Income Tax Calculator For AY 2017-18 Firstly, you have to select the year in the Online Income Tax Calculator for AY 2017-.
You have to select the gender male/ female and senior citizen/ super senior citizens.Assistant Prof TT, Southwest, Public University, 58K, 9 month contract summer teaching extra.What is Assessment Year AY?Deduction in the case of persons with disabilities is 80U.Total Taxable Income: It is the income that is liable to tax.Note: Senior Citizen: Between 60-80 years.Contribution toward NPF, employees / Self-employed contribution toward NPS (up to 10) (u/s 80CCD).Income TaxSurchargeEducation CessSecondary and higher education cess Total Tax Liability.
So, we have provided the Income Tax calculator for Assessment year 2018-19.
Note: The above Income Tax rates have been proposed in the Union Budget for FY 2014-15 presented by the NDA government.
It is mandatory to select the type of Taxpayers when you calculate taxable Income.
Net Annual Value (1-(23).Generally, the Income tax is calculated as a product of Tax Rate times taxable Income.It is a period of 12 months which harry potter ebook deutsch starts from 01 April ends on 31st March every year.Edit, assistant Prof TT, Northeast, Public University, 57K (negotiated from 53K 9 month contract 3/3, optional summer teaching, 1500 start up, GRA for 2 years, female.80CCF is on Long Term Infrastructure Bonds.