Income Tax Calculator 2017-2018 | Tax Calculator Online
Income Tax Calculator: Calculate income tax online to know taxable income for individuals, Hindu Undivided Families (HUF’s), companies, firms, LLP, association of persons, body of individuals, local authority and any other artificial juridical person. Gujinfo provides online income tax calculator excel file that tells you how much Income Tax to be paid as per the Indian Annual Salary.
The Income Tax Department is the biggest revenue mobilizer for the Government. If you are still confused as to how much your tax will be next year, here is a various tax calculator for calculate your refund in minutes.
Income Tax Calculator for FY 2017-18 By Taxguru Download
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Income Tax Slab for FY 2017-18 (AY 2018-19)
General Public (Below 60 Years of Age)
| Income Tax Slab | Tax |
| Up to Rs. 2.5 Lakhs | Nil |
| Rs. 2.5 – 5 Lakhs | 5% |
| Rs. 5 – 10 Lakhs | 20% |
| Above Rs. 10 Lakhs | 30% |
Senior Citizens (60 to 80 Years of Age)
| Income Tax Slab | Tax |
| Up to Rs. 3 Lakhs | Nil |
| Rs. 3 – 5 Lakhs | 5% |
| Rs. 5 – 10 Lakhs | 20% |
| Above Rs. 10 Lakhs | 30% |
Very Senior Citizens (More than 80 Years of Age)
| Income Tax Slab | Tax |
| Up to Rs. 5 Lakhs | Nil |
| Rs. 5 – 10 Lakhs | 20% |
| Above Rs. 10 Lakhs | 30% |