Income tax rate slab changed for financial year 201415 and the analysis year 201516 on the union budget. For individuals other than female taxpayers, senior taxpayers of 65 years and above, retarded taxpayers and gazetted warwounded freedom fighter, income tax. Now you can scroll down below n download income tax calculator for fy 2015 16 in excel format. Form 16 is requred to be prepared by the deductoremployer manually and issued to the deductee employee alongwith the part a of the form no. Tds form 16 in excel featured with auto income tax. The it calc fy 201516 includes nsc interest calc, rent receipt form and computation sheet.
Calculate the income tax liability for financial year 201415 assessment year 201516 if the tax payer is. Various examples of calculation of income tax learn. Download tax computation ay 201516 file in xls format. Prepare the following given sheet in ms excel as per your need for incometax calculation. Tax deductions step 2 income tax calculator ay 201819. This file includes income tax calculator, it form, form 16 and hra calculator. Download income tax calculator for fy 201415 ay 201516. Download form 16 part b with tax calculation formulas for. Excel tds form16 automatic certificateay 201516 download. Download income tax calculator fy 201516 salaries file. Income tax slab for fy 201516 ay 201617 there is no change in income tax slabs except additional 2% increase in cess for super rich i. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. Income liable to tax at normal rateshort term capital gains covered us 111a 15%.
If you want to continue this discussion or have a follow up question, please post it on the network. Income tax calculator fy 201415 ay 201516 in excel format. The tax slabs have remain unchanged but there have been some changes in terms of transport allowance, medical insurance benefits and exemption for physically challenged tax payers. Income tax calculator, software on excel sheet for financial year 201415 assessment year 201516. Income tax calculator calculate your taxes using tax calculator. The income tax calculator is an easy to use online tool which provides you an estimation of the taxable income and tax payable once you provide the necessary details. The relief under section 891 is allowable in the assessment year in.
Income tax calculator for financial year 201516 263. The user is required to fill the data in a pop up form and excel form 16 is updated automatically with. Net taxable income your tax computation income tax. Excel auto income tax calculator ay 201617 fy 201516. The income tax liability in the new tax regime will be.
If you want to calculate income tax for any individual for the assessment year 201516 as per the given table with the help of nestedif function in ms excel, then you have to take following few important steps. Income tax calculator how to calculate income tax for fy 20202021. Now income tax exemption is raised by 50000 to 250000. Fifth calculate income tax for the financial year in which the arrears is.
Due date of filing income tax return for the ay 201516 has been extended by cbdt from 31st july 2015 to 31st august 2015. Income tax calculator for financial year 2015 16 assessment year 201617 in excel format. Income tax calculation 2015 16 xls download citehr. Several websites offer income tax calculators in an excel sheet format which. Income tax calculator calculate income tax online for fy 202021. All about tax deductions and the net paid income are detailed in form 16 that. How to calculate income tax for fy 202021 the economic times. Download income tax calculator for fy 2015 16, download latest income tax calculator for ay 201617 or fy 2015 16 in excel format.
Income tax calculator for fy 201920 ay 202021 excel download. We highlight the changes and give you the new tax calculator for fy 201920. Excel form 10esalary arrears relief calculator ay 202021 free. Rate of education cess is 2% of the total service tax. Gross total income from salary, 16,50,000, 20,72,000. Abcaus excel based auto fill form 16 for ay 201516 fy 201415 is very simple and user friendly. Income tax calculator for fy 201516 ay 201617 excel based. Attached is the income tax calculator with flexi allocation kit for the fy 2015 2016. More than rs rs 15,00,000, 30% 30% of rs 20,92,000 less rs 15,00,000, 1,77,600. Download simple income tax calculator in excel format for salaried persons for financial year 201415 assessment year 201516. Any assessee having total income of more than five lakh rupees. I have prepared income tax calculation sheet of fy 201415, ay 201516 for general purpose. Abcaus excel income tax calculator for assessment year 201516 fy 201415 makes computation of income tax.
Filed under budget, budget 2015, calculators, income tax, taxes. Learn how to calculate income tax online or calculate your taxable income for fy 201920. If you can not file the return within the due date, you can still file the belated return us 94 upto 31. Quick excel income tax calculator for fy 201516 ay 201617. From the assessment year 201516 onwards the following assessees other than an individual of the age of 80 years or more at any time during the previous year.
Income tax calculator fy 201415 excel, free download. Income tax calculator for last 6 years including ay 201516. Income tax calculator how to calculate income taxes online. Income tax calculator for india, download excel based tool. This downloadable income tax calculator, calculate tax on your income for for financial year 201415 assessment year ay 201516 automatically without any hassle.
Calculate your tax in less than 5 minutes this calculator is very simple to compute the tax. Therefore, your net taxable income will be rs 15, 40,000 rs 16 lakh minus rs 60,000. Income tax form16 is a tax dedcution salary certificate us 203 of incometax act, 1961 for tax deducted at source from income chargeable under the head. The union budget for 2015 was presented today by arun jaitely. Income tax rates 20142015 for filing individual tax returns. Long term capital gains covered under section 112a 10%. Income tax calculator for fy 201415 ay 2015 16 351. Income tax calculator calculate taxes for fy 201920.
Income tax calculator fy 201920 ay 202021 excel download. Tax rebate of rs 2000 to resident individuals whose total income is less than rs 5,00,000. The steps to use the tool are as given below choose your age bracket. Simple tax calculator for the use of salaried employees of govt and private sector, basis the latest budget changes. Simple income tax calculator cum flexi allocation kit, for the use of salaried employees of govt and private sector, basis the latest budget proposals.