The article explains how labour code reforms have increased retirement-related contributions, reducing immediate take-home salaries. It highlights the need for payroll transparency and employee awareness regarding compensation structures.
The article introduces an advanced tax calculator that automatically compares the old and new tax regimes. It helps employees and payroll teams determine the most tax-efficient option while ensuring accurate tax computation.
Compare Old vs. New Tax Regimes for FY 2025-26. Check tax slabs, deductions, rebates, and use the tax calculator to estimate your tax liability.
Explore the Income Tax Calculator for the Financial Year 2024-25, offering insights on tax planning, deductions, and regime suggestions for salaried employees. Plan your taxes wisely.
Download Automatic Income Tax Calculator in Excel Format for Financial Year 2023-24 (AY 24-25) for salaried employees of government & private sector.
Article contains Automatic Income Tax Calculator in Excel Format for Financial Year 2022-23 (FY 22-23) i.e. Income Tax Assessment Year 2023-24. Income Tax Calculator is Useful for the salaried employees of government and private sector. “Let everyone be subject to the governing authorities, for there is no authority except that which God has established. Give to […]
On March 31, 2021, the Ministry of Finance released a notification on slashing the interest rates of all the Small Saving Schemes, and the same notification rolled back by the Ministry on April 1, 2021, by terming that the Order is issued by oversight! Whether it is a correction of an oversight error or a […]
Article contains Income tax calculator for salaried employees for Financial Year (F.Y.) 2020-21 or Assessment Year (A.Y.) 2021-22 in Excel Format. As we begin the new financial year, there was a demand for extension of FY 2019-20 to June 30, 2020, owing to the COVID – 19 outbreaks. However, the Government has not announced any […]
Income Tax Calculator in Excel; Format for Financial Year 2020-21 / Assessment Year 2021-22 The Finance Minister has proposed to bring a new and simplified personal income tax regime, wherein income tax rates will be significantly reduced for the individual taxpayers who forego certain deductions and exemptions, however the same is options to individual. Hence […]
The Financial Year end is round the corner, and shortly, all employees are required to submit the investment proofs for the year 2019-20. Since the Income tax department made it very clear to all employers to verify the geniuses of each claim made by the employee (circular 1/2017), the document verification will be more stringent […]
