ULTIMATE SECTION-WISE | Indian Tax Calculator | Heads of Income + Advanced Audit

🇮🇳 SECTION-WISE TAX ARCHITECT • 5 HEADS OF INCOME

💼 HEAD I: SALARY INCOME

Gross Salary (Basic + DA + Bonus)

Allowances (Taxable portion)

Perquisites (Taxable)

*Standard deduction ₹50,000 applied automatically

🏠 HEAD II: HOUSE PROPERTY

Net Annual Value (NAV)

Home Loan Interest u/s 24(b)(max ₹2,00,000 for self-occupied)

Other Property Deductions

📊 HEAD III: PGBP (Business / Profession)

Business / Professional Income

Presumptive Taxation (44AD/44ADA)

📈 HEAD IV: CAPITAL GAINS

STCG (Equity – 15%)

STCG (Others – slab rate)

LTCG Equity (>1L @10%)

LTCG Debt/Unlisted (20%)

💸 HEAD V: OTHER SOURCES

Interest Income (FD, Savings)

Dividend / Lottery / Cryptocurrency

📑 CHAPTER VI-A DEDUCTIONS (Old Regime)

Sec 80C (EPF, PPF, LIC, ELSS)

Sec 80D (Health Insurance)

Sec 80E (Education Loan Interest)

Sec 80G (Donations)

Other 80 (80TTA, 80CCD(1B), etc)

🚀 New Tax Regime (Sec 115BAC) 🏛️ Old Tax Regime (with deductions)

New Regime

💰 Gross Total Income (5 Heads)₹ 0

🔻 Total Deductions Applied₹ 0

📌 Net Taxable Income (Slab)₹ 0

📉 Basic Income Tax (as per slabs)₹ 0

🏷️ Rebate u/s 87A (Max ₹60k)₹ 0

⚡ Surcharge (with Marginal Relief)₹ 0

🩺 Health & Edu Cess (4%)₹ 0

💎 TOTAL TAX LIABILITY₹ 0

📈 Effective Tax Rate (on gross)0.00%

📊 LTCG Equity Tax (@10% >1L)₹ 0

🏦 Debt LTCG / Unlisted (20%)₹ 0

📉 STCG Equity (15%)₹ 0

🧾 Other STCG (slab rate inclusive)in slab

🔄 Alternate Regime Tax: Calculating…

📐 Marginal relief applied automatically for surcharge.

Slab-wise tax breakup & surcharge logic

📊 Income head-wise summary