Particulars	Details	Type	Actual Amount in Rs.	Maximum Limit	Proof Required?
Gross Income (CTC)	Salary, Bonus, Allowances, Other income etc	Input
HRA Exemptions u/s 10 (13A)	Refer below to know how HRA exemption is calculated	Input		As per calculation	YES
	Standard Deductions	Input			NO
Professional Tax	Professional Tax	Input			NO
Net Income under Salaries	Gross Income - Exemptions	Output
Deductions u/s 80 C	Investments in PF, PPF, Ins, ELSS, NPS, Housing Loan Principal repayment etc	Input			YES
Deductions u/s 80 CCD - 1B	Investments in NPS (50 K Maximum)	Input			YES
Deductions u/s 80 CCD - 2	Investments into NPS by Employer	Input		10% of Basic + DA	YES
Deductions u/s 80 D	Health Insurance Premium (Self, Spouse & Children) Age < 60 years	Input			YES
	Health Insurance Premium (Self, Spouse & Children) Age 60 & above	Input			YES
Addional Benefit for Parents U/Sec. 80 D	Health Insurance Premium for Parents age < 60 Years	Input			YES
	Health Insurance Premium for Parents age 60 & above years	Input			YES
Deductions u/s 80 G	Eligible Donations upto specified percentage	Input		DEPENDS ON TO WHOM IT IS DONATED
Deductions u/s 80 E	Interest Paid on Education Loan	Input		NO LIMIT	YES
Deductions u/s 80 TTA	Interest Received on Savings Bank A/C < Age 60 Years	Input
Deductions u/s 80 TTB	Interest Received on Deposits for Senior Citizens Age 60 & Above only	Input			YES
Tax Benefit u/s 24	LOSS From House Property or Interest Paid On Home Loan Interes (Max 2 L)	Input			YES
Total Deductions/Benefits
Taxable Income	Tax payable on this income	Output

Tax Slab	Slab Income	Tax Rate	Tax Amount
Income Tax Payee Type	Male, Female, Sr. Citizen>60, Very Sr. Citizen>80	Input	Male Female Senior Citizens Very Senior Citizens
		%
		%
		%
+		%
Tax on Total Income		Output
Surcharge	10% on Tax if Income > Rs 50 lakhs	%
Surcharge	15% on Tax if Income > Rs 1 Crore	%
Tax with Surcharge		Output
Tax Credit	Upto Rs. 2500 if Taxable Income < Rs. 3.50 lakhs	Output
Tax with Surcharge less Rebate, if any	Upto Rs. 2500 if Taxable Income < Rs. 3.50 lakhs	Output
Education Cess		%
Tax Liability with Cess		Output

Income Tax Ratio

Monthly Income	Gross Income/12	Output
Monthly Tax (Appx TDS)	Tax Liability/12	Output
Income Tax Ratio	Gross Income/Tax Liability	Output

HRA Exemption Calculator

City living in		Input	Metro Non-metro
Basic Salary + DA		Input
HRA Received		Input
Actual Rent Paid		Input
Least of the following will be HRA Exemption
1	HRA Receieved	Output
2	% of Salary+DA (50%-Metro & 40%-Non-metro)	Output
3	Rent paid in excess of 10 % of salary	Output

Note: This is as per proposal presented during annual budget for FY 2018-19.

Income Tax Slabs

Tax Exemptions	Age Creteria	Income Exempted
Male	-
Female	-
Senior Citizens
Very Senior Citizens
		%
		%