Calculate your post-Budget 2019 income tax liability with this latest income tax calculator 2019. In her maiden Budget, Finance Minister Nirmala Sitharaman made no changes to the income tax slabs but hiked surcharge on the super-rich. Those with a taxable income of Rs 2 to Rs 5 crore will now pay 39 per cent tax while those with more than Rs 5 crore income would pay 42.47 per cent. This Income Tax calculator will takes into account the changes announced in Budget 2019 to give you an understanding of your new income tax liability. This post Budget 2019 income tax calculator will incorporate new tax rebates, increased standard deduction, rental income from second house property, and will also cover detailed income, expense and investments heads.