India Tax Calculator FY 2019-2 2.2.2
Free Version
Publisher Description
India Tax Calculator FY 2019-2 - Know your TAX for Current FY 2019-2020 (AY 2020-2021)
Income Tax Calculator for India Current FY 2019-2020/AY 2020-2021:
Calculate the Income Tax for the Financial Year 2019-2020 (Assessment Year: 2020-2021) using this application. Advance Tax Calc, Quick Tax Calc and HRA Exemption Calc were provided in the application.
Here are the rules considered in the app:
Income Tax Rates for Financial Year 2019-2020:
Case A: For Men (less than 60 years)
Upto Rs. 2,50,000 Nil
Rs. 2,50,001 to Rs. 5,00,000 5 per cent
Rs. 5,00,001 to Rs. 10,00,000 20 per cent
Above Rs. 10,00,000 30 per cent
Case B: For Women (less than 60 years)
Upto Rs. 2,50,000 Nil
Rs. 2,50,001 to Rs. 5,00,000 5 per cent
Rs. 5,00,001 to Rs. 10,00,000 20 per cent
Above Rs. 10,00,000 30 per cent
Case C: For resident individual of 60 years or above (Senior Citizens)
Upto Rs. 3,00,000 Nil
Rs. 3,00,001 to Rs. 5,00,000 5 per cent
Rs. 5,00,001 to Rs. 10,00,000 20 per cent
Above Rs. 10,00,000 30 per cent
Case D: For resident individual of 80 years or above (Very Senior Citizens)
Upto Rs. 5,00,000 Nil
Rs. 5,00,001 to Rs. 10,00,000 20 per cent
Above Rs. 10,00,000 30 per cent
HRA Tax Exemption Calculation:
Minimum of (40 or 50% of Basic, Annual HRA Claimed, Annual Rent Paid – 10% of Basic)
Maximum allowed limits for tax exemption:
Section 80C limited to 1.5 Lacs.
Section 80D limited to 75K.
Section 80E limited to 40k.
Section 24 limited to 2 Lacs.
80TTA: 10k (for Age
Section 87A Rebate: up to Rs. 12,500.
Limitations of the App:
1. As all the values are considered as integers, the maximum value can be entered is (2^31 - 1).
2. While doing calculations, each value is rounded to the nearest integer.
Suggestions:
If any rules are violated or for any suggestions, please send an email to arbandroidapps@gmail.com
About India Tax Calculator FY 2019-2
India Tax Calculator FY 2019-2 is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops India Tax Calculator FY 2019-2 is Anpadmy Technologies Private Limited. The latest version released by its developer is 2.2.2. This app was rated by 1 users of our site and has an average rating of 5.0.
To install India Tax Calculator FY 2019-2 on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2020-06-07 and was downloaded 8 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the India Tax Calculator FY 2019-2 as malware as malware if the download link to com.arbapps.incometaxcalcfy2013_2014 is broken.
How to install India Tax Calculator FY 2019-2 on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the India Tax Calculator FY 2019-2 is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by India Tax Calculator FY 2019-2 will be shown. Click on Accept to continue the process.
- India Tax Calculator FY 2019-2 will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
