Grandfathering Pr.1-3 Cr By Age 50
Home >> Income Tax >> You are Here

TDS Calculator for Salaried and Pensioners FY 2018-19 (AY 19-20) & Calculates Income Tax for FY 2018-19 after Standard Deductions of Rs. 40000/-

The salaried class & any Pensioners can calculate here total of salary / pension income after standard deductions of Rs. 40000/- for FY 2018-19 (with Month wise details), Monthly TDS and and net taxable income for the year by adding other income Income, if any (like Interest, Rent from House Property etc.), and deducting the eligible deduction available under sections 80C, 80D, 80DD, 80E, 80G, 80GG, 24 etc. (like EPF / PF / Ins. Premium / ELSS / Mediclaim / Housing Loan interest.). You can also calculate your HRA Exemption & Chargeable for Income Tax.

Bank Pensioners Click Here for month-wise pension details and calculation of monthly TDS / Total Pension Income / Total Tax Liability after standard deductions of Rs. 40000/- for FY 2018-19

Tax Calculator for - Bank Employees / Officers with their Salary Structures - Click Here


Step to use Salary & Tax Calculator

  1. Enter Your monthly emoluments as on April 17. system will calculate for rest of the months (from Apr'17 to Mar'18)
  2. Enter Monthly contribution to EPF / PF / NPS from salary.
  3. Enter Annual Increase In Monthly Emoluments or Increment. In the next column select Month of such Increase or Increment allowed in your salary.
  4. Enter the amount - During the Year Increase in contribution to EPF / PF / NPS from your salary.
  5. Click Submit button to show your monthwise salary calculations with gross total of salary payable in FY 2018-19.
  6. To calculate your Income Tax Liability in FY 2018-19. You may enter Other Taxable Income (if any) (like Interest, Rent from House Property etc.) and Eligible deductions u/s 80C, 80D, 80DD, 80E, 80G, 80GG, 24 etc (like EPF / PF / Ins. Premium / ELSS / Mediclaim / H-Loan etc.). Then Press button "Calculate Tax / TDS". Instantly, Income Tax, Ecess and Total Tax Liability (Income Tax + Ecess) payable by you in FY 2018-19 with Monthly TDS 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 18-19 on reaching their superanuution, please select age above 60 and less 80 years for tax calculations).
  7. 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.

Salary / Tax calculator for FY 17-18

Please scroll down to see your calculations / to calculate HRA Exemption and Chargeable for Income and Tax

Calculate HRA Exemption & Chargeable for Income and Tax. 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 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.

Maxutils.com Contents Highlights

HomeContactPrivacy