Latest Updates -
-The latest income tax slabs for 2017-2018 can be found here - Income tax slabs 2017-18.
-The latest free income tax calculator to calculate your latest tax and to compare your tax savings from previous year can be found here
Free Income Tax calculator for calculating tax for 2017-18.
Sahaj - for salaried people and Sugam - for small businessmen and professionals, are the two income tax returns filing forms introduced by the Income tax department aimed at simplifying income tax filing.
The forms are specially targeting the small businessmen and salaried persons and is another step in making tax filing more user friendly and simpler.
Government is also going ahead with the plans to exempt salaried income people earning below 5 lakhs from filing income tax returns. They only have to file their tax returns if they request any income tax refund.
