Income Tax Calculator Online

Steps for income tax calculation

If you are a novice at calculating taxes, our income tax calculator ensures that you become at least a little tax savvy with only a few clicks. The calculator is extremely simple to use and will show you your income tax and cess based on the information provided. Please note that this Indian income tax calculator is for the assessment year 2013 - 2014 only, and not for 2012 - 2013. The filing of income tax returns involves several steps and among the most important is of course the process of calculating the exact figure of your income tax. The tax you need to pay also determines the amount of investments you are required to make, in order to save on those taxes. Our income tax calculator therefore comes in handy throughout the year. You can now keep track of your Income Tax amount, thus knowing how to channelize your investments as optimally as possible.

2013-2014



Steps for income tax calculation

  • Select the field applicable to you, 'Individual' or 'HUF'

  • Choose among the alternatives of 'Female', 'Senior Citizen', 'Very Senior Citizen' and 'Other'

  • Enter the amount of your net income

  • Click on the 'Calculate' button

Follow these simple steps and your income tax calculation India is complete. The calculator will do the rest of the job and show you the income tax amount that you are obliged to pay. This amount also includes the details of education cess and secondary and higher education cess.