1 Taxable Salary (Except a,b,c and d) a) Taxable House Rent Allowance 0 b) Taxable Conveyance Allowance 0 c) Taxable Children Education Allowance 0 d) Taxable Children Hostel Allowance 0 Taxable Perquisites 0 2 Less : Professional Tax 16(ii) 0 3 Less : Entertainment Allowance 16(iii) 0 4 Net Income From Salary 1-(2+3) Income from House Property Sec.24 5 Income from one self occupied house NIL 6 Less : (a) Interest paid on Home Loans Sec.24 7 Loss from self occupied house property 5-6 8 Income from Other Sources 9 Gross Total Income 4+7+8 10 Deduction Under Chapter VI A a) Investments / Payments in eligible avenues 80C / 80CCC 0 b) Payment towards Medical insurance 80D 0 c) Additional Interest on Loan against House Property 80EE 0 d) Any other deduction 0 11 Total Taxable Income ( TTI ) 9-10 12 Income Tax 13 Tax Rebate of Rs. 2000 (u/s 87A For TTI <= 5 lacs) 14 Add : Surcharge @10% (For TTI >= 1 Crore) 15 Add : Education Cess @ 3% 16 Total Tax Payable 12-13+14+15 Phone : 022-40557000 www.fastfacts.co.in Email: sales@thomsonreuters.com INCOME TAX CALCULATOR FINANCIAL YEAR 2013-2014 : ASSESSMENT YEAR 2014-15 0 0 0 0 0 0 0 0 0 0 0 Phone : 022-40557000 www.fastfacts.co.in Email: sales@thomsonreuters.com INCOME TAX CALCULATOR FINANCIAL YEAR 2013-2014 : ASSESSMENT YEAR 2014-15 Month HRA Received Rent Paid Metro Monthly Salary Tax Free Taxable April FALSE 0 0 May FALSE 0 0 June FALSE 0 0 July FALSE 0 0 August FALSE 0 0 September FALSE 0 0 October FALSE 0 0 November FALSE 0 0 December FALSE 0 0 January FALSE 0 0 February FALSE 0 0 March FALSE 0 0 TOTAL 0 0 0 0 0 TAX FREE 0 TAXABLE 0 YEARLY FALSE 0 0 TAX FREE 0 TAXABLE 0 YEARLY HRA CALCULATION -Select : Monthly/Yearly >>>> Month Amount Received Tax Free Taxable Month No.of Children Amount Received April 0 0 April May 0 0 May June 0 0 June July 0 0 July August 0 0 August September 0 0 September October 0 0 October November 0 0 November December 0 0 December January 0 0 January February 0 0 February March 0 0 March TOTAL 0 0 0 TOTAL 0 CHILDREN EDUCATION ALLOWANCE CONVEYANCE ALLOWANCE Tax Free Taxable 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CHILDREN EDUCATION ALLOWANCE MALE FEMALE From To Rate From To 0 200,000 0% 0 200,000 200,001 500,000 10% 200,001 500,000 500,001 1,000,000 20% 500,001 1,000,000 1,000,001 onwards 30% 1,000,001 onwards SENIOR CITIZEN (Above 60 yrs and below 80 yrs) SR.CITIZEN (Above 80 yrs) From To Rate From To 0 250,000 0% 0 500,000 250,001 500,000 10% 500,001 1,000,000 500,001 1,000,000 20% 1,000,001 onwards 1,000,001 onwards 30% Income Tax Slabs for F.Y. 2013-2014 ** Surcharge applicable @10% for Income more than 1 crore ** Tax Rebate of Rs. 2,000 (u/s 87A For Taxable Income less than 5 lacs) Phone : 022-40557000 www.fastfacts.co.in Email: sales@thomsonreuters.com Rate 0% 10% 20% 30% Rate 0% 20% 30% Income Tax Slabs for F.Y. 2013-2014 ** Surcharge applicable @10% for Income more than 1 crore ** Tax Rebate of Rs. 2,000 (u/s 87A For Taxable Income less than 5 lacs) Phone : 022-40557000 www.fastfacts.co.in Email: sales@thomsonreuters.com