Income Tax Calculations – Financial year 2016-17 Assessment year 2017-18

/* Function to calculate Income tax input is taxable income. Function created on 3rd September 2014 Function created by Shubharaj Buwa */ function tax(input) { if (input < 250001) { return “0”; } else if (input > 250000 && input < 500001) { return ((input – 250000)* 5 /100); } else if (input > 500000…

AY 2017-18 AY 2018-19 AY 2019-20 AY 2020-21 AY 2021-22 AY 2022-23