Tax Calculators

 As per central government the tax calculator as given below: 

calculating Income Tax and other details regarding tax click here

For the our staff we have prepared the excel sheet with formula inbuilt in the sheet.

The staff members are requested to download the concerned Excel file  and fill the detail in sheet named Back. For calculation of arrear please fill the detail of 7th pay commission basic pay in sheet named ArrearJan or ArrearJuly whichever is applicable.

1. For those whose salary fixed as per 7th pay commission from Nov,2016 paid in Dec-2016. and arrear from Jan 2016.

2. For those whose salary fixed as per 7th pay commission from Nov,2016 paid in Dec-2016. and arrear from Jul 2016.

For tax calculation please fill the enteries in Back sheet carefully. As some data will be fetched by front sheet and arrear sheet automatically from Back sheet.

Just enter some enteries in ArrearJan or ArrearJul sheet for new pay fixed in Jan,2016 &July,2016 then your arrear may be calculated automatically.

In front sheet just enter extra income, your savings, rebates for physically handicap if any and your tax will be calculated automatically.

For any query please call to Balwan  Singh, Lecturer in Computer Engg.