2014-15http://www.PankajBatra.comIncome Tax Calculator F.Y. 2014-15 (AY 2015-16)GenderMaleHave a Question? Ask it here: http://www.SocialFinance.inNameYour NameAge30Number of children0Salary BreakupAprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarchTotalBasic Salary0.00.00.00.00.00.00.00.00.00.00.00.00.0House Rent Allowance (HRA)0.00.00.00.00.00.00.00.00.00.00.00.00.0Dearness allowance (DA)0.00.00.00.00.00.00.00.00.00.00.00.00.0Transport/Conveyence Allowance0.00.00.00.00.00.00.00.00.00.00.00.00.0Child Education Allowance0.00.00.00.00.00.00.00.00.00.00.00.00.0Grade/Special/Management/Supplemementary Allowance0.00.00.00.00.00.00.00.00.00.00.00.00.0City Compensatory Allowance (CCA)0.00.00.00.00.00.00.00.00.00.00.00.00.0Arrears0.0Gratuity0.0Leave Travel Allowance (LTA)0.0Leave Encashment0.0Performance Incentive/Bonus0.0Medical Reimbursement0.00.00.00.00.00.00.00.00.00.00.00.00.0Food Coupons0.00.00.00.00.00.00.00.00.00.00.00.00.0Periodical Journals0.00.00.00.00.00.00.00.00.00.00.00.00.0Uniform/Dress Allowance0.00.00.00.00.00.00.00.00.00.00.00.00.0Telephone Reimbursements0.00.00.00.00.00.00.00.00.00.00.00.00.0Professional Development Allowance0.00.00.00.00.00.00.00.00.00.00.00.00.0Car Reimbursement0.00.00.00.00.00.00.00.00.00.00.00.00.0Internet Expense0.00.00.00.00.00.00.00.00.00.00.00.00.0Driver Salary0.00.00.00.00.00.00.00.00.00.00.00.00.0Gifts From Non-Relatives0.0Gifts From Relatives0.0Agricultural Income0.0House Rent Income/Notional rent (income from house property)0.00.00.00.00.00.00.00.00.00.00.00.00.0Saving bank account interest0.0Other income (Fixed deposit /NSC/SCSS Interest)0.0Income from Lottery, Crossword Puzzles, prizes etc0.0STCG from listed equity products/equity MFs0.0STCG not from listed equity products/equity MFs0.0LTCG from listed equity products/equity MFs0.0LTCG not from listed equity product/equity MFs s w/o indexation0.0LTCG not from listed equity products/equity MFs with indexation benefits0.0TOTAL INCOME0.00.00.00.00.00.00.00.00.00.00.00.00.0ExemptionsActual Rent paid as per rent receipts0.00.00.00.00.00.00.00.00.00.00.00.0Place of residenceMetro CityMetro CityMetro CityMetro CityMetro CityMetro CityMetro CityMetro CityMetro CityMetro CityMetro CityMetro CityHRA ExemptionAvailing both HRA and Home loan exemption0.00.00.00.00.00.00.00.00.00.00.00.00.0Non-Taxable AllowancesInvestment/Bills DetailsChild Education Allowance0.00.0Medical Reimbursement receipts submitted0.00.0Transport/Conv. Allowance0.00.0LTA receipt submitted0.00.0Food Coupons0.00.0Periodical Journals0.00.0Uniform/Dress Allowance0.00.0Telephone Reimbursement receipts submitted0.00.0Prof. Development receipts submitted0.00.0Car Expenses Reimbursement receipts submitted0.00.0Internet expense receipts submitted0.00.0Driver Salary receipts submitted0.00.0Other Reimbursement receipts submitted0.00.0Non taxable Gratuity0.00.0Non taxable leave encashment0.0During Service0.0Non taxable House rent income-30% ded.0.00.0Balance Salary0.0Professional Tax0.0Net Taxable Salary0.0Total Home loan amount80EE deduction taken in FY 2013-14Self occup. Home Loan Interest ComponentHome Loan taken in 2013-14First home loan0.0Letout property Home Loan Interest0.00.0Municipal taxes paid on letout properties0.00.0Gross Total Income0.0Deductions under chapter VIALife Insurance Premium payment0.0Employee's contribution to PF0.0PPF (Public Provident Fund)0.0Equity Tax saver Mutual Funds - ELSS0.0National Savings Certificate (NSC) deposit0.0National Savings Scheme (NSS) deposit0.0Senior Citizen Savings Scheme (SCSS) deposit0.0Post Office/Tax saving Bonds investments0.0National pension system (NPS) Deposit 80CCD0.0Children Tution Fees paid0.0Housing Loan Principal repayment0.0Tax saving Fixed Deposit for 5 yrs. or more0.0Stamp Duty/Registration charges for house0.0Other Eligible InvestmentsTotal of Section 80C0.0Pension Fund (80 CCC)0.0Total Deduction under Sec. 80C & 80CCC0.00.080D (Medical insurance premium for Self and/or Family)0.00.080D (Medical insurance premium for Parents)0.0Parents above 60 years0.080DD (Maintainence of depandant disabled)0.0With Severe Disability0.080DDB (Medical treatment for specific diseases)0.0Patient Below 65 years0.080E (Interest paid on Higher Education Loan)0.00.080U (Handicapped person/Perm. Disability)0.0With Severe Disability0.0Donations - 80G (100 % deductions)0.00.0Donations - 80G (50 % deductions)0.00.080CCG - RGESS0.00.0Home loan interest exemption u/s 80EE0.00.0Employer NPS deduction u/s 80CCD(2)0.00.0Saving account Interest section 80TTA0.00.0Total Taxable Income0.0Taxable Income rounded off0.0Income Tax on Total Income0.0Tax credit u/s 87A0.0Income tax after Tax credit0.0Surcharge0.0Income tax including surcharge0.0Education Cess @ 3%0.0Income tax including education cess0.0TDS (Tax deducted at source)0.0Pending Tax Payable0.0Monthly Deductions from salaryAprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarchTDS (Tax deducted at source)0.0Professional Tax0.0Employee's PF Contribution0.0Self/Employee's NPS Contribution0.0VPF (Voluntarily Provident Fund) contribution0.0Deduction for company provided transport0.0Deduction towards State Labour welfare Fund (LWF)0.0Deduction towards company provided Group Term insurance0.0Deduction towards Leave availed0.0Deduction towards company provided medical insurance0.0Other Deductions from Employer0.0Employer's NPS Contribution0.00.00.00.00.00.00.00.00.00.00.00.00.0Employer's PF Contribution0.00.00.00.00.00.00.00.00.00.00.00.00.0In Hand Salary0.00.00.00.00.00.00.00.00.00.00.00.0In Hand Salary without reimbursments0.00.00.00.00.00.00.00.00.00.00.00.0Total Income in this year0.0ADVANCE TAX SCHEDULE - NOT APPLICABLE FOR SENIOR CITIZENSTotal Tax as per Consolidation Sheet:0.0PARTICULARS%PayablePaidDifferencePayable upto 15th September, 201430%0.00.00.0Payable upto 15th December, 201460%0.00.00.0Payable upto 15th March, 2015100%0.00.00.0MaleMetro CityOn loan and Self OccupiedWith Severe DisabilityParents below 60 yearsDuring ServicePatient Below 65 yearsAvailing both HRA and Home loan exemptionHome Loan taken in 2013-14First home loanFemaleNon-Metro CityOn loan but Rented outWithout Severe DisabilityParents above 60 yearsAt leaving ServicePatient Above 65 yearsAvailing Only HRA BenefitHome Loan not taken in 2013-14Not a first home loanAvailing Only Home loan exemptionSTCGWrongW/O STCG0.00Super Senior0.000.000.00Senior0.000.000.00Male0.000.000.00Female0.000.000.00Total Tax0.0030% slab20% slab10% slab30% tax20% tax10% taxSTCGLTCG @ 20%LTCG @ 10%Lottery @ 30%Super Senior500,000.000.000.000.000.000.000.000.000.000.000.000.00Senior300,000.000.000.000.000.000.000.000.000.000.000.000.00Female250,000.000.000.000.000.000.000.000.000.000.000.000.00Male250,000.000.000.000.000.000.000.000.000.000.000.000.00250,000.0010.00500,000.0020.001,000,000.0030.00STCG15.00LTCG @ 20%20.00LTCG @ 10%10.00Surcharge0.00tax+surcharge0.00margin-7,170,000.00Marginal Relief7,170,000.00Surcharge after Marginal Relief0.00GTI0.00x0.00new x0.00y0.00TI0.00Specialnew y0.00partbti0.00exemption limit250,000.00totalltcg0.0015 % taxable0.000.00new x0.00LTCG @ 10%0.000.00LTCG @ 20%0.000.0030% taxable0.000.00TI0.00TI0.00displayincome0.00spincome0.00exm+agri250,000.00Normal taxTotal taxTotal tax +credittax+surchargesenior tax0.000.000.000.000.00super senior tax0.000.000.000.000.00female tax0.000.000.000.000.00male tax0.000.000.000.000.00special tax0.00final tax0.00Success

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SavingsSavings for TaxPPF InvestmentsInsurance Policies Premium paymentsMutual Fund investmentsApr-140.0Apr-140.0Apr-140.0May-140.0May-140.0May-140.0Jun-140.0Jun-140.0Jun-140.0Jul-140.0Jul-140.0Jul-140.0Aug-140.0Aug-140.0Aug-140.0Sep-140.0Sep-140.0Sep-140.0Oct-140.0Oct-140.0Oct-140.0Nov-140.0Nov-140.0Nov-140.0Dec-140.0Dec-140.0Dec-140.0Jan-150.0Jan-150.0Jan-150.0Feb-150.0Feb-150.0Feb-150.0Mar-150.0Mar-150.0Mar-150.0Total0.0Total0.0Total0.0`Long Term infra bonds investmentNSC investmentsNSS InvestmentsSCSS investmentsApr-140.0Apr-140.0Apr-140.0Apr-140.0May-140.0May-140.0May-140.0May-140.0Jun-140.0Jun-140.0Jun-140.0Jun-140.0Jul-140.0Jul-140.0Jul-140.0Jul-140.0Aug-140.0Aug-140.0Aug-140.0Aug-140.0Sep-140.0Sep-140.0Sep-140.0Sep-140.0Oct-140.0Oct-140.0Oct-140.0Oct-140.0Nov-140.0Nov-140.0Nov-140.0Nov-140.0Dec-140.0Dec-140.0Dec-140.0Dec-140.0Jan-150.0Jan-150.0Jan-150.0Jan-150.0Feb-150.0Feb-150.0Feb-150.0Feb-150.0Mar-150.0Mar-150.0Mar-150.0Mar-150.0Total0.0Total0.0Total0.0Total0.0Post Office/Tax saving Bonds investmentsChildren Tution Fees paidHousing Loan Principal repaymentTax saving Fixed deposits for 5 yrs.Apr-140.0Apr-140.0Apr-140.0Apr-140.0May-140.0May-140.0May-140.0May-140.0Jun-140.0Jun-140.0Jun-140.0Jun-140.0Jul-140.0Jul-140.0Jul-140.0Jul-140.0Aug-140.0Aug-140.0Aug-140.0Aug-140.0Sep-140.0Sep-140.0Sep-140.0Sep-140.0Oct-140.0Oct-140.0Oct-140.0Oct-140.0Nov-140.0Nov-140.0Nov-140.0Nov-140.0Dec-140.0Dec-140.0Dec-140.0Dec-140.0Jan-150.0Jan-150.0Jan-150.0Jan-150.0Feb-150.0Feb-150.0Feb-150.0Feb-150.0Mar-150.0Mar-150.0Mar-150.0Mar-150.0Total0.0Total0.0Total0.0Total0.0Pension Fund (80 CCC) investmentsApr-140.0May-140.0Jun-140.0Jul-140.0Aug-140.0Sep-140.0Oct-140.0Nov-140.0Dec-140.0Jan-150.0Feb-150.0Mar-150.0Total0.0GROSS TOTAL0.0