2024 Tax Rates And Deductions Calculator. Calculate your income tax, social security and pension. The above calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in all.
The assessment year is when you file your tax returns declaring the income earned during. The tax calculator provides an approximate figure of your income tax liability by considering various data such as your income, tax deductions, hra exemption, etc.