Download the Automated Master of Form 16 Part A & B for prepare at a time 50 employees Form 16 Part A &B for Financial Year 2016-17 and Assessment Year 2017-18.

This Excel Based utility can prepare at a time 50 employees Form 16 Part A&B for F.Y.2016-17. Some of the Concerned have not downloaded the Form 16 Part A from the TRACES Portal, thy can use this Excel Utility.

Feature of this Excel Utility :-

1) Automatic Prepare at a time 50 employees Form 16 Part A&B  for F.Y.2016-17

2) Most easy to generate this Excel Utility, just like any Excel File

3) You can prepare more than 1000 employees Form 16 Part A&B by this One Software.

4) Automatic Convert the Amount into the In Word without any Excel Formula

5) All amended Income Tax Section have in this utility as per the Finance Bill 2016-17

On November 10, 2016 by www.taxexcel.net

Share It

No Comments

Read More

Many individuals have a Public Provident Fund (PPF) Account, but, they might not know that they can really maximize their returns if they take some very prudent steps. This is one of the most popular and safe investments the country has, even as it provides one of the highest interest rates, beating even bank deposits. Did you know that you can actually make more money from the Public Provident Fund? Let us explain, with some examples, how you can do so.

Download All in One Income Tax Preparation Excel Based Software for Central & State Govt Employees for F.Y.2016-17 [ This Excel Utility can prepare at a time Individual Salary Sheet + Individual Salary Structure for Central & all State Employees + Individual Tax Computed Sheet + Automatic H.R.A. Calculation + Automated Form 16 Part A&B and Form 16 Part B for F.Y.2016-17 as per the Finance Bill 2016

Deposit money before the 5th of each month Not many individuals know, that the interest on the Public Provident Fund (PPF) is calculated on lowest balances in the account between 5th and last day of the month. In simple terms, what this means is that if you deposit the amount after the 5th of the month, you will lose interest for that month.

The ideal way to get returns from PPF The best way to get maximum returns is to deposit the amount on April 1. In fact, we suggest that you deposit the entire amount in lump sum. Of course, if you do not have a lump sum, then as suggested you should please deposit the amount before the 5th of every month. We suggest lump sum on April 1, because PPF gives you a very high-interest rate of 8.1 per cent, as against 7.5 per cent in government deposits.

How much do you lose? There are many individuals who ask: how much would I actually lose if I do not deposit the amount before the 5th of each month? If you work on the assumption that you would invest the entire amount that is permitted at Rs 1.5 lakhs, over 15 years by not depositing before 5th, you could end up losing around Rs 31,000.

The biggest draw is interest rates If you have never invested in the PPF and are in your 20s and 30s, you simply should. The Public Provident Fund almost always gives you higher interest rates than bank deposits. SBI Deposits offer you an interest rate of 7.50 per cent at best. The PPF currently, offers you an interest rate of 8.10. Though the government reviews interest rate on small savings every quarter, we do not see these interest rates falling below that of Bank deposit rates.

Dual tax benefits Very few instruments in this country, offer you two different types of tax benefits. The PPF allows you the tax benefit under Sec 80C of the Income Tax Act and the interest income is also free from tax. All along a win-win situation. At the moment the maximum amount that you can place in the PFF is Rs 1.5 lakhs. We suggest that you place the entire amount of Rs 1.5 lakhs, because of the tax benefits and the high-interest rates.

Source from goodreturns.in

On October 08, 2016 by www.taxexcel.net

Share It

No Comments

Read More

New Amended Automatic Form 16 in Excel Format for the Financial Year 2016-17 and Ass Year 2017-18

      As per the Income Tax Department's Notification Number 11/2013 dated 19/02/2013, has already changed the format of the  Income Tax Form 16. The new Form 16 have in two parts.One is Form 16 Part A and another is Form 16 Part B. The Form 16 Part A is mandatory to download from the TRACES PORTAL(http://www.tdscpc.gov.in) and the Form 16 Part B mandatory to prepare by the employer of the employees.

      The Form 16 Part A have all details of Tax Deduction portion of the employee and Form 16 Part B have all Salary and deductions details of the employee.

 The New Amended Form 16 is given below in Excel Format as well as the Link for download the Notification of ITD about the changes of Form 16.

      This Excel-based Software can prepare the Automatic Form 16 for the Financial Year 2016-17 and Assessment Year 2017-18, this Utility can use the both of Govt and Non-Govt employees.

Click below link to download all type of Form 16 Part A&B and Part B for F.Y.2016-17 & A.Y.2017-18

1) Download Automated Form 16 Part A&B and Part B for F.Y.2016-17 [ This Excel Utility can prepare One by One Form 16 Part A&B]

2) Download Automated Form 16 Part B for F.Y.2016-17 [This Excel Utility can prepare One by One Form 16 Part B]

3) Download Automated 100 employees Master of Form 16 Part A&B for F.Y. 2016-17 [ This Excel Utility can prepare at a time 100 employees Form 16 Part A&B]

4) Download Automated 50 employees, Master of Form 16 Part A&B F.Y. 2016-17 [ This Excel utility can prepare at a time 50 employees Form 16 Part A&B]

5) Download Automated 100 employees Form 16 Part B for F.Y.2016-17[ This Excel Utility can prepare at a time 100 employees Form 16 Part B]

6) Download Automated 50 employees, Master of Form 16 Part B with 12 BA [This Excel utility can prepare at a time 50 employees Form 16 Part B With 12 BA ] 

7) Download Automated 50 employees, Master of Form 16 Part B with 24Q + 26Q [This Excel Utility can prepare at a time 50 employees Form 16 Part B With    24Q & 26Q] 

8) Download Automated 50 employees All in One Master of Form 16 Part B With Individual Salary Structure for F.Y.2016-17.[ This Excel Utility can Prepare at a time 50 employees Form 16 Part B with Individual Salary Structure]

The Central Budget 2016, the Income Tax Rebate is Rs. 5,000/- vide U/s 87A can be avail who's Taxable Income less than 5,00,000/-. New Section has also included previously as U/s 80 TTA ( Relief from Savings Bank Interest up to 10,000/-) and U/S 80 CCG ( Rajiv Gandhi Equity Bond ).

All the Feature of New Central Budget have in this Excel Based Software, and you can view all Income Tax Section at a glance.

On September 04, 2016 by www.taxexcel.net

Share It

No Comments

Read More