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Modified on : 3 August, 2018

Income Tax Calculator AY 2017-18
for Non-Resident Individual Tax payers

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 determing 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 taxable 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.

We welcome your suggestions / feedback to improve functionality and user friendliness of this calculator.

Assessment Year
A.   Income from Salary / Pension
1Total Salary/Pension as per Form 16 (Excl. all allow., perquisites & profit in lieu of salary)
2Allowances Exempt under Section 10 (Not to be added to Total Income from Salary)
3Add : Allowances not exempt
4Add : Value of Perquisites and / or Fringe Benefits
5Add : Profits in lieu of Salary
6Total Income from Salary
B.   Income (Profit) from Business / Profession
C.   Income / Loss from House Property
1Whether Property is Rented of Self Occupied
2Annual Lettable Value or Rent Received or Receivable (Zero, if Self occupied)
3Amount of Rent, which cannot be realized (Zero, if Self occupied)
4Taxes paid to Local Authorities (Zero, if Self occupied)
5Annual Value of Property ( 2 - 3 - 4 )
630% of 5
7Interest payable on borrowed capital (Max. ₹ 2 lacs)
8Income / Loss (-ve) from House Property ( 5 - 7 )
D.   Income from Capital Gains
1Short Term Capital Gain chargeable - Taxable at Normal Rates
2Short Term Capital Gain chargeable (u/s 111A) - Taxable @ 15%
3Long Term Capital Gain chargeable - Taxable @ 20%
4Long Term Capital Gain chargeable - Taxable @ 10%
5Total Income from Capital Gains
E.   Income from Other Sources
1Income - Taxable at Normal Rates
2Income - Taxable at Normal Rates
ParticularsTax RateIncome
Winnings from Lottery, Puzzle, Crossword etc.30.00
Any other income taxable at Special Rate
3Total Income from Other Sources
F.   Agricultural Income (For Rate purpose)
G.   Total Income (A+B+C+D+E+G)
H.   Eligible Deductions
1Deductions under Sec. 80C
2Deductions under Sec. 80CCC
3Deductions under Sec. 80CCD1
4Total of Deductions u/s 80C, 80CCC and 80CCD(1) (Max. ₹ 1.50 lakh
5Deductions under Sec. 80CCD22
6Deductions under Sec. 80D (Health Insurance - Self)
7Deductions under Sec. 80D (Health Insurance - Parents)
8Deductions under Sec. 80E
9Deductions under Sec. 80G
10Deductions under Sec. 80GG
11Deductions under Sec. 80RRB
12Deductions under Sec. 80TTA
13Any other eligible deduction
14Total Deductions from Taxable Income
I.   Total Taxable Income (G - H)
J.   Income taxable at Special Rate
K.   Income taxable at Normal Rates (I - J)
L.   Tax already paid
1Tax Deducted at Source
2Tax Collected at Source
3Advance Tax paid
4Self Assessment Tax paid
5Total Tax paid
Taxable Income and Tax Liability details
DescriptionIncomeIncome Tax
Exempt Income
Income taxable at 10%
Income taxable at 20%
Income taxable at 30%
Income taxable at Special Rates
Total
Less : Income Tax on Agricultural Income included above
Income Tax
Surcharge ( 15% of income tax if taxable income is above ₹ 1 crore. )
Less: Marginal Relief in Surcharge, if applicable
Net Surcharge
Income Tax + Net Surcharge
Education Cess [@ 3% of (Income Tax + Net Surcharge)]
Gross Income Tax liability
Less: Tax relief under sections 89, 90 and 91
Net Income Tax liability
Add: Interest Payable under Sections 234A, 234B and 234C
Total Income Tax liability
Tax Payable / Refund
Income Net of Income Tax Liability
Calculate interest under Section 234 A, B and C

Important : This calculator is an easy online tool for quick basic calculation and cannot give correct calculation in all circumstances. The exact calculation may be made after taking into account all applicable provisions of Income Tax Act / Rules.