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TAX CALCULATOR (SALARIED PERSON)

MONTHLY SALARY -
0 ✘ YES -

10% OF MEDICAL ALLOWNACE


applicable only in terms of second
schedule part I clause 139(g)
-

ANNUAL SALARY -
TAX ******************
Annual Income Tax -

Where the taxable Income but does not TAXABLE TAX


SLAB To Rate Of Tax Addition REVERSE WORKING
Exceed exceed rupees AMOUNT PAYABLE

1 - 600,000 0.00% - - - -
2 600,000 TO 1,200,000 5.00% - - -
3 1,200,000 TO 1,800,000 10.00% 30,000 - - -
4 1,800,000 TO 2,500,000 15.00% 90,000 - - -
5 2,500,000 TO 3,500,000 17.50% 195,000 - - -
6 3,500,000 TO 5,000,000 20.00% 370,000 - - -
7 5,000,000 TO 8,000,000 22.50% 670,000 - - -
8 8,000,000 TO 12,000,000 25.00% 1,345,000 - - -
9 12,000,000 TO 30,000,000 27.50% 2,345,000 - - -
10 30,000,000 TO 50,000,000 30.00% 7,295,000 - - -
11 50,000,000 TO 75,000,000 32.50% 13,295,000 - - -
12 75,000,000 TO ### 35.00% 21,420,000 - - -
999,999,999,999,999

Tax Liability Annual 0 0


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0
CALCULATOR (INDIVIDUAL & AOP)

NET INCOME - Annual Final / Fixed Tax ******************


Annual Income Tax - PRESUMPTIVE INCOME AFTER TAX #VALUE!

Where the
but does not TAXABLE TAX PRESUMPTIVE
SLAB taxable Income To Rate Of Tax Addition
exceed rupees AMOUNT PAYABLE INCOME
Exceed

1 - 400,000 0.00% - - - -
2 400,000 TO 600,000 5.00% - - -
3 600,000 TO 1,200,000 10.00% 10,000 - - -
4 1,200,000 TO 2,400,000 15.00% 70,000 - - -
5 2,400,000 TO 3,000,000 20.00% 250,000 - - -
6 3,000,000 TO 4,000,000 25.00% 370,000 - - -
7 4,000,000 TO 6,000,000 30.00% 620,000 - - -
8 6,000,000 TO ### 35.00% 1,220,000 - - -
###

Tax Liability Annual 0 0


CALCULATOR

Property Income -
TAX
Annual Income Tax -

Where the taxable but does not exceed TAXABLE TAX


SLAB To Rate Of Tax Addition
Income Exceed rupees AMOUNT PAYABLE

1 - 200,000 0.00% - - -
2 200,000 TO 600,000 5.00% - - -
3 600,000 TO 1,000,000 10.00% 20,000 - -
4 1,000,000 TO 2,000,000 15.00% 60,000 - -
5 2,000,000 TO 4,000,000 20.00% 210,000 - -
6 4,000,000 TO 6,000,000 25.00% 610,000 - -
7 6,000,000 TO 8,000,000 30.00% 1,110,000 - -
8 8,000,000 TO 999,999,999,999,999 35.00% 1,710,000 - -
###

Tax Liability Annual 0


********************

REVERSE WORKING

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0
TAX ON GAIN ON IMMOVABALE PROPERTY
TAX YEAR 2020

FOR OPEN PLOT


PURCHASE PRICE - GAIN ON TRANSACTION -

SELLING PRICE - PERCENTAGE GAIN TAXABLE 100 %

HOLDING PERIOD - AMOUNT TAXABLE -

ATL STATUS ACTIVE TAX LIABILITY -

FOR CONSTRUCTED PROPERTY


PURCHASE PRICE - GAIN ON TRANSACTION -

SELLING PRICE - PERCENTAGE GAIN TAXABLE 100 %

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