NEW DSTF INCOME TAX CALCULATOR FY 2013-14 AY 2014-15

Delhi School teachers Forum develop New Income Tax Calculator for the teachers for Financial Year 2013-14 and Assessment year 2014-15. Now you can check your Income tax calculation by entering your Basic Pay +GP and TA, Saving . This calculator is very simple and self explanatory and most data is calculated automatically..


How to Use this Calculator :

1. Enter Basic Pay with Grade Pay as on 01/04/2013.
2. Enter your slab of TA i.e.1600/3200 and No. of Months you receive TA i.e 11 or 12 Months
3. DA arrear from Jan. 2013 to March 2013 will automatically calculated.
4. DA arrear for July to September will automatically added in Basic Pay and DA.
5. Enter your saving and other required field and Then click on Calculate Income Tax.
6. Teachers who live in Govt. Quarters, Fill the Double amount of HRA, they Receive in the Actual Rent Paid Column

Select your Category     Male Female Sr. Citizen >60 yrs but < 80 yrs. Sr. Citizen above 80 yrs.


 Basic Pay + GP  as on 01/04/2013       


 TA                   No. of Months         




 Total Basic Pay +DA        

 Total HRA                        

 Total TA                           

 Total Income            

 Add: DA Arrears                       

          Bonus                                 

          Education Allowance          

          Pay arrear if any                

           Bank Interest if any          

          Honorarium if any             

          Agricultural Income if any  

 Gross Income                            

 Less : Deduction u/s 10 (other than HRA)

          TA Exemption                                     

          Tuition Fees Exemp. (Rs. 1200/child      

          Medical Premium                                

          Interest Paid on Home Loan                

Taxable Income                                             

 Less : HRA Exemption

Do You want HRA Exemption ? If yes, then fill Actual Rent paid by you.
The teachers who live in Govt Accomodation, Fill Double Amount of HRA they receive in the Actual Rent Paid Column.

          Actual Rent Paid                          

          Rent Paid-(10% of Basic+DA)    

          50% of Basic+DA                      

          HRA Exemption                         

Gross Taxable Income                      

          Deduction u/s 80 G Donation                   

          Deduction u/s 80 G (other than Donation)    

          Deduction u/s 80CCCA (Pension)               

TOTAL                                                                

          GPF                              

          PPF                              

          G.I.S.                           

          Home Loan Principal    

          Tuition Fees                 

          LIC                            

          NSC                          

          Any Other                  

          TOTAL                     

          Rebate                     

          Total Rebate          

NET Taxable Income                      

 
Income Tax Payable                          

Education Cess Payable                    

Less: Income Tax Paid up to Dec.   
 
Income Tax  Due