Gross Income (CTC) Salary, Bonus, Allowances, Other income etc Input
Deductions u/s 80 C Investments in PF, PPF, Ins, ELSS, NPS etc Input
Deductions u/s 80 CCG Investments in RGESS (50% of First time Invest) Input
Total Deductions/Benefits
Income Tax Payee Type Male, Female, Sr. Citizen>60, Very Sr. Citizen>80 Input
250,000 250,000 0%
500,000 250,000 5%
10,00,000+ - 30%
Education Cess 3%
Tax Credit Upto Rs. 2500 if Taxable Income < Rs. 3.50 lakhs Output
Copyright@2017 - www.thewealthwisher.com
Note: This is as per proposal presented during annual budget for FY 2017-18.
You are requested to consult your Tax Advisor before taking decision based on this calcu
-19)
Amount in Rs.
1,200,000
99,000
34,200
2,500
1,064,300
150,000
25,000
50,000
25,000
20,000
15,000
10,000
200,000
495,000
569,300
Tax Amount
Male
12,500
13,860
26,360
-
-
26,360
791
27,151
27,151
100,000
2,263
2.26%
Metro
450,000
144,000
144,000
99,000
144,000
225,000
99,000