Employee's Details Sheet
Employee's Details Sheet
Download Automated All in One Tax Preparation Excel Based Software for Govt and Non-GovtEmployees for Financial Year 2015-16 and Ass Year 2016-17 [ This Excel Utility Can prepare both of Govt and Non Govt employees Individual Tax Compute Sheet + Individual Salary Structure +Automated House Rent Exemption Calculation + Automatic Arrears Relief Calculation with Form 10E + Automatic Form 16 Part A&B and Part B for F.Y.2015-16 as per Budget 2015-16]
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Employees Salary Structure for Govt & Non-Govt Employees
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Important Highlights of The Financial Budget 2015-15 Ay 2016-17
- Accidental Claim for Jan Dhan Yojana raised to RS 2 Lakhs
- Tax Free Infrastructure bonds for Indian Railways and Roads.
- Government to launch PM Suraksha Bhima Yojana which will give a Life insurance of Rs 2 Lakhs for Rs 12.
- Government to launch their own gold coins with Ashoka Sign
- The Prestigious ISM Dhanabad would be given IIT Status
- The Security Related Fund called Nirbhaya fund has been given Rs 1000 Cr
- Visa on arrival has been a big hit and it is currently allowed to 43 countries, it would be increased to 143 countries.
- There would be an increase of AIIMS college. 5 More States will get AIIMS
- Corporate Tax has been reduced by 5 percent and now it will be 25%. (This is a good news to corporate sector)
- PAN Card compulsory for all transactions above Rs 1 Lakhs
- Sukanya Samriddhi Yojana contribution to be tax free.
Others Tax Benefits in Budget FY 2015-16 AY 2016-17
- 100 Percent Tax deduction for Swach Bharat and Clean Ganga Donations.
- 80CC Limit for Fy 2015-16 same to Rs 1.5 lacks
- Maximum Limit to PPF for FY 2015-16 same as Rs 1.5 lacks
- Medical Insurance Tax Exemption benefit increased from Rs 15 thousand to Rs 25 thousand
- Transport Exemption Doubled to Rs 1600 from Rs 800 Per month.
