Income Tax Calculator for F.Y 2019-20  & A.Y. 2020-21



Financial plan 2019 has rolled out certain improvements to Income charge for an individual – the feature being full expense discount for people procuring underneath Rs 5 Lakhs. There have been no adjustments in the salary charge piece. We feature the progressions and give you the new expense mini-computer for F.Y 2019-20 and A.Y. 202-2021 Changes in Income Tax Rules: 1         Rebate under Section 87A changed from Rs 2,500 to Rs 12,500 or 100% of salary charge (whichever is lower) for people with pay beneath Rs 5 Lakhs (From Rs 3.5 Lakhs) 2         Standard Deduction raised for Salaried and Pensioners from Rs 40,000 to Rs 50,000  3         In the instance of 2 house, charge on notional lease not material on the second house and can be appeared self-involved 4         TDS edge for bank/post office/co-usable society stores – raised to Rs. 40,000 every year from 10,000 every year.




DOWNLOAD AUTOMATED INCOME TAX CALCULATOR FOR THE FINANCIAL YEAR 2019-20 AND ASSESSMENT YEAR 20120-21 WITH ALL AMENDMENT BY THE FINANCE BUDGET 2019

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