Here’s how you can use the online income tax calculator for the year 2021-22:
Choose the financial year you want to calculate your taxes for
Select your age (in India, your tax liability depends on your age, hence it is imperative to fill in your correct age)
Select your gender, city of residence (metro or non-metro), enter your annual income, and click on ‘Next’
If you’ve made any tax-saving investments, enter the amount
Enter other details like House Rent Paid, Interest on Home Loan, Interest on Education Loan, Health Insurance Premium, etc.
Once you’ve filled in the appropriate details, click on ‘Calculate Tax’.
You will get details on taxable income and tax payable. In case any section isn’t applicable to you, enter ‘0’.