Go Ad-Free
My Alerts
Moneycontrol
Moneycontrol PRO
Get App Open
In App
Lending
Lending
Go PRO Now
Open App

Income Tax Calculator 2019-20

Use this tool to calculate the tax amount for financial year Fy18-19.
Tool calculates tax amount on taxable income. You can calculate your taxable income after adding income from salary, business, capital gain, interest etc and adjusting against deductions for HRA, 80c investments, interet rate deductions for home loan etc. You can also use our detailed tax calculator for more accurate calcualtions.

  • Regular Slabs

    Tax Slab Tax Rate Cess
    0 - 2.5L No Tax No Tax
    2.5L - 5L 5% 4%
    5L - 10L 20% 4%
    10L - 50L 30% 4%
    50L - 1Cr 30% 14%
    1Cr+ 30% 19%

  • Senior Citizen(60-80Age)

    Tax Slab Tax Rate Cess
    0 - 3L No Tax No Tax
    3L - 5L 5% 4%
    5L - 10L 20% 4%
    10L - 50L 30% 4%
    50L - 1Cr 30% 14%
    1Cr+ 30% 19%

  • Very Senior Citizen(80+Age)

    Tax Slab Tax Rate Cess
    0L - 5L No Tax No Tax
    5L - 10L 20% 4%
    10L - 50L 30% 4%
    50L - 1Cr 30% 14%
    1Cr+ 30% 19%
Quick Calculator
₹
Tax Profile
Submit Reset
  • Tax Amount
    ₹
  • Effective Interest Rate
Scheme 3 Y
Invesco India Midcap - D (G)
 27.5%
Bank of India Manufacturing & Infrastructure Fund - D (G)
 24.6%
Invesco India Infra. -Direct (G)
 22.8%
JM Flexi Cap Fund - DP - (G)
 20.6%
Kotak India EQ Contra Fund - D (G)
 21.0%
Best Funds to Buy

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347