Tax Calculation

How Much Can You Save On Your Taxes By Investing?

Applicability: FY 2018-2019; AY 2019-2020
Using the Tax Savings Calculator: Key in all the existing financial information to know your approximate existing tax amount, and the possible tax savings that could be done by investing in securities, and opting for suitable insurance schemes

Basic Information

Your Age

Yr(s) *please enter your age

Your Gender

Your Tax-Payer Status

Annual Salary

*Enter your correct salary (or) business income

Annual Business Income

Annual Rental Income

Other Income

Savings Account Interest (Deduction Up to 10,000 U/S 80TTA)

Other Interest Income

Calculation of Deductions U/Sections 80C, 80CCC, 80D

80C:Life Insurance Premium Payment

80C:Your Contribution to PF

80C:PPF (Public Provident Fund) or SSAS

80C:Equity Tax Saving Mutual Funds - ELSS

80C:NSC / NSS / SCSS Deposits

80C:Post Office/Tax Saving Bonds Investments

80C:Housing Loan Principal Repayment

80C:Tax Saving Fixed Deposit (for 5 yrs. or more)

80C:Stamp Duty/Registration Charges for House

80C:Children Tution Fees / Other Eligible Investments

80CCC:Pension Fund / Annuity Plan of LIC

80D:Medical Insurance Premium For Self, Spouse, Dependant Children

80D:Medical Insurance Premium For Dependant Parents Below 60 Years

80D:Medical Insurance Premium For Dependant Parents Above 60 Years and Below 80 Years

80D:Do You Have Dependant Uninsured Parents Above 80 Years