Enter Your monthly emoluments as on April 17. system will calculate for rest of the months (from Apr'17 to Mar'18)
Enter Your any other Misc. monthly income, if any.
Enter Monthly contribution to EPF / PF / NPS + (Tax saving Investment u/s 80C ( ELSS / Ins. Premium etc.). Insurance Premium Paid Yearly, Half yearly or quarterly - enter the amount by dividing 12,6,3 respectively.
Enter Annual Increase In Monthly Emoluments or Increment. In the next column select Month of such Increase or Increment allowed in your salary.
Enter the amount - During the Year Increase in contribution to EPF / PF / NPS / Ins. + Pr./Tax Saving Investment u/s 80C ElSS etc.
Click Submit button to show your monthwise salary calculations with gross total of salary payable in FY 2017-18.
To calculate your Income Tax Liability in FY 2017-18. Press button "Calculate Tax". Instantly, Income Tax, Ecess and Total Tax Liability (Income Tax + Ecess) payable by you in FY 2017-18 will be displayed on the basis of your of salary of your inputs and total salary calculated therein. (Any person retired or retiring in FY 17-18 on reaching their superanuution, please select age above 60 and less 80 years for tax calculations).
To calculate HRA exemptions and chargeable for income tax click the link provided hereunder to open the calculator for your calculation. Enter the desired details from the calculated figures + as regards to your rent paid etc. Please be advised that for claiming HRA exemption submission of Rent Reciept is mandatory. Click Here to generate / print Rent Reciept and know more what about it.
Please scroll down to see your calculations / to calculate HRA Exemption and Chargeable for Income and Tax
Total of salary - FY 2017-18
Select your Age For I/Tax Calculation FY 17-18 Retired / Retiring in FY 17-18 on Reaching 60 years - Select age 60-80
Tax
Ecess
Tax Payable
Click Here to calculate your Income Tax Liability with rebate and other income for FY 2017-18