Types of Income Tax Calculators and their Uses

To collect tax from the very source of income, the TDS concept was introduced. According to this idea, a person (deducted) who is required to make a payment of a specific sort to another person (deducted) must withhold tax at source and deposit it into the Central Government's account.

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08 Aug

Types of Income Tax Calculators and their Uses

Tax calculator

To collect tax from the very source of income, the TDS concept was introduced. According to this idea, a person (deducted) who is required to make a payment of a specific sort to another person (deduce) must withhold tax at source and deposit it into the Central Government's account. On the basis of Form 26AS or a TDS certificate provided by the deducted, the deducted from whose income tax source deductions have been made is entitled to get credit for the amount so deducted.

There are two types calculator for calculating tax:

  1. Income and Tax calculator
  2. Deferred Tax Calculator
  3. Tax Calculator
  4. Advance Tax Calculator
  5. TDS Calculator

1.  Income and Tax Calculator     

Click on the following link to open the " Income Tax Calculator".

https://incometaxindia.gov.in/pages/tools/income-tax-calculator.aspx  .

 you have opened the link, a screen  similar to this should show to your computer screens.

All details are submitted then your TAX are Calculated.

2. Deferred Tax Calculator

Click on the following link and visit this website for " Deferred Tax Calculator".

https://incometaxindia.gov.in/Pages/tools/deferred-tax-calculator.aspx

 you have opened the link, a screen  similar to this should show to your computer screens.

All details are submitted then your TAX are Calculated.

3.  Tax Calculator

Click on the following link to open the "Tax Calculator".

https://incometaxindia.gov.in/Pages/tools/tax-calculator.aspx

 you have opened the link, a screen  similar to this should show to your computer screens.

All details are submitted then your TAX are Calculated.

4. Advance Tax Calculator

Click on the following link and visit this website for " Advance Tax Calculator".

https://incometaxindia.gov.in/Pages/tools/advance-tax-calculator.aspx

 you have opened the link, a screen  similar to this should show to your computer screens.

All details are submitted then your TAX are Calculated.

5. TDS Calculator

Click on the following link to open the "TDS Calculator".

https://incometaxindia.gov.in/Pages/tools/tds-calculator.aspx

 you have opened the link, a screen  similar to this should show to your computer screens.

All details are submitted then your TAX are Calculated.

 

 

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