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Select : Male / Female / Senior Citizen >>>> MALE

Income from Salary


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

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