Income Tax eating up your earnings?
Time to press the Emergency

All of us wish to save on taxes as it will help save money. Savings on taxes is one method which yields good results in having an efficient financial plan. Several categories and areas help save tax and once such area is Insurance.You can save on tax by purchasing any of the Life Insurance plans be it Term Insurance, Whole Life, and ULIP (Unit Linked Insurance Plans), to name a few. You can use the premiums paid by you for availing tax deduction on any of these policies, therefore, boosting your tax saving options.

Use our income tax calculator to calculate your income tax liability as well as your income tax refund:

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80D Mediclaim

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Home Rent Allowance

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Income Tax Calculator

Financial planning is very essential for an individual as it helps to maintain consistent savings ratio even in this world of constant inflation. One can save money with the help of saving on taxes. Savings on taxes is one method which yields good results in having an efficient financial plan. Everyone these days are aware of income tax and their liability towards taxes, and due to this reason people remain very keen to calculate their income tax. Below is the brief of how can an individual calculate their tax liability and which tools can they use to calculate it. Income tax calculator is one such tool with the help of which an individual can calculate their income tax liability. Income tax calculators take every income head into account and they require some information to be filled in by people calculating their tax. It takes various deductions available to an individual and above calculations; it provides knowledge about certain limits which can prove very beneficial in the tax estimation scenario. One can calculate their income tax refund with the help of using income tax calculator as well.

Online Income Tax Calculator

Income tax calculators are available online these days which is the contemporary and convenient way to calculate your income tax liability. There are various insurance aggregators and financial institutions that provide income tax calculators on their website. One can use these calculators for free in order to determine their income tax.