Income Tax Calculator FY 2012 – 2013 – Updated Version 2

Readers, in my earlier post there was a minor mistake due to unclear in the statement made in the current proposed budget, that is the 80CCF instrument (Infrastructure bonds).

Income Tax Calculator FY 2012 – 2013

On last Friday (16-March-2012), our Finance Minister Mr. Pranab Mukherjee has announced an union budget of India for FY 2012 – 2013. Though the budget was not so impressive for a common man, we should be aware of how much tax we would pay on the current slab.