Note * : Fill all the fields on the above Income Tax Calculator
Income tax is not an unknown subject to any income earning person. Knowing the tax liability in advance helps an individual in tax planning. Karvy Value offers a simple calculator to calculate the tax liability of any individual post deductions offered under the income tax act. This would be helpful for the individual to invest in the required tax saving options.
Check out the best ELSS schemes to save tax
You need to input the following details to get the desired results:
By knowing the amount of tax payable in advance, proper tax planning can be done so that further tax saving options can be explored to minimize the total tax payable.