Click here to Download Automated Income Tax Calculator for the West Bengal Govt employees for the Financial Year 2014-15 and Assessment Year 2015-16
As per the Latest Central Budget the Income Tax Slab has raised from 2,00,000/- to 2,50,000/- below 60 years age and Sr.Citizen below 80 and above 60 years age is enhance the Slab up to Rs. 3,00,000/- instead of Rs. 2,50,000/- and Most Sr.Citizen is the same as before.The Financial Year 2014-15 is in the middle time as this month is July 2014 and the 1st Quarter of Return Filling has already started through the 24Q and 26Q. But the Central Budget introduce in this Month and some of employees are confused about what will be the Tax Slab and other Tax Changes. In this Central Finance Budget made changes in the Income Tax Section 80C where the Max deduction was Rs.1,00,000/- this enhanced up to Rs. 1,50,000/- and the Non Govt employees also entitled in the Section of 80CCD ( Pension Fund). One more Item introduce in this Budget that the Kissan Vikas Patra (K.V.P.) U/s 80C and the P.P.F. (Public Provident Fund) limit enhanced up to Rs. 1,50,000/-
Also as per the previous Year the Tax Rebate Rs.2,000/- and Relief from Savings Bank Interest U/s 80 TTA has continue in this Financial year.
As per the New Finance Budget it is necessary to calculate the Income Tax Liability for the Financial Year 2014-15 and Assessment Year 2015-16.
Here is give below the Excel Based Automated Income Tax Calculator only for the West Bengal Govt Employees TDS on Salary with Salary Structure + Individual Tax Computed Sheet for the Financial Year 2014-15.
Click here to Download the Automated Income Tax Calculator for the W.B.Govt employees for the Financial Year 2014-15.
