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What is Income Tax Calculator AY 2015-16 about?

This document provides an income tax calculator for individuals and Hindu Undivided Families (HUFs) for the Assessment Year 2015-16 in India. It calculates taxable income by considering income from various sources like salary, house property, capital gains, and other sources. It then calculates total income after deductions under various sections. Finally, it shows the income tax amount payable according to income slabs and includes details on surcharge and marginal relief where applicable.

Author

Vasan Govind

Language

EN