Section 80DDB deduction (Medical treatment expenses Expenses game call of duty full version done for medical treatment for self, spouse, dependent children, parents, brothers and sisters.
From to, from to, from.In Hand monthly salary: After deduction of all components like TDS, EPF etc in hand monthly salary is computed.Changes in FY 2016-17:.Gift from relatives vs non relatives: Gifts from relatives would be non-taxable with no limits attached.TIN nsdl form 16,4,toll fees,1,tool bar for Chartered Accountants,5,TOP bank official CBI in shares,4,transaction not transfer,1,transfer fee,1,transfer includes,2,transfer loan from one bank to other,1,transport allownace,5,transport of goods by rail,5,travel agent tds,1,tribunal,1,trp,1,tuition fees,6,tuition fees children,2,turnover meaning 44AB,6,two challan in same month,1,uan,12,ubislate,1,UGC PAY after budget,1,ulp,2,unclaimed deposits,5,undeliverd refund.Leave travel allowance (LTA) : Two trips on a block of four years can be claimed for exemption for travel done inside India. .
This deduction goes up.
Profits and Gains of Business or Profession (enter profit only) Agricultural Income Deductions Show Details Life Insurance premium paid Payment for annuity plan Contribution toward provident fund / PPF Investment in NSC (viii issue) Interest Contribution toward ulip Contribution toward notified pension fund by MF/UTI.
Allowance: Thats general component in industry to complete CTC amount after putting 35-40 into basic and 20 in HRA.
If gifts received from non-relative persons is worth more than.50000, one is liable to pay the tax on whole value.
Download Income Tax Calculator, you can download the Income Tax Calculator for FY 2017-18 AY 2018-19 from the link below.
Total Long Term Capital Gains (Charged to tax @ 20) From to From to From to From to From to Total Long Term Capital Gains (Charged to tax @ 10) From to From to From to From to From to Total Income From Other Sources.Transport/Conveyance allowance: Rs 800 per month is non taxable if salary has this component.If you want to use simple web based calculator, you may try, official income tax calculator by income tax department Disclaimer: We are not responsible for any inaccuracies in the income tax computed by this tool.Uniform/Dress Allowance: Some sections of employees mat get allowance for purchase of office dress/uniform.Medical allowance/Reimbursement : This component is on-taxable up to 15000 per year (or Rs 1250 per month) on producing water supply engineering ebook medical bills.Children education allowance: Per school going child 1200 per annum is non-taxable.Maximum deduction can be Rs 40,000 (goes up to 80,000 in case patient is senior citizen).It does not computes Capital Gains Tax.