Income Tax Calculator(FY-2024-2025)

This calculator helps you estimate your income tax by simply selecting your age, income, and deductions. Based on this information, it calculates your tax liability, making it easier to plan your taxes and manage your finances.

SIP Calculator - Calculate Systematic Investment Plan returns

What is your age?

Income

Income From Salary Total income from salary, including Basic Pay and DA

HRA Received House Rent Allowance (HRA) amount

Total Rent Paid (p.a.) Total annual rent paid for your accommodation.

Select City Type for HRA Calculation:

Exempt Allowances LTA and any Other Exemptions.

Other Income Any additional income such as dividends, or freelance earnings.

Deduction

Total Professional Tax Total Professional Tax (PTax) paid during the financial year.

Basic Deductions - 80C Amounts invested in tax-saving instruments like PPF, ELSS, LIC, etc.

Medical Insurance - 80D Amount paid as pedical premium & preventive health checkup fees.

Employee NPS Contribution - 80CCD Includes contribution to NPS.

Interest from Savings Account - 80TTA Interest earned on your savings account.

Interest on Home Loan - Self Occupied Interest paid on home loan taken for self-occupied.

Interest on Home Loan - Let Out Interest paid on home loan taken for rented or let-out.

Interest on Educational Loan - 80E Interest paid on loan taken for higher education.

Donations - 80G Amount paid as donation to certain relief funds and charitable institutions.

Interest on Housing Loan - 80EEA Interest paid on your home loan for a residential property.

Total Tax

Total Income

0

Total Deduction

75,000

Total Taxable income

0

Total Tax

Total Income

0

Total Deduction

0

Total Taxable income

0