This calculator carries out following calculations for Non-resident Individual assessees for the Assessment Years 2017-18 ( i.e. on income earned during the financial year 01.04.2016 - 31.03.2017 ) for determining your taxable income and income tax liability:
Calculates Taxable Income by computing income from all sources viz. Salary and Allowances, House Property, Capital Gains, Income from other sources, Agriculture Income etc. for the assessment year.
Calculates income chargeable at Special Rate for computing the Taxable Income.
Calculates Income net of Income Tax Liability for the assessment year.
Calculates and shows Income Tax with slab-wise Income details.
Calculates Surcharge net of Marginal Relief *, wherever applicable.
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Do not use this calculator if you have Loss from 'Business or Profession', 'Capital Gains' or 'Other Sources'.