Download Free Income Tax Calculator FY 2014-15 in Excel – Taxation time started, everyone is busy in calculating their Income Tax to be paid by end of March 2015. It has been seen that there are chances of wrong calculation of Income Tax if done manually.
The excel based income Tax Calculator are easy to calculate the Tax including correct measure of Taxation slabs and deduction. This is the excel based Income Tax calculator for easy calculation of Income Tax and earning calculation with deduction under each section of Income Tax Rule.
This Excel Based Utility for Income Tax Calculation for best for Employer or HR department who are having a complex task for calculation and generation of Form 16. Easily calculate the Earning Record along with Tax 5 form with Form 16 for each employee.
[button color=”red” size=”medium” ]Features of Income Tax Calculator[/button]
1. This excel based calculator are used for creation of earning record of each month including the recovery made any
2. Calculation are given for Salary income. Other Income, Rent Paid etc
3. Easy provision for perquisite if paid especially for employees. Government Employees. Banking Employees etc
4. Easy summation for Tax calculation under each section of Deduction
5. Auto creation of Form 16 for FY 2014-2015, AY 2015-2016
Income Tax Slab Rates for financial year 2014-2015 – AY: 2015-16
| For Men | |
| Upto Rs. 2,50,000 | Nil |
| Rs. 2,50,001 to Rs. 5,00,000 | 10 per cent |
| Rs. 5,00,001 to Rs. 10,00,000 | 20 per cent |
| Above Rs. 10,00,000 | 30 per cent |
| For Women | |
| Upto Rs. 2,50,000 | Nil |
| Rs. 2,50,001 to Rs. 5,00,000 | 10 per cent |
| Rs. 5,00,001 to Rs. 10,00,000 | 20 per cent |
| Above Rs. 10,00,000 | 30 per cent |
| For resident individual of 60 years or above (Senior Citizens) | |
| Upto Rs. 3,00,000 | Nil |
| Rs. 3,00,001 to Rs. 5,00,000 | 10 per cent |
| Rs. 5,00,001 to Rs. 10,00,000 | 20 per cent |
| Above Rs. 10,00,000 | 30 per cent |
| For resident individual of 80 years or above (Very Senior Citizens) | |
| Upto Rs. 5,00,000 | Nil |
| Rs. 5,00,001 to Rs. 10,00,000 | 20 per cent |
| Above Rs. 10,00,000 | 30 per cent |
[button color=”red” size=”medium” link=”http://www.rajmanglam.com/wp-content/uploads/2015/01/INCOME-TAX-CALCULATOR-FY-2014-15-RAJMANGLAM.COM_.xls” target=”blank” ]Download Income Tax Calculator 2014-15 [/button]
