Income Tax Calculation Income Tax Calculation Name: School/Office: PAN No.: Actual pay for the month of March-2025 to Feb-2026: Increment, D.A. Different, other arrears like ROP-2016: Saving Bank Account Interest: Total Income: Deductions Standard Deduction: Transportation Allowance: Taxable Income: Calculation of Income Tax Income Slab Tax Rate Tax Amount ₹0 - ₹4,00,000 0% ₹4,00,001 - ₹8,00,000 5% ₹8,00,001 - ₹12,00,000 10% ₹12,00,001 - ₹16,00,000 15% ₹16,00,001 - ₹20,00,000 20% ₹20,00,001 - ₹24,00,000 25% ₹24,00,001 and above 30% Total Income Tax: Tax Rebate u/s 87A (₹60,000/- for taxable income below ₹12,00,000): Payable Tax: Marginal Relief (If applicable): Payable Tax after Marginal Relief: Education Cess (4% on Income Tax): Total Tax: Tax Payable by the employee (Total Tax Payable Every Month): Calculate Tax
