Age
Basic Salary (P.A) (₹)
Dearness Allowance (P.A) (₹)
HRA Received (P.A)(₹)
Total Rent Paid (P.A)(₹)
LTA Amount(₹)
Income from Interest(₹)
Rental Income Received(₹)
Income from Digital Assets (₹)
Other Income (₹)
Exempt Allowances (₹)
Interest on Home Loan- Let Out (₹)
Basic Deductions - 80C (₹)
Interest on Educational Loan - 80E (₹)
Employee's contribution to NPS - 80CCD (₹)
Interest from Deposits - 80TTA (₹)
Donations to Charity - 80G (₹)
Interest on Housing Loan - 80EEA (₹)
An Income Tax Calculator is a tool used to estimate the amount of income tax an individual or entity is liable to pay based on their taxable income, deductions, exemptions, and other relevant factors. Here's a description of how an income tax calculator typically works.