Personal Income Tax Calculator

                    (For the Financial Year 1999-2000)

Income from Salaries

Basic Salary Taxable HRA Profession Tax Paid

Taxable Allowances

Taxable Perquisites

Others (Bonus Etc.)

Gross Salary

Less: Standard Deduction

Less : Profession Tax

Taxable Salary Income

Income from House Property

Taxable Income from house property

Income from other sources

Share dividend

Mutual Fund dividend

Income from S. 80 L investments (bank deposits, NSCs etc.)

Taxable other income

Tax free other income (PPF, RBI, relief bond etc.)



Taxable income from other sources

Gross Total Income (I + II + III)

Deductions from Gross Total Income

Gross Amount Amount allowable

Medical Insurance Premium

S. 80 L investment Income

Donations - 100% exemption

Donations - 50% exemption

Total Deductions

Taxable Income

Tax Payable

                                                             Tax Rebate

Amount  Contributed

Rebate Amount

Rebate u/s 88

Rebate u/s 88B

Senior Citizen (65 yrs or over)

Yes

No

Total Rebate Amount  

  Net Tax payable!