February 23, 2018

Prepare at a time Private employees Tax Compute Sheet + Salary Sheet + HRA Calculation + Form 16 Part A&B and Part B for FY 2017-18 & AY 2018-19

Download the All in One TDS on Salary for Non-Govt employees for Assessment Year 2018-19[ This Excel utility can prepare at a time individual salary structure + individual salary sheet + Automatic HRA Calculation + Automated Form 16 Part A&B and Form 16 Part B + Automatic Form 12 BA for A.Y.2018-19]

 Feature of this Excel Utility[ All in One for Pvt employees]

1. This Excel Utility can prepare at a time Tax Compute Sheet +HRA Calculation +Form 16 Part A&B and Part B FY 17-18 & AY 18-19.

3. This Excel Utility can provide Only Private Concerned.

4. This Excel Utility attach the Annexure A and Annexure B as you like can change by option in Form 16

5. This Utility has also provided the Automatic Number to Word Convert, like as magic, no need to install any Add-ins or any Excel Formula 

In the Finance Budget 2017 have some changes as previous Financial Year 2017-18, but the Tax Slab is Same as previous Financial Year. The Major Changes is Raised some Tax Section which is given below:-

1. U/s 80 U:- Max Limit Rs. 75,000/- for General from 40% to 80% for Phy.Disable Person and Rs. 1,25,000/- for more than 80%.

2. U/s 10 Transport/Traveling  Allowance:- Max Limit Rs. 1600 P.M. for general and Rs. 3200/- P.M. for Phy.Disable persons.

3. U/s 80D Medical Health Insurance:- Max Limit Rs. 25,000/- for below 60 years age and Rs. 30,000/- for above 60 years age.

4. U/s 80CCC Pension Scheme:- Max Limit Rs. 1,50,000/-

5. U/s 80 DDB Sever Medical Treatment:- Max Limit Rs. 80,000/- instead of 40,000/-

6. U/s 80C:- One New deduction has incorporated as Sukanya Samriddhi Account for minor girl child who's age below 10 Years, and Max Limit Rs. 1.5000/-

7. U/s 80TTA relief from Savings Bank Interest is also entitled in this financial year up to Rs. 10,000/- who's taxable Income below Rs. 5 Lakh.


8. U/s 87A :- Tax Rebate Rs. 2,5,00/- is also entitled to the F.Y. 2017-18 who’s Taxable Income Less than 3.5 Lakh.

Download the All in One TDS on Salary for Non-Govt employees for Assessment Year 2018-19[ This Excel utility can prepare at a time individual salary structure + individual salary sheet + Automatic HRA Calculation + Automated Form 16 Part A&B and Form 16 Part B + Automatic Form 12 BA for A.Y.2018-19]

 Feature of this Excel Utility[ All in One for Pvt employees]

1. This Excel Utility can prepare at a time Tax Compute Sheet +HRA Calculation +Form 16 Part A&B and Part B FY 17-18 & AY 18-19.

3. This Excel Utility can provide Only Private Concerned.

4. This Excel Utility attach the Annexure A and Annexure B as you like can change by option in Form 16

5. This Utility has also provided the Automatic Number to Word Convert, like as magic, no need to install any Add-ins or any Excel Formula 

In the Finance Budget 2017 have some changes as previous Financial Year 2017-18, but the Tax Slab is Same as previous Financial Year. The Major Changes is Raised some Tax Section which is given below:-

1. U/s 80 U:- Max Limit Rs. 75,000/- for General from 40% to 80% for Phy.Disable Person and Rs. 1,25,000/- for more than 80%.

2. U/s 10 Transport/Traveling  Allowance:- Max Limit Rs. 1600 P.M. for general and Rs. 3200/- P.M. for Phy.Disable persons.

3. U/s 80D Medical Health Insurance:- Max Limit Rs. 25,000/- for below 60 years age and Rs. 30,000/- for above 60 years age.

4. U/s 80CCC Pension Scheme:- Max Limit Rs. 1,50,000/-

5. U/s 80 DDB Sever Medical Treatment:- Max Limit Rs. 80,000/- instead of 40,000/-

6. U/s 80C:- One New deduction has incorporated as Sukanya Samriddhi Account for minor girl child who's age below 10 Years, and Max Limit Rs. 1.5000/-

7. U/s 80TTA relief from Savings Bank Interest is also entitled in this financial year up to Rs. 10,000/- who's taxable Income below Rs. 5 Lakh.


8. U/s 87A :- Tax Rebate Rs. 2,5,00/- is also entitled to the F.Y. 2017-18 who’s Taxable Income Less than 3.5 Lakh.

February 22, 2018

How to Reduce your Tax through some Income Tax Section with Automatic Form 16 Part B and All in One and Automatic HRA Calculator and Arrears Relief Calculator for Financial Year 2017-18



Some of these exemptions/ deductions are discussed below as per the Income Tax Rules
House Rent Allowance (HRA) U/s 10(13A) - Supporting documents for rent payments to the landlord are required to be submitted to claim the tax exemption on HRA. However, if the HRA received per month is Rs 3,000 or less, the employee need produce any supporting documents for such rent payments, at the time of assessment/ inquiry, shall still have the right to call for the supporting documents.


Some of these exemptions/ deductions are discussed below as per the Income Tax Rules
House Rent Allowance (HRA) U/s 10(13A) - Supporting documents for rent payments to the landlord are required to be submitted to claim the tax exemption on HRA. However, if the HRA received per month is Rs 3,000 or less, the employee need produce any supporting documents for such rent payments, at the time of assessment/ inquiry, shall still have the right to call for the supporting documents.

February 21, 2018

Download Automated TDS on Salary All in One for Bihar State Employees for F.Y.2017-18

As the Income Tax Slab has already changed by the Finance Budget for the Financial Year 2017-18. 
Tax Rate up to Rs. 2.5 Lakh is NIL
As the Income Tax Slab has already changed by the Finance Budget for the Financial Year 2017-18. 
Tax Rate up to Rs. 2.5 Lakh is NIL

Automated All in One TDS on Salary for West Bengal Govt employees for F.Y.2017-18

As per the Finance Budget 2017, the Income Tax has changed and new Tax Slab Rate has produced.
The Income Tax Rebate U/s 87A has reduced from Rs. 5,000/- who's taxable income less than 5 lakh but by the Finance Budget 2017 has reduced the Tax Rebate  Rs. 2,500/- who's Taxable Income less than 3.5 Lakh.
As per the Finance Budget 2017, the Income Tax has changed and new Tax Slab Rate has produced.
The Income Tax Rebate U/s 87A has reduced from Rs. 5,000/- who's taxable income less than 5 lakh but by the Finance Budget 2017 has reduced the Tax Rebate  Rs. 2,500/- who's Taxable Income less than 3.5 Lakh.

 
Related Posts Plugin for WordPress, Blogger...