This is Simplified/Advanced Personal Indian Income tax calculator for the year financial year 2011-12 & 2012-13 assessment year 2013-2014. It calculates an income tax detail based on Year, Person Age, investment details under all section(80C, ,80D,80DD,80CCF) & other income tax exemptions like HRA, Medical, etc. user should make sure to put accurate annual figure in relevant box and keep empty if its not applicable to you.
This calculator gives you an exact calculations of how much income tax will be paid for respective assessment year as it consider all sections & clauses of Indian Income Tax rules.
You will get to see exact detail of total TAX & also gives tally of how much exemption you have got per slab, per section & HRA.
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