakeholders.

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Income Tax News: Check full circular copy on due date extension of filing ITR and audit reports; know new deadlines

Income Tax News: Check full circular copy on due date extension of filing ITR and audit reports; know new deadlines

Wed, Jan 12, 2022

Income Tax News: The due date of furnishing of returns of income for the assessment year 2021-22 has now been extended to March 15, 2022.

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Quick Recharge! Pay electricity bills, fill Aadhaar, PAN card applications and more at RailWire kiosks soon

Quick Recharge! Pay electricity bills, fill Aadhaar, PAN card applications and more at RailWire kiosks soon

Thu, Jan 06, 2022

Rail passengers will soon be able to recharge their phones, pay electricity bills, fill Aadhaar and PAN card applications and even file taxes using the Common Service Center (CSC) kiosks, as per PTI report.

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Income Tax Return Filing: 46.11 lakh ITRs filed on 31 December 2021; 48% jump in last day filing over previous year

Income Tax Return Filing: 46.11 lakh ITRs filed on 31 December 2021; 48% jump in last day filing over previous year

Sun, Jan 02, 2022

As on 10 January, 2021 (the extended due date for ITRs for AY 2020-21), the total number of ITRs filed was 5.95 crore with 31.05 lakh ITRs filed on the last day on 10 January, 2021 as against over 46.11 lakh ITRs filed on the last day this year

More >
Income Tax Return Filing Due Date: No extension of ITR filing deadline, confirms government

Income Tax Return Filing Due Date: No extension of ITR filing deadline, confirms government

Fri, Dec 31, 2021

Revenue Secretary Tarun Bajaj said December 31, 2021, remains the official deadline for filing of income tax returns.

More >
Income Tax Returns: ITR filing due date ends today - Checklist is here to file with ease

Income Tax Returns: ITR filing due date ends today - Checklist is here to file with ease

Fri, Dec 31, 2021

Income Tax ITR filing due date: The story remains the same every year, people either face trouble or get stuck at the last minute while filing their Income Tax returns.

More >
 Income Tax Return Verification: What happens if ITR is not e-verified? Methods to e-verify and more

Income Tax Return Verification: What happens if ITR is not e-verified? Methods to e-verify and more

Thu, Dec 30, 2021

Alternatively, taxpayers can send a physical copy of the ITR filed to the Centralised Processing Centre (CPC) office in Bengaluru.

More >
Income Tax: I-T Department eases norms for personal hearing via video conference under faceless appeal scheme

Income Tax: I-T Department eases norms for personal hearing via video conference under faceless appeal scheme

Wed, Dec 29, 2021

The Central Board of Direct Taxes (CBDT) on December 28, notified the 'Faceless Appeal Scheme, 2021.

More >
Income Tax Return: Department allows one-time relaxation for verification of ITR e-filing

Income Tax Return: Department allows one-time relaxation for verification of ITR e-filing

Wed, Dec 29, 2021

The Central Board of Direct Taxes mentioned that large number of electronically filed ITRs for the Assessment Year 2020-21 still remain pending with the Income-tax Department for want of receipt of a valid ITR-V Form at CPC, Bengaluru or pending e-Verification from the taxpayers concerned.

More >
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