Additional 1.5 lacs deduction available u/s 80EEA on home loan interest subject to following conditions:Ī) The loan must be taken between April 1, 2019, and Maī) The value of house property must not exceed Rs 45 lakh, andĬ) Individual should not own any house on the date of sanctioning of the loan.Additional 1.5 lacs deduction available u/s 80EEA on home loan interest subject to the following conditions:Ī) The loan must be taken between April 1, 2019, and Maī) The value of house property must not exceed Rs 45 lakh andĬ) Individuals should not own any house on the date of sanctioning of the loan.Ĭhanges in FY 2019-20 (Budget July 2019):.If individuals don’t take exemptions and deductions, they would be taxed at reduced tax rates. Optional new tax regime – No change in the existing tax slab rates, but a new tax regime has been proposed.Income Tax Calculator for Financial Year 2008-2009 (71.5 KiB, 27,960 hits) Income Tax Calculator for Financial Year 2009-2010 (72.0 KiB, 70,765 hits) Income Tax Calculator for Financial Year 2010-2011 (97.5 KiB, 162,045 hits) Income Tax Calculator for financial year 2011-12 (116.0 KiB, 198,225 hits) Income Tax Calculator for financial year 2012-13 (119.0 KiB, 94,155 hits) Income Tax Calculator for financial year 2013-14 (130.5 KiB, 59,195 hits) Income Tax Calculator for financial year 2014-15 (136.0 KiB, 84,339 hits) Income Tax Calculator for financial year 2015-16 (263.0 KiB, 54,222 hits) Income Tax Calculator for financial year 2016-17 (136.5 KiB, 40,326 hits) Income Tax Calculator for financial year 2017-18 (117.5 KiB, 46,273 hits) Income Tax Calculator for financial year 2018-19 (125.0 KiB, 73,974 hits) Income Tax Calculator for financial year 2019-20 (125.0 KiB, 57,043 hits)
Income Tax Calculator for financial year 2020-21 (141.5 KiB, 23,715 hits)
Income Tax Calculator for financial year 2021-22 (147.5 KiB, 9,832 hits)
Income Tax Calculator for financial year 2022-23 (148.5 KiB, 9,612 hits) Income Tax Calculator for financial year 2023-24 (147.5 KiB, 2,620 hits) Any person who has some basic knowledge of Microsoft Excel can use this tool easily. Please download the income tax calculator from the links provided below on the basis of the required financial year/assessment year. For a resident individual of 60 years or above (Senior Citizens)įor a resident individual of 80 years or above (Very Senior Citizens)
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