Income Tax Calculator AY 2021 -2022 – 2023 | Income Tax Calculator FY 2021 – 2022 – 2023 :
Income Tax Calculator is an Online tool which helps to find or predict how much income tax we are going to charge based on income source . Incometax calculator is one of the best tools in Financial Tools Category . The said incometax will be charged under various sections intended by different acts by Income Tx Department . There are different slab rates based of Source of Income and Amount of Income Generated in the AY or FY . There is no income charge for people who earn up to 4 lakh . More than 4 lakh will be considered as Taxable . As we know we can reduce incometax by using some Sections such as 80g / 80h / 80c and more .
There are different tools available in Internet to check Your Income Tax . Among them Incometax website tools are more power full and accurate . You can find incometaxindia Income and Tax Calculator tools @ https://www.incometaxindia.gov.in/pages/tools/income-tax-calculator.aspx and https://www.incometaxindia.gov.in/pages/tools/tax-calculator.aspx . Not only Incometaxindiaefiling But also different private & 3rd party services are offering Incometax tools . In them Cleartax , icicipru , Bajajfinserv are the top 3 place in google rankings . ( The Ranks are based on Google Page Search Results , When we search on Google for Incometaxcalculator we found the results in top 5 listings ) .
How To Calculate IncomeTax | Income Tax Calculator AY 2021 – 2022 / 2022 – 2023 :
As we already said there are different platforms to calculate Incometax Online . You can also use income tax Software Download option available in Incometaxindiaefiling.gov.in to download Microsoft Windows based Income Tax Calculator Excel Software & Java Based Applications . In our Previous Article we clearly explained how to download the Income tax Software either excel or java enabled application , go through the Previous Article to know how to download . But in all of them Incometaxindiaefiling Website tools are accurate and perfect . Most of the people use the same tools . Major Financial Institutions also use the tools to assume how much income tax will be charged for one person based on his income sources .
Generally there are different kind of people who always calculates their income and tax . In those government Employees , Teachers , Private Employees , Business Persons and more . Here in below we will explain how to use Income Tax calculator Tools provided by Incometax india Website . Please note that the tools are offered by Incometaxindia.gov.in website , You can use the tools by the below given links .
Calculate Incometax Using Income And Tax Tools @ Incometaxindia.gov.in :
- First open Income Tax India Website @ http://www.incometaxindia.gov.in
- After opening Incometaxindia website , At the home page – Choose Tax information And Services
- In the Tax Information and Services , Select incomeTax Calculator
- In IncomeTax calculator , you will have different calculators which are
- Income And Tax Calculator
- Deferred Tax Calculator
- Tax Calculator
- Advanced Tax calculator
- TDS Calculator
- The all tools are different variant in type and the tools are use full for different level people . For example advanced tools are very helpful to Charted Accountants , Tax Agencies .
- By choosing the right choice we will enter to the format .
- After opening the relevant format enter all your income details and expenditure , deductions and all info correctly to find out how much incometax is charged to the person .