HRA Calculation – How to Calculate HRA Tax Exemption

HRA Calculation – How to Calculate HRA Tax Exemption: There is a very common term called HRA, which stands for House rent allowance. In relation to rented residential accommodation occupied by the employee, the employee receives the House Rent Allowance from the employer. In general, an HRA is actually the amount that an employer pays … Read more

Cost Inflation Index Table 2022-23 Updates

New Cost Inflation Index Table:¬†Check here the latest cost inflation index table. Sr.No. Financial Year Cost Inflation Index 1 2001-02 100 2 2002-03 105 3 2003-04 109 4 2004-05 113 5 2005-06 117 6 2006-07 122 7 2007-08 129 8 2008-09 137 9 2009-10 148 10 2010-10 167 11 2011-12 184 12 2012-13 200 13 … Read more

Free Income Tax Ready Reckoner A.Y.2022-23 & A.Y.2021-22

Free Income Tax Ready Reckoner A.Y.2022-23 & A.Y.2021-22 Income Tax Rates – Individuals Income Tax Rates – Partnership Firms Income Tax Rates – Companies Capital Gains Tax Rates Cost Inflation Index List of Exemption Available in Computation of Capital Gains TDS Rates TCS Rates Depreciation Chart – Income Tax Act Interest Payable Chart – Income … Read more

Income Tax Calculator A.Y.2020-21, 2019-20 & 2018-19 [After Budget]

Income Tax Calculator for A.Y.2020-21, 2019-20 & 2018-19: This calculator is very quick to calculate income tax for assessment year 2020-21, 2019-20 & 2018-19. Just select assessment year, choose age and enter income. You can reset and recalculate income tax unlimited times. Income Tax Calculator Notes: Enter net income after deducting of all deductions like … Read more

NSC Accrued Interest Chart: Calculate NSC Interest Instantly

The rate of interest is 7.6% (7.8% on certificates issued during 1-7-2017 to 31-12-2017 7.9% on certificates issued during 1.4-2017 to 30-6-2017 8.0% on certificates issued during 1.-10-2016 to 31-3-2017 8.1% on certificates issued during 1-4-2016 to 30-9-2017 8.5% on certificates issued during F.Y.2013-14 to 2015-16 8.6% on certificates issued during F.Y.2012-13 8.4% on certificates … Read more

Deduction 80D Calculator AY 2018-19 – Calculate 80D Deduction in Seconds

Deduction 80D Calculator AY 2018-19 – Calculate 80D Deduction in Seconds. Ask if you have any query related to 80D deduction calculation. Important Points Related to Deduction 80D Calculator The medical insurance premium must not paid in cash. If you will paid medical insurance premium in cash then it will not be allowed to get … Read more

9 Easy Steps to Calculate Your Tax Liability

Here are 9 very easy steps to calculate your taxable income and income tax on taxable income. The persons who are confused to calculate their tax for A.Y. 2018-19 should read the following article to calculate your income tax very easily with step-by-step guide. If you have any doubt regarding the calculation of taxable income … Read more