Particulars Details Amount in Rs.
Gross Income (CTC) Salary, Bonus, Allowances
HRA Exemptions u/s 10 A HRA Calculation below
Other Exemptions u/s 10 A Medical, Convenyance etc
Professional Tax Professional Tax
Net Income under Salaries Gross Income - Exemptions 1,573,900
Deductions u/s 80 C Investments in PF, PPF, Life Ins., ELSS, NPS etc
Deductions u/s 80 CCG Investments in RGESS (50% of Investments)
Deductions u/s 80 D Medical Insurance Premium (Self, Parents)
Deductions u/s 80 G Eligible Donations upto specified percentage
Deductions u/s 80 E Interest Paid on Education Loan
Deduction u/s 80 TTA Interest Received on Savings Bank A/C
Tax Benefit u/s 24 Interest Paid On Home Loan (Max 2 L)
Total Deductions/Benefits 435,000
Taxable Income Tax payable on this income 1,138,900
Tax Slab Slab Income Tax Rate Tax Amount
Income Tax Payee Type Male, Female, Sr. Citizen>60, Very Sr. Citizen>80
250,000 250,000 0% -
500,000 250,000 10% 25,000
1,000,000 500,000 20% 100,000
10,00,000+ 138,900 30% 41,670
Tax on Total Income 166,670
Surcharge 10% on Tax if Income > Rs 1 Crore 10% 0
Tax with Surcharge 166,670
Education Cess 3% 5,000
Tax with Cess 171,670
Tax Credit Upto Rs. 2000 if Taxable Income < Rs. 5 lakhs -
Tax Liability 171,670

HRA Exemption Calculator

City living in
Basic Salary + DA
HRA Received (HRA Received/month*12)
Actual Rent Paid (Actual Rent Paid/month*12)
Least of the following will be HRA Exemption 99,000
1) HRA Received 144,000
2) % of Salary+DA (50%-Metro & 40%-Non-metro) 180,000
3) Rent paid in excess of 10 % of salary 99,000
Particulars Details Amount in Rs.
Gross Income (CTC) Salary, Bonus, Allowances
HRA Exemptions u/s 10 A HRA Calculation below
Other Exemptions u/s 10 A Medical, Convenyance etc
Professional Tax Professional Tax
Net Income under Salaries Gross Income - Exemptions 1,573,900
Deductions u/s 80 C Investments in PF, PPF, Life Ins., ELSS, NPS etc
Deductions u/s 80 CCG Investments in RGESS (50% of Investments)
Deductions u/s 80 D Medical Insurance Premium (Self, Parents)
Deductions u/s 80 G Eligible Donations upto specified percentage
Deductions u/s 80 E Interest Paid on Education Loan
Deduction u/s 80 TTA Interest Received on Savings Bank A/C
Tax Benefit u/s 24 Interest Paid On Home Loan (Max 2 L)
Total Deductions/Benefits 435,000
Taxable Income Tax payable on this income 1,138,900
Tax Slab Slab Income Tax Rate Tax Amount
Income Tax Payee Type Male, Female, Sr. Citizen>60, Very Sr. Citizen>80
250,000 250,000 0% -
500,000 250,000 10% 25,000
1,000,000 500,000 20% 100,000
10,00,000+ 138,900 30% 41,670
Tax on Total Income 166,670
Surcharge 10% on Tax if Income > Rs 1 Crore 10% 0
Tax with Surcharge 166,670
Education Cess 3% 5,000
Tax with Cess 171,670
Tax Credit Upto Rs. 2000 if Taxable Income < Rs. 5 lakhs -
Tax Liability 171,670

HRA Exemption Calculator

City living in
Basic Salary + DA
HRA Received (HRA Received/month*12)
Actual Rent Paid (Actual Rent Paid/month*12)
Least of the following will be HRA Exemption 99,000
1) HRA Received 144,000
2) % of Salary+DA (50%-Metro & 40%-Non-metro) 180,000
3) Rent paid in excess of 10 % of salary 99,000