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Income Tax Calculator FY 2015 16
Income Tax Calculator FY 2015 16
Particulars
Gross Income (CTC)
HRA Exemptions u/s 10 A
Other Exemptions u/s 10 A
Professional Tax
Net Income under Salaries
Deductions u/s 80 C
Deductions u/s 80 CCG
Deductions u/s 80 CCD
Deductions u/s 80 D
Deductions u/s 80 G
Deductions u/s 80 E
Deductions u/s 80 TTA
Tax Benefit u/s 24
Total Deductions/Benefits
Taxable Income
Tax Slab
Income Tax Payee Type
250,000
500,000
1,000,000
10,00,000+
Tax on Total Income
Surcharge
Input
420,390
Input
40,200
Input
20,100
Professional Tax
Input
2,196
Output
357,894
Input
36,239
Input
Input
Input
Input
Input
Input
Input
36,239
Output
Slab Income
Tax Rate
321,655
Tax Amount
Input
250,000
0%
71,655
10%
Male
7,166
20%
30%
Output
12% on Tax if Income > Rs 1 Crore
12%
7,166
-
Output
7,166
3%
215
Output
7,380
Output
2,000
Output
5,380
Gross Income/12
Output
35,033
Tax Liability/12
Output
448
Output
1.28%
Input
Metro
95,100
Input
57,060
Input
90,000
ll be HRA Exemption
47,550
HRA Receieved
Output
57,060
Output
47,550
Output
80,490
670
1005
12
12
8040
12060
20100