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Salaried Employee caclulate Tax Liability to deduct as TDS from Monthly Salary, How?

Salaried Employee after Union Budget 2014-15 project their saving and calculate tax to deduct as TDS from his monthly salary. For this many website has published free tax calculation utility but, apart from this here is simple and easy method to calculate Income Tax for Fin. Year 2014-15 i.s. Asstt. Year 2015-16 for specially Salaried Employee with Monthwise Salary Statement.  This utility calculates Annual Income Tax Liability and suggest to deduct TDS from August-2014.


TDS / TAX CALCULATION UTILITY


Download Latest TDS / TAX Calculation Utility for
Asstt. Year 2015-16

Exemption Limit of Income Tax for Asstt. Year 2015-16, Click Here.

Simple Method for Calculation of Income Tax with all exemptions  Click Here.

Latest TDS amendments applicable w.e.f. 01.10.2014 & TDS Rate for Asstt. Year 2015-16.

Penalties and prosecution, Click Here.