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Refer the details available in MyPay --> MyInvestments --> Income Tax Computation Method screen to

update the below values.


Particulars
Gross Salary (Excluding FBP value of Food Card / LTA / NPS 80CCD[2])
FBP - Food Card
FBP - Leave Travel Allowance (LTA)
National Pension Scheme 80CCD[2] - Processed Value
Perquisites (RSU / Gift / Others)
Other Income
Basic Salary
House Rent Allowance (HRA)
Professional Tax
Provident Fund Contribution
come Tax Computation Method screen to
es.
Estimated Amount (in INR)
5/27/2024
INCOME TAX CALCULATOR FOR THE FY:- 202
*** You can choose any regime. ***
-> Please enter your planned Investment / deduction values in the White cells of Column C to simulate the tax for Regimes
-> This is only an estimation based on the details provided.
Particulars
Gross Salary
Less :-
Professional Tax (Restricted to Rs. 2,500/-)
Standard Deduction
HRA Exemption
Annual Basic
Annual HRA
Metro / Non Metro
Annual Rent
HRA Exemption to be considered
House Property
Loss on House Property (Restricted to Rs. 2,00,000/-)
80EE (Restricted to Rs. 50,000/-)
80EEA (Restricted to Rs. 1,50,000/-)
Higher Education Loan
Deductions from Income Sec 80C
Provident Fund (PF)
Voluntary Provident Fund (VPF)
Public Provident Fund (PPF)
Sukhanya Samriddhi Account (SSA)
National Savings Certificate (NSC)
Accrued Interest on NSC (NSCAI)
Life Insurance Corporation (LIC)
Unit Linked Insurance Policy (ULIP)
Tuition Fee
Mutual Fund
Pension Fund
Fixed Deposit
Housing Loan - Principal Repayment / Stamp Duty / Registration fees
Total Section 80C (Restricted to Rs. 1,50,000/-)
Deductions from Income Chapter VI A
Section 80D - Medical Premium & Medical Expenditure (Restricted to Rs. 75,000/-)
Section 80U - Maintenance of Physically-challenged Dependent (Restricted to Rs. 1,25,000/-)
Section 80DDB - Deduction in respect of certain Medical treatment (Restricted to Rs. 1,00,000/-)
Total Chapter VI A
Deductions from NPS under section 80CCD(1B) (Restricted to Rs. 50,000/-)
Deductions from NPS under section 80CCD(2)
Total Income (Rounded off to nearest one)
Tax on Total Income
Deductions from Tax Sec 87A
Marignal Relief on Income Tax
Net Tax
Surcharge
Marginal Relief on Surcharge
Health & Education Cess
Total Income Tax (Rounded off to nearest one)
CULATOR FOR THE FY:- 2024 - 25

e the tax for Regimes

Old Regime (With Exemptions) New Regime (Without Exemption)


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