ITR Online Calculator

See how the latest budget impacts your tax calculation. Updated as per latest budget on 1 February, 2021.
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Salary before reducing exemptions (HRA, LTA), standard deduction & professional tax
HRA, LTA, Standard Deduction, etc.
Includes interest from savings bank, deposits and other interest
Includes taxable freelancing income or any other taxable income
Interest paid on housing loan taken for self-occupied property
Annual rent received on let-out property
Interest paid on housing loan taken for rented/let-out property
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Amount invested/paid in tax saving instruments such as PPF, ELSS mutual funds, LIC premium, etc.
Amount of interest income on deposits in savings account (includes fixed/recurring deposit interest in case of senior citizen)
Medical premium & preventive health checkup fees paid for self & family including parents
Amount paid as donation to charitable insitutions or certain recognized funds
Amount of interest paid on loan taken for higher education
Amount of interest paid on housing loan sanctioned during FY 19-20
Includes voluntary contribution to National Pension Scheme (NPS) under section 80CCD(1) and 80CCD(1B)

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