Vous êtes sur la page 1sur 11

tax clculator

Income Tax Calculator for FY 2018-19 (AY 2019-20)

Name Rajendra Balkrishna Sabn
PAN Number AHYPS3794G

Birth date
Gross Annual Income/Salary (with all allowances)
Less: Allowances exempt u/s 10(for Service Period)
(I) H.R.A. exemption
City of Residence Non-Metro
Basic Salary (Basic+DA) 0
Rent Paid 0
H.R.A received 0
(II) Standard Deduction for Salaried & Pensioner (Rs 40,000) Budget 2018 40,000
(iii) Any Other Exempted Receipts/ allowances 0
(iv) Professional Tax 0
Income under the head salaries
Add: Any other income from other sources
1. Interest received from following Investments
a. Bank ( Saving /FD /Rec ) 0
b. N.S.C.(accrued/ Recd ) 0
c. Post Ofice M.I.S (6 yrs.) 0
d. Post Office Recring Deposit (5 yrs.) 0
2. Any Other Income 0
3. Any Other Income 0
Less: Exemption on Home Loan Interest (Sec 24)
Loss from house property (Section 24) 0
Interest paid on Home Improvement Loan (max 30,000) 0
Gross Total Income
Less: Deduction under Sec 80C (Max Rs.1,50,000/-)
A. EPF & VPF Contribution 0
B. Public Provident Fund (PPF) 100,000
C. Senior Citizen’s Saving Scheme (SCSS) 0
D. N.S.C (Investment + accrued Interest before Maturity Year) 0
E. Tax Saving Fixed Deposit (5 Years and above) 0
F. Tax Savings Bonds 0
G. E.L.S.S (Tax Saving Mutual Fund) 0
H. Life Insurance Premiums 0
I. New Pension Scheme (NPS) (u/s 80CCC) 0

Page 1
tax clculator

J. Pension Plan from Insurance Companies/Mutual Funds (u/s 80CCC) 0

K. 80 CCD Central Govt. Employees Pension Plan (u/s 80CCD) 0
L. Housing. Loan (Principal Repayment) 0
M. Sukanya Samriddhi Account
N. Stamp Duty & Registration Charges 0
O. Tuition fees for 2 children 0
Less: Additional Deduction under Sec 80CCD NPS (Max Rs 50,000/-) 0
Less: Deduction under chapter VI A
A. 80 D Medical Insurance premiums (for Self ) 30,000
B. 80 D Medical Insurance premiums (for Parents) 0
C. 80 E Int Paid on Education Loan 0
D. 80 DD Medical Treatment of handicapped Dependent 0
E. 80DDB Expenditure on Selected Medical Treatment for self/ dependent 0
F. 80G, 80GGA, 80GGC Donation to approved funds 0
G. 80GG For Rent in case of NO HRA Component (Budget 2016) 0
H. 80U For Physically Disable Assesse 0
I. 80TTA (Rs 50,000 for Senior Citizens & Rs 10,000 for others) (Budget 2018) 0
Total Income
Tax Rebate of Rs. 2,500 (For Income of less than 3.5 lakhs)
Total Tax Payable
Tax Surcharge @ 10% (For Income of more than 50 Lakhs) (Budget 2017)
Add; Edn Cess + Health Cess @ 4%
Net Tax Payable
Advance Tax Paid
Tax Remianing to be Paid
Tax to Total Income Ratio

In case of any queries or doubts please mail at - apnaplan.com@gmail.com

Terms of Usage: I encourage you to share this Income Tax Calculator for benefit of your friends and family. The usage is res
to non commercial use only.

Disclaimer: All care has been taken to keep the information upto date and correct and is for educational purpose only. You a
encouraged to consult your Tax Advisor before taking any decesion based on this calculator.

Page 2
tax clculator

AY 2019-20) For any Queries write to -


Rajendra Balkrishna Sabnis


1-Nov-59 Fill up only the Orange Cells

For Income Tax purpose - only Delhi, Mumbai, Chennai &
0 Kolkatta are considered as metro cities. Noida, Gurgaon etc
are Non-metro cities.
You can take Tax Benefit on both HRA & Home Loan.
0 In case of any queries Click here.
40,000 How Standard Deduction would lower tax outgo for Salaried
0 and Pensioners?
0 0

The maximum exemption on Home Loan

0 interest is Rs. 2 lakhs irrespective of it being
0 Letout or Self-Occupied [in Budget 2017]
100,000 -100,000

Click here to
Choose the best investment under 80C.

Click here to choose the Best Tax Saving Fixed

Deposit rates from banks

Click here to choose the Best Tax Saving

Mutual Funds (ELSS)
Page 3
tax clculator
Click here to choose the Best Tax Saving
Mutual Funds (ELSS)

Click Here to know about

Sukanya Samriddhi Account

0 Read more about Tax benefit on NPS

30,000 Click Here in case of any doubt on Medical
Insuance Tax Exemption
Click Here in case of any doubt on Education
0 Loan Tax Exemption
Section 80TTB: How Senior Citizens can Save Tax on their Interest
0 Income?
-170,000 Tax Rebate u/s 87A has been reduced to Rs 2,500 from Rs 5,000 in
-2,500 Budget for people with income less than Rs 3.5 Lakhs
Income here means Gross Income - Chapter VI Deduction
0 Click for more details
Want to Save more taxes?
0 Click here to Download a simple presentation on Tax Saving!


ends and family. The usage is restricted

r educational purpose only. You are


Page 4
tax clculator

umbai, Chennai &

Noida, Gurgaon etc

& Home Loan.


x outgo for Salaried

Page 5
tax clculator

s can Save Tax on their Interest


ced to Rs 2,500 from Rs 5,000 in

me less than Rs 3.5 Lakhs
me - Chapter VI Deduction
re details

more taxes?
e presentation on Tax Saving!

Page 6
tax clculator

Page 7
tax clculator

Page 8
Authored by Lakhotia,
a very renowned tax
consultant and is
regular on CNBC Awaaz
“Tax Guru” Program.
Good book to
understand your taxes!

As the name suggests, Book by P V

it’s a book on
retirement planning Subramanyam a C
and M Pattabiraman
written by P V prof & a regular
Subramanyam a CA blogger
and regular blogger
Blogs at
Blogs at Subramoney.com
Subramoney.com freefincal.com

One of the world’s Best Clicking on Books

Sellers in Personal take you to Amazon.
Finance and one of the
earliest books I read. can buy these boo
Good book but not
everything relevant for
Indian Audience
Authored by Manoj
Arora, an engineer by
profession, is a gold
medalist from Aligarh
Muslim University
Both the books have
been authored by
Manish who an avid
blogger and features
on PLAN F program of

Blogs at

Book by P V
Subramanyam a CA
and M Pattabiraman IIT Authored by Hemant,
prof & a regular who is Certified
blogger Financial Planner and
regular blogger
Blogs at
Subramoney.com & Blogs at Tflguide.com

Clicking on Books Image would

ake you to Amazon.in where you
can buy these books online.