Marginal Relief Calculator
Tax Payer
Individual
Age
0 to 60 Yrs
60 to 80 Yrs
Above 80 Yrs
Income Above 50 Lakh or Not
Yes
No
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Detail Explanation (How to Calculate Marginal Relief)
Income Tax Calculation
E
Income Tax (As per Slab)
F
Surcharge
G
Tax Including Surcharge (E+F)
H
Education Cess on (G)
I
Total Tax (G+H)
Marginal Relief Calculation
Step 1
Tax on Total Income (Without Education Cess)
Step 2
Actual Surcharge Applicable
Total Tax with Surcharge (Step 1 + Step 2)
Step 3
Step 4
Step 5
Additional Tax on Additional Income (i.e. Step 2 - Step 3)
Step 7
Marginal Relief (Additional Income - Additional Tax)
Step 8
Surchage (Actual Surcharge - Marginal Relief) i.e Step 2 - Step 7
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