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Taxable Income & Income Tax Calculator for Assessment Year 2009-10 (F Y 2008-09)

The Calculator takes into account Marginal tax Relief payable on Surcharge on incomes exceeding Rs. 10 lacs.

Choose Your Category / Status Important: Please RESET the Calculator after every calculation.
Income from Salary & Allowances and / or Pension
Income from House Property
Income from Capital Gains (Short Term + Long Term)
Income from Other Sources viz. interest income
Investments under Sec. 80C, 80CCC & 80CCD (Max. Rs. 1 lakh)
Investments under Sec. 80D for Health Insurance (Max. Rs. 20,000/- for Senior Citizens & Rs. 15,000/- for others)
Investments under Sec. 80D for Health Insurance of parents (Max. Rs. 20,000/- if parents are Senior Citizen, otherwise Rs. 15,000/-)
Amount of any other eligible deduction from income
Income at Special Rate, if any
Income Tax at Special Rate, if any

Total Taxable Income (at normal rates)
Income Tax at Normal Rates
Total Income Tax (Income Tax at Normal Rate + Income Tax at Special Rate)
Surcharge
Education Cess
Total Tax liability
Income Net of Income Tax Liability