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Income Tax Calculator for 2020-2021 (AY 2021-22)

Easy and fast calculation of Income Tax for Salaried and Pensioners.

by RS eSupport
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Description of Easy Tax Calculator:

Income Tax Calculator is a utility app that helps you calculate the payable tax for your income in no time. This app is a useful tool for Salaried employees as well as for the Pensioners.

The Income Tax Calculator will allow you to calculate your income tax for FY2018-19 (AY2019-20), FY2019-20 (AY2020-21) & FY2020-21 (AY2021-22).

Not only that, but the Easy Tax Calculator is also a useful tool where you can find Income Tax Slab Rates for Financial Year 2018-19, 2019-20, 2020-21 (The Assessment Year 2019-20, 2020-21, 2021-22 respectively).

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Besides you can find here a number of guidelines on how to file your Income Tax Return online in ITR Filing Guide section. There are various easy to follow guide on "How to register in e-filing portal for online submission of ITR", "How to login to the income tax portal", "How to choose ITR Forms", "How to e-Verify your Return" etc.






WHAT’S NEW


  • Compare OLD Tax vs NEW Tax regime
  • Income Tax calculator for FY 2020-21 (AY 2021-22)
  • Recall & update the saved calculation.
  • Save calculation in PDF also.
  • calculate for others and easily share with them.


Key Features of Income Tax Calculator App:

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» Fastest and quickest way to calculate your income tax easily.

» Calculate tax for your Income earned during Financial Year 2018-19, 2019-20 and 2020-21.

»Instantly find the difference of tax between opted for OLD Tax regime and NEW Tax regime.

» check each and every detail breakup of the calculated tax.

» can save calculation details in your device in PDF.

» can easily share the calculation with others.

» open any calculation in the app that has been previously saved.

» Enjoy the Standard Deduction.

» Enter amount fo availing deduction under section 80TTA and 80TTB for Employees and Pensioners respectively.

» Income Tax Slabs at a glance.

» How to Save Tax.

» Guide on Income Tax Return Filing Online.


Income tax calculation formula will consider the following parameters for deductions while calculating the Payable Tax:

√ Deduction under 16(iii).
√ Deduction under 80C.
√ Deduction under 80CCD(1B).
√ Deduction under 80D.
√ Deduction under 80EE.
√ Deduction under 80TTA.
√ Deduction under 80TTB.

Also Read
 How to calculate EMI | Home Loan EMI Calculator
How to Calculate the Commuted Value of Pension before Retirement

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