Income Tax Calculator – Budget 2020 – FY 2020-21

This tool will give you a clear picture of your tax liability after the proposed tax regulations in budget 2020.

Please note the following :

1. If your taxable income is less than Rs. 5 lakhs, your tax liability was zero as per previous rules. It will still be zero as per the new rules. So you need not use this calculator.

2. The calculator is designed for taxable income upto Rs. 15 lakhs. Any taxable income above this will be same in both the rules.

3. Enter the amounts subject to the maximum limit indicated in the brackets.

&nbsp &nbsp