In the month of December, the CBDT had issued a circular for Salaried Employee regarding, How to Calculate Income Tax for the Asstt. Year 2015-16. The salaried Employee can calculate Income Tax Liability before submitting Salary Bill of Feb., 2015 by this calculator. This calculator is specially for Salaried Employee developed under sec. 192 of the Income Tax Act, 1961. This Tax calculation utility helps to save tax and actual tax liability.
Key Features :
- It is easy to Calculate Income Tax.
- Month-wise Salary Statement.
- It calculate tax liability with all applicable deductions, exemptions etc.
This utility updated with CBDT circular dated 10.12.2014 for salaried Employee and covered all Deduction under Chapter-VIA including other Deductions.
This Tax Calculation utility is for Salaried Employee for Assessment Year 2015-16.
Requirements :
- OS required Windows-2000, XP, Vista, Windows-7, Windows-8 etc.
- MS Office-7 or above version.
Data Entry:
- Only "White Cells are for Data Entry.
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