Tax & Compliance Calculators

Simplify tax calculations and compliance with our comprehensive tax calculators. Plan your taxes, maximize savings, and stay compliant with Indian tax laws.

Tax Refund Calculator

Estimate your income tax refund or additional tax liability

Tax Refund: Calculate if you'll get money back or need to pay more tax

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Tax Refund Expected

You'll receive ₹60,200 as refund

₹60,200
10.0% of income
Quarterly payments
With ITR filing

Tax Calculation

Total Income:12,00,000
Taxable Income:10,50,000
Tax Liability:59,800
Tax Paid:1,20,000
Refund Amount:60,200
New Tax Regime
Higher basic exemption, no deductions

Tax Breakdown

Processing Timeline

Refunds are typically processed within 30-45 days of ITR verification

Tax Paid vs Tax Liability Comparison

💡 Refund Tips

  • File ITR early for faster refund processing
  • Complete e-verification within 120 days
  • Ensure correct bank details in ITR
  • Link PAN with Aadhaar for smooth processing

⚠️ Additional Tax

  • Pay additional tax before ITR due date
  • Late payment attracts interest under 234A
  • Use Challan 280 for additional tax payment
  • Update payment details in ITR form

📋 Documents Required

  • Form 16 (for salaried employees)
  • Bank statements showing TDS
  • Advance tax payment receipts
  • Investment proofs for deductions

📌 Important Notes:

  • This is an estimate based on simplified tax calculations
  • Actual refund may vary based on detailed tax computation
  • Include all sources of income for accurate calculation
  • Refund processing time may vary during peak season
  • Interest is paid on delayed refunds exceeding prescribed time
  • Consult a tax professional for complex tax situations