Some components of your salary are exempt from tax, such as medical reimbursements, telephone bills reimbursement.
Tagged with 2014-15, aY total english elementary workbook.pdf 2015-16.
Self occupiedRented 2, annual Lettable Value or Rent Received or Receivable (Zero, if Self occupied) 3, amount of Rent, which cannot be realized (Zero, if Self occupied) 4, taxes paid to Local Authorities (Zero, if Self occupied) 5, taxable amount of Rent Received / Realized.Changes in Budget 2014: We have incorporated the 3 changes that happened in Budget 2014 (presented on July 10, 2014).In keeping with trend of publishing the Income Tax Calculator every year, here is the Income Tax Calculator for FY 2014-15 AY 2015-16.Download Income Tax Calculator, you can download the Income Tax Calculator for FY 2014-15 AY 2015-16 from the link below. Total Taxable Income (G - H).It does not computes Capital Gains Tax.Income Tax Rates for taxpayers under 60 years of age in FY 2016-17, FY 2015-16, FY 2014-15 are below.Starting financial year 2015-16, limit of exemption on transport allowance is 1,600 per month or Rs 19,200 per annum.80CCD1 4 Total of Deductions u/s 80C, 80CCC and 80CCD(1) (Max.
30 5 Any other income included in Aggregate Income above and taxable at special rate Total Income Income Tax at Special Rate.
80D Health Insurance - Parents 9 Deductions under Sec.To calculate income tax, include income from all sources. TDS / TCS credit utilized and Advance Tax paid 1 Utilized amount of Tax Deducted at Source for the year 2 Utilized amount of Tax Collected at Source for the year 3 Advance Tax paid during the year 4 Self Assessment Tax paid.Quick Guide to Save Tax for FY 2014-15 (AY 2015-16).Include: Income from, salary (salary paid by your employer income from house property (add any rental income, or include interest paid on home loan).Calculation of gross taxable income in India.Income and Tax Calculator, click here to view relevant, act Rule.Income Tax, income Tax Calculator, income Tax Calculator 2014-15, income Tax Slabs.Earlier this limit was Rs 2 Lakhs for General Public and.5 Lakhs for Senior Citizens.
1.50 lakh) 5 Deductions under Sec.
Income from Other Sources 1, income - Taxable at Normal Rates 2 Winnings from Lottery, Puzzle, Crossword etc.