Calculate Income Tax for the Assessment year 2019-20 (FY 2018-19) and 2020-21 (FY 2019-20) using Online Instant Income Tax calculator. Calculator calculates tax as per the tax rates applicable for the Financial Year 2018-19 and 2019-20. First select Financial year from the tab at bottom then Tax Payee type and then enter your taxable income after deducting Rs.40000 for FY 2018-19 and Rs. 50000 for FY 2019-20 (Standard deduction) in yellow colored Cells.
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