ecostattheader

Income Tax Calculator for 2022-23

For Saving and Retrieving the Data, Login and Continue

Basic Details

Select The Category

Choose The Income Tax Slab

For most of the employees, selecting the 'OLD Regime' might be more beneficial.
Select 'NEW Regime' only if you have no deductions and a gross income greater than 5 lakhs.

Salary Details

Enter the Gross Salary / Pension for each month:

(includes Basic Pay, DA, HRA, CCA, Interim Relief, OT Allowance, Deputation Allowance, Medical Allowance, etc.)

March - 2022
April - 2022
May - 2022
June - 2022
July - 2022
August - 2022
September - 2022
October - 2022
November - 2022
December - 2022
January - 2023
February - 2023

Arrear Details and Others:

DA Arrears
Pay Revision Arrears
Any Other Arrears
Leave Surrender
Festival Allowance / Bonus / Ex-gratia and Incentive
Any Other Income

Deduct HRA - if you are paying Rent

(if you are not paying rent, keep this as blank)

Total Rent paid for the financial year
Actual HRA received during the year
Total salary received during the year (Basic pay + DA only)

Deduction Details

1. Conveyance Allowance
2. Professional Tax Paid
3. Housing Loan Interest - Max : Rs. 2 Lakh (Additional Rs. 1.5 Lakh under Section 80EEA)
4. Mediclaim (maximum of Rs. 25,000 / 50,000 + parents Rs. 25,000 / 50,000)
5. Medical treatment of mentally or physically handicapped dependents (Max : Rs. 1.25 Lakh)
6. Medical treatment for specified deseases (Max : Rs. 1 Lakh)
7. Interest paid for Education Loan taken for higher education (Max : No Limit)
8. Donation to various charitable and other funds including PM's National Relief Fund (Max : No Limit)
9. Contribution made to political party / electoral trust (Max : No Limit)
10. Deduction for person with disability (Max: Rs. 75,000; if disability over 80% Rs. 1.25 lakh)
11. Subscription to long term infrastructure Bonds u/s. 80CCF (Max: Rs. 20,000/-)
12. Remaining Contribution to NPS (Max: Rs. 50,000/-)
13. Interest paid for Electric Vehicle Loan (Max : Rs. 1.5 Lakh)
14. Any Other

Deductions under 80C, 80CCC, 80CCD (Max : Rs. 1.5 Lakh)

1. Life Insurance premia of self, spouse or children
2. Purchase of NSC VIII issue
3. Contribution to GPF (Subscription, DA Arrear, Pay Revision Arrear, etc.)
4. Contribution to SLI, GIS, FBS, GPAIS, etc. (Total)
5. Term deposit with Scheduled Bank for a fixed period of not less than 5 years
6. Purchase of tax saving units of Mutual Fund or UTI
7. Tution fees for full-time education to any 2 children
8. Housing Loan Repayment (Principal) and Stamp duty paid for purchase of property
9. Subscription to equity shares or debentures of an eligible issue
10. Contribution to PPF account of Self, Spouse or Children
11. Subscription of Infrastructure Bonds of NABARD
12. Deposit under Seniour Citizen Saving Scheme
13. Five year Time Deposit in Post Office
14. Contribution to NPS (Max : 10% of Basic + DA)
15. Payment to Annuity Plan of Pension fund like LIC
16. Any Other

Tax deducted from salary

Amount of Tax already deducted from salary