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Anticipatory Income Tax Calculator for 2024-25

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Basic Details

Select The Category

Choose The Income Tax Slab

Income Details

Enter the Gross Salary / Pension for each month:

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

March - 2024
April - 2024
May - 2024
June - 2024
July - 2024
August - 2024
September - 2024
October - 2024
November - 2024
December - 2024
January - 2025
February - 2025

Arrear Details and Others:

DA Arrears
Pay Revision Arrears
Any Other Arrears
Leave Surrender
Festival Allowance / Bonus / Ex-gratia and Incentive
Any Other Income
Excess Pay drawn, Dies non, etc.

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. Interest income from SB account, Fixed deposit, Post office, ... (Max : Rs.10,000/- ; Rs.50,000/- for senior citizens)
15. 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, Advance tax

Income tax deducted from salary, Advance tax paid

Income Tax 2024-25 : Details
Old Regime New Regime
1. Net Taxable Income
2. Tax on Total Income
3. Less: Rebate under Sec. 87A
4. Health and Education Cess - 4% of (2-3)
5. Total Tax Payable (2-3+4)
6. Less: Relief for arrears of salary
7. Tax deducted from salary
8. Balance Tax to be paid (5-6-7)
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Anticipatory Statement for : Employees Pensioners

Final Statements :
Statement for Employees / Pensioners Form 12 BB Form 16
For Saving / Add New Employee / Form 10E Calculation Login and Continue
Abstract of all Employees