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Tax reckoner

Figuring out what exactly you owe the taxman is at best a taxing job. Fortunately, however, you don't have to be a chartered accountant to unravel the intricacies of filing a return. Whether you are salaried or self-employed, this reckoner will help you get a fix on your tax liability. Remember to factor in your income from various sources -- house property, that blue-chip stock, a lucky day at the races or some clever answers on Kaun Banega Crorepati. You may also be eligible for tax write-offs that you knew little about. It's time to take charge of your tax matters. Begin by computing your tax liability.

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