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It is simple excel based calculator specially made for salaried people.
Income tax calculator fy 2019 20 excel. Income tax calculator for fy 2019 20 ay 2020 21 excel download. This calculator calculates income from. Budget 2019 has made some changes to income tax for individual the highlight being full tax rebate for individuals earning below rs 5 lakhs. Tax planning in the beginning of the financial year is always better instead of doing that at the end of the year in hurry.
Using this calculator you can calculate your income tax liability for fy 2018 19 ay 2019 20. Income tax calculator for the financial year 2019 20 for salaried individuals in india in excel. To simplify this task here is income tax calculator for the financial year 2018 19. You can use this calculator for calculating your tax liability for fy 2019 20 ay 2020 21.
This is useful for all individuals viz. This is an income tax calculator india for the fy 2019 20 ay 2020 21 and can be downloaded in excel format. To help them here is simple income tax calculator for the financial year 2019 20. This will help the individual to plan their investments in advance and submit necessary documents to their employer in time.
Income tax calculation is one of the most complex tasks for the common man. What are the uses of this utility. This is a lightweight but powerful excel tools for calculation generation and printing of salary statement income tax computation sheet hra rebate and form 16. This excel based income tax calculator can be used for computing income tax on income from salary pension gifts fixed deposit and bank interest house rent and capital gains short and long term gains.
Income tax calculator for fy 2019 20 in excel for salaried individual in india. Highlights of changes in fy 2019 20 in income tax return form. Normal citizen senior citizen very senior citizen. Income tax slabs remain unchanged as per previous year.
Standard deduction enhanced for salaried persons from 40 000 to 50 000 in fy 2019 20. Income tax calculator fy 2019 20 ay 2020 21 excel download.
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