As per the new Pay Commission the some of the State Govt employees Salary Structure have different from other State and Central Govt Salary Pattern. Some of Benefits have also differ from another State Employees. Most of the Employees and also the most of the Govt Concerned have no sound knowledge that " how to calculate as well as Prepare the Income Tax for there employees.". Below Given the Excel Based Software which can prepare at a time your Income Tax Computed Sheet + Individual Salary Sheet+Individual Salary Structure of each State Govt Salary Pattern + Automatic Arrears Relief Calculation with Form 10E + Automatic House Rent Exemption Calculation + Automatic prepare the salary certificate Form 16 Part B and also Part A&B for the Financial Year 2015-16 and Assessment Year 2016-17.

The CBDT have already Notified that the Form 16 Part A is Mandatory to Download from the TRACES Portal ( www.tdscpc.gov.in), and it is mandatory to prepare the Form 16 Part B must be prepare by the Employer

Feature of this Excel Utility :-

• Automatic Calculate your Income Tax liability
• Automatic Prepare the Arrears Calculation with Form 10E
• Automatic Prepare the House Rent Exemption Calculation
• In built the Salary Structure of each State Govt Salary Pattern for calculating the Gross Salary Income
• Print facility of Individual Salary Sheet for submit to the employer
• Print facility of Individual Tax Computed Sheet for submit to the employer
• Automatic prepare Form 16 Part B and with Print facility of Form 16 Part B
• Automatic Prepare Form 16 Part A&B with Print facility of Form 16 Part A&B
• Automatic Convert the Amount in to the In Words
• You can prepare more than 100 employees TDS by this one Software.

 

Download the  State Govt employees All in One for FY 2015-16 [ This Excel Utility Can prepare at a time Tax Compute Sheet + Individual Salary Structure + Individual Salary Sheet + Automatic HRA Calculation U/s 10/13A) + Automatic Form 16 Part A&B and Part B as per the latest Finance Budget 2015]

On July 13, 2015 by www.taxexcel.net

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Download All in One TDS on Salary  for W.B.Govt employees for FY 2015-16

In the Finance Budget 2015 have some changes as previous Financial Year 2014-15, but the Tax Slab is Same as previous Financial Year. The Major Changes is Raised the some Tax Section which is given below :-

1 U/s 80 U :- Max Limit Rs. 75,000/- for General from 40% to 80% for Phy.Disable Person and Rs. 1,25000/- for more than 80%.

 2. U/s 10 Transport/Traveling  Allowance :- Max Limit Rs. 1600 P.M. for general and Rs. 3200/- P.M. for Phy.Disable persons.

3. U/s 80D Medical Health Insurance :- Max Limit Rs. 25,000/- for below 60 years age and Rs. 30,000/- for above 60 years age.

4. U/s 80CCC Pension Scheme :- Max Limit Rs. 1,50,000/-

5. U/s 80 DDB Sever Medical Treatment :- Max Limit Rs. 80,000/- instead of 40,000/-

6. U/s 80C :- One New deduction has incorporate as Sukanya Samriddhi Account for minor girl child who's age below 10 Years, and Max Limit Rs. 1.5000/-

7. U/s 80TTA relief from Savings Bank Interest is also entitled in this financial year up to Rs. 10,000/- who's taxable Income below Rs. 5 Lakh.

8. U/s 87A :- Tax Rebate Rs. 2,000/- is also entitled in this financial year as before.  

Download All in One TDS on Salary  for W.B.Govt employees for FY 2015-16

On June 22, 2015 by www.taxexcel.net

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All in One TDS on Salary for Non-Govt employees for the Financial Year 2015-16 & Assessment Year 2016-17 [ This Excel Based Software can prepare at a time your Tax Compute Sheet + Salary Structure as per Private Concerned Salary Pattern + HRA Calculation + Form 16 Part A&B and Part B + Form 12 BA ]

This Excel Utility have all the changes by the Finance Budget 2015-16. All the Tax Section have incorporate in this Excel Utility. 

The main Changes in the Income Tax for salaried person by the Finance Budget 2015-16 is given below:-

1.     Increase in the limit of deduction in respect of health insurance premium from Rs.15,000 to Rs.25,000. U/s 80D

2.     For senior citizens the limit will stand increased to Rs.30,000 from the existing Rs.20,000.U/s 80D

3.     For very senior citizens of the age of 80 years or more, who are not covered by health insurance, deduction of Rs.30,000 towards expenditure incurred on the treatment will allowed.

4.     The  deduction  limit  of  Rs.60,000  towards  expenditure  on  account  of specified diseases of serious nature is proposed to be enhanced to Rs.80,000 in case of very senior citizens U/s 80DDB

5.     The limit on deduction on account of contribution to a Pension Fund and the New Pension Scheme is proposed to be increased from Rs.1 lakh to Rs.1.5 lakh U/s 80CC

6.     Investments in Sukanya Samriddhi Account is already eligible for deduction under Section 80C Max. Rs.1.5 Lakh for Minor Girl Child below 10 Years  

7.     Transport allowance exemption is being increased from Rs.800 to Rs.1,600 per month U/s 10

On May 02, 2015 by www.taxexcel.net

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In the Finance Budget 2015 have some changes as previous Financial Year 2014-15, but the Tax Slab is Same as previous Financial Year. The Major Changes is Raised the some Tax Section which is given below :-

1 U/s 80 U :- Max Limit Rs. 75,000/- for General from 40% to 80% for Phy.Disable Person and Rs. 1,25000/- for more than 80%.

 2. U/s 10 Transport/Traveling  Allowance :- Max Limit Rs. 1600 P.M. for general and Rs. 3200/- P.M. for Phy.Disable persons.

3. U/s 80D Medical Health Insurance :- Max Limit Rs. 25,000/- for below 60 years age and Rs. 30,000/- for above 60 years age.

4. U/s 80CCC Pension Scheme :- Max Limit Rs. 1,50,000/-

5. U/s 80 DDB Sever Medical Treatment :- Max Limit Rs. 80,000/- instead of 40,000/-

6. U/s 80C :- One New deduction has incorporate as Sukanya Samriddhi Account for minor girl child who's age below 10 Years, and Max Limit Rs. 1.5000/-

7. U/s 80TTA relief from Savings Bank Interest is also entitled in this financial year up to Rs. 10,000/- who's taxable Income below Rs. 5 Lakh.

8. U/s 87A :- Tax Rebate Rs. 2,000/- is also entitled in this financial year as before.  

Download the Automatic Tax Calculator for W.B.Govt employees for FY 2015-16

On April 23, 2015 by www.taxexcel.net

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