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
Wealth tax, STT, CTT disputes kept out of Vivad Se Vishwas scheme
Fri, Mar 06, 2020
Disputes relating to wealth, securities transaction, commodity transaction taxes and equalisation levy will not be covered under 'Vivad Se Vishwas' amnesty scheme, Income Tax department has clarified that the declarant has to deposit the disputed tax amount within 15 days.
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Aadhaar-PAN link Alert! Do this before last date or your card will be cancelled; massive penalty slapped on you
Tue, Mar 03, 2020
The Aadhaar-PAN linking circular released on February 13 says that any taxpayer who was issued a permanent account number as on the 1st day of July, 2017 is required to link it with the Aadhaar card, as per rule 114AA of the income tax.
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IMPORTANT! CBDT clarification against Income Tax misinformation - Top things to know
Thu, Feb 13, 2020
The Income Tax department through its Twitter handle @IncomeTaxIndia has posted about a clarification issued by CBDT with respect to certain misinformation which is being circulated in social media pertaining to individual tax filers.
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Income Tax Calculator: NPS scheme can help you save income tax up to Rs 2 lakh; here is how
Thu, Feb 13, 2020
Income Tax Calculator: 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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