Mobile Nav

Market

TAX CALCULATOR

Assessment Year 2015-16
Name (*)
Assessee Type (*)
Age (*)
Residing City (*)
Items Actual
Gross Salary /Income (*)
Basic Salary (Basic + DA) (*)
Exemptions under section 10 & 17
Annual Rent Paid
Actual HRA Received (From Employer)
Conveyance Allowance
Medical Reimbursement
LTA Exemption
Children's Education Allowance Exemption
Vehicle Maintenance (petrol/maint. Bills) only if Conveyance Allowance not claimed
Other exemptions (gratuity, VRS, etc.)
Professional Tax
House/property income or loss (enter loss as negative)
Interest on housing loan (for tax exemption)
Income/Loss on Equity Shares & Equity Linked Mutual Funds (STT Paid)
Short Term Capital Gains, if holding period of shares is less than 1 year (Tax @15% p.a.)
Long Term Capital Gains, if holding period of shares is more than 1 year (NIL)
Other Income
Bank (Saving/FD/Rec)
N.S.C. (Accrued/Recd)
Post office M.I.S. (6 years)
Post office Recurring Deposit (5 years)
Term Deposit (1 to 5 years)
Saving Bonds (6 years)
Kisan Vikas Patra
Any Other Income
Deductions under Chapter VI (sec 80C) upto ₹1,50,000/-
NSC & NSS
Public Provident Fund
Employees Provident Fund & Voluntary PF
Pension scheme (sec 80CCC)
Children's Education (Upto RS 200/-)
Housing loan principal repayment
Insurance premium (After 1st April 12)
Infrastructure Bonds & others (MF, ULIP, FD, etc.)
FD for 5 years
Post office saving in 10/15 years
Tuition fees (Excluding donation, development fees upto Rs 24,000/-
Deduction Under 80CCG (Rajiv Gandhi Equity Saving Scheme)
Annual income is < ₹ 10 lakh can invest in this scheme up to ₹ 50,000 and get a deduction of 50% of the investment
Deductions under Chapter VI-A (sec 80D to 80U)
Medical Insurance Premium for self & family (sec 80D)
Medical Insurance Premium for parents (sec 80D)
Medical for handicapped dependents (Sec 80DD)
Medical for specified diseases (Sec 80DDB)
Deduction for permanent disability (80U)
Education Loan Interest Repayment (Sec 80E)
Donation to approved fund and charities (sec 80G)
(Contribution to exempt charities – 25/50/75/100% depending on the charity & 100% exemption on donation to political parties)
Deductions under (Sec. 80TTA)
(Interest earned on balance in savings bank account subject to a maximum of ₹ 10,000 per year.)
Deduction under 80RRB section in respect of any Income by way of Royalty of a Patent
Rent deduction (sec 80GG) only if HRA not received
Any other deductions
Interest on up to Rs 1.50 lac Housing Loans Section
(Excluding ₹ 1 lac p.a. u/s 80c Saving)
     
Attention Investors :
Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .......... Issued in the interest of investors
Attention Investors :
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day......................issued in the interest of investors.
Attention Investors :
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Attention Investors :
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.