All in One TDS on Salary in Excel for the Non-Govt Employees for the Financial Year 2014-15 & Ass Yr 2015-16

Click here to Download All in One TDS on Salary for Non-Govt Employees for the Financial Year 2014-15 & Ass Year 2015-16[ This Excel Utility can prepare at a time Tax Compute Sheet + Individual Salary Structure + Automatic HRA Calculation+ Form 16 Part A&B and Part B]

As
per the new Finance Budget the Tax Slab has already enhance and also
Section 80C raised from 1,00,000/- to 1,50,000/-. Already the time of
TDS deposit of  Quarter ended (1st Quarter) is running as the First
Quarter Return have to submit by the July 14. So you should calculate
your Income Tax for the Financial Year 2014-15 as per the New Tax Slab. 



INCOME TAX SLAB FOR FINANCIAL YEAR 2014-15 is given below:-

Income Age (< 60 Years)
Tax Rate
Impact
Up to Rs 2,50,000
NIL
Rs. 5,000 (Savings)
Rs 2,50,001 to Rs 5,00,000
10 per cent
Rs. 5,000 (Savings)
Rs 5,00,001 to Rs 10,00,000
20 per cent
Rs. 5,000 (Savings)
Above 10,00,000     
30 per cent
Rs. 5,000 (Savings)
Here’s the tax slab for Senior Citizens:
Income (For Senior Citizens)(>60 & < 80 Years)
Tax Rate
Impact
Up to Rs 3,00,000
NIL
Rs. 5,000 (Savings)
Rs 3,00,001 to Rs 5,00,000
10 per cent
Rs. 5,000 (Savings)
Rs 5,00,001 to Rs 10,00,000
20 per cent
Rs. 5,000 (Savings)
Above 10,00,000     
30 per cent
Rs. 5,000 (Savings)
Tax Slab for an Individual (resident & above 80 years)

Income Slabs (> 80 Years)
Tax Rates
Total income up to Rs. 5 Lac
0% Tax
Total income above Rs. 5 Lac and below Rs.10 Lac
20% on Income exceeding Rs. 5 Lac
Total income more than Rs. 10 Lac
30% on Income exceeding Rs. 10 Lac + Rs. 1 Lac

1- Income tax section 87A provides the additional relief of 2000 to the income tax slabs 200000-5000000. This Section is continued also in this Financial Year 2014-15

2- Section 80TTA is already introduced in which interest on saving account is exempted up to Rs. 100000.
Various
Web Site sponsor the Income Tax Calculator for the Financial Year
2014-15, but this Excel Utility can prepare at a time your Income Tax
Calculation + House Rent Exemption Calculation + Form 16 Part B and Form
16 Part A&B. This Excel Utility made only for the Non-Govt
Employees. The Salary Structure in this utility built on the basis of
Non-Govt Salary pattern. It is most easy to calculate the Gross Salary
Income and reduce the time for preparation of all of Calculation by this
One All in One Excel Utility.

 Feature of this Utility:-

·        
Automatic Calculate Income Tax with Tax Computed sheet
individually

·        
Individual Salary Structure for calculating the Gross Salary
Income 

·        
Salary Structure have prepare on the Basis of Non
Govt Salary Pattern

·        
Automatic Calculate the House Rent Exemption Calculation U/s
10(13A)

·        
Automated Form 16 Part A&B

·        
Automated Form 16 Part B

·        
Automatic Convert the Amount in to In Words

Click here to Download All in One TDS on Salary for Non-Govt Employees for the Financial Year 2014-15 & Ass Year 2015-16

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