Main provision for Salaried employees is Chapter VIA of Income Tax Act provides much needed exemption for savings and expenses mainly made by Salaried employees.
This is the Login version of GConnect Income Tax Calculator for the Year 2015-16 (Assessment Year 2016-17) incorporating all the changes made in Budget 2015 as far as Income Tax is concerned. There is no need for entering all the values of income and deductions at the same time for calculating Income Tax in this version.
This is the instant version of the GConnect Income Tax Calculator tool. We would come up with Income Tax Calculator 2015-16 with save option soon. In the mean time use this tool to find out your Income Tax liability and plan for saving taxes in advance.
It has been warned by CBDT that a fake order extending the due date for filing the Income Tax return for the Assessment year 2015-16 is in circulation. Government has not extended the due date for filing of returns and audit report which are due by 30th September 2015
Finance Ministry has announced Tax Relief up to Rs.1 lakh for the expenses incurred for Differently Abled dependent
GConnect launches new online Income Tax Calculator for the Financial Year 2014-15 (Assessment Year 2015-16) – It is fully Responsive (capable of viewing in array of devices such as Mobile, Tablet, PCs etc with different Screen sizes) GConnect always endeavors to provide up to date personal Income Tax information and easy to use Income Tax Calculators from […]
PAN of House Owner for HRA Exemption against Rent paid in excess of Rs. 1 lakh – Practical Difficulties faced by the persons claiming HRA Exemption IT Exemption on HRA – As per Circular No.08/2013, a person assessed to income tax has to submit PAN of the house owner, if he/she intends to claim HRA Exemption […]
GConnect Instant Income Tax Calculator 2013-14 (Assessment year 2014-15) – No Login required to calculate your Income Tax
Income Tax 2013-14 – Assessment Year 2014-15 – Complete Guide to determine Income Tax for Salaried Class Employees
GConnect Income Tax Calculator 2013-14 – Assessment Year 2014-15 with Save Option