Income Tax Calculator Excel 2018 19
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Income tax calculation is one of the most complex tasks for the common man.
Income tax calculator excel 2018 19. A surcharge of 15 on income more than 1 crore. For income tax calculator for fy 2019 20 ay 2020 21 click here to download in excel for free. How to use income tax calculator fy 2018 19 excel template. Firstly insert personal information like your name your pan number and date of birth.
Excel based income tax calculator for fy 2019 20 ay 2020 21 3. 1 additional health cess taking total cess on income tax to 4 2 education cess 1 higher education cess continues. This date of birth will define your age using the datedif function. It is simple excel based calculator specially made for salaried people.
Though i am uploading the tax calculator after the end of the financial year this may be useful to cross verify the figures while filing the itr and you may want to include the income from house property income from capital gain from sale of stocks and equity oriented mfs etc. Standard deduction of rs 40 000 to salaried and pensioners. To simplify this task here is income tax calculator for the financial year 2018 19. To calculate interest for fy 2018 19 ay 2019 20 click here to download it in excel format for free.
Income tax calculator for financial year 2018 19 in excel for salaried individuals in india. Tax credit of 2 500 for income up to 3 50 000 under section 87a. Changes in income tax rules. This will marginally increase income tax for every tax payer.
Slabs are the same both for male female.
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