Income Tax Calculator AY 2019-20
Simple calculator to find out your income tax from your gross income for the next financial year 2018-19.
There is no change in tax rates. Only change in Health & Educational Cess 4% instead of 3%. We assume in this calculator deduction of 1.5 lakh under Section 80C.
And enter the income from the salary after deduct the Standard deduction of 40000.
|Income Tax Calculation Details|
|Income from Salary (After Standard Deduction of Rs.40000)|
|Tax on Income|
|Tax on net Income|
|Educational Cess 4%|
|Total Tax Payable|
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