TAX CALCULATION SOFTWARE FOR SALARIED EMPLOYEE
FOR ASSTT. YEAR 2015-16
We would like to inform you that with reference to circular No. 17/2014 dated 10.12.2014 issued by Income Tax Department to calculate Income Tax with all qualifying Deduction from Annual Salaries for Financial Year 2014-15 under section 192 of the Income Tax Act, 1961. Salaried employee can easily calculate their Tax liability and generate Form 16. This is the final updated Tax Calculation utility for every salaried employee for the Asstt. Year 2015-16 with Form 16, monthwise salary statement, tax calculation sheet.
Facility of this software:
It is easy wat to Calculate Income Tax including Month-wise Salary Statement and Form 16 (Annexure "A" and "B") in TRACE format. This utility helps to employee to calculate tax liability with all applicable deductions, exemptions etc.
This utility covered by Deduction of Chapter-VIA and other Deductions as per circular of Income Tax Department for Salaried Employee.
This Software is based on Income Tax circular issued by Income Tax Department for Salaried Employee for Assessment Year 2015-16.
Physical Requirements:
- OS required Windows-2000, XP, Vista, Windows-7, Windows-8 etc.
- MS Office-7 or Above Version is required.
- Printing Facility Provides on Inkjet, Ledger Printer and other printers.
- Required Standard A4 Size Paper Sheets.
Data Entry:
- Only "White" Cells are provide for input data.
- Press Mouse Buttons for applications which you want to operate.
Key Features:
- It maintain Each Employee Data.
- It Calculate Gross Income as per current D.A. Rates automatically as per Government D.A. Rates.
- It Provides Facility to Enter Data Manually along with all Arrears etc.
- It Calculate Tax Liability.
- It Display Month-wise Salary Statement for Asstt. Year 2013-14.
- It Generate TDS Certificate (Form 16) Automatically with Annexure "B".
Income Tax Slab for Asstt. Year 2015-15 (Click Here)
