Tax Calculation Table For Financial Ye

SALARY DETAILS
Salary Structure

Monthly

Months
Gross Salary
12

Yearly

Non Taxable
800
HRA Exempted (Pls fill HRA Calc Sheet)
Any Other Income

9,600
-

Gross Salary

(9,600)

Deductions
Less Savings : u/s 80 upto 1.5 Lac

Repayment of Self Occupied: Principal

Housing Loan: Interest u/s 24(b)

Mediclaim Policy: U/s 80D

Higher Educ. Loan Interest Paid: U/s 80E

Bank Interest: U/s 80TTA
Donations: U/s 80G

Saving Expempted
Taxable Salary
Tax Already Deducted (TDS)
Remaining Months in Current Fin.Yr.

(9,600)
12

Note:
Only sky blue colour cell can be changed i.e., Monthly Salary,
Months, Non-taxable and savings & Remaining Months
Month
Gross Salary
CTR
TDS-Paid
April
12
May
11
June
10
July
9
August
8
September
7
October

November
December
January
February

5
4
3
2

March
Total

1
78

Developed by Vivek Sang, Rishik

Please mail your suggestions on m

nancial Year 2014-15 (Based on Monthl

Taxable Salary->

For Men
From

UPTO

250,001
500,001
1,000,001

250,000
500,000
1,000,000
& Above

Tax % Tax Amt

0
0
10
25,000
20
100,000
30
0
Tax Rebate u/s 87A
Sub Total

Tax Calculation
(2,000)
-

For Women
From
250,001
500,001
1,000,001

UPTO
250,000
500,000
1,000,000
& Above

Tax % Tax Amt

0
0
10
25,000
20
100,000
30
0
Tax Rebate u/s 87A
Sub Total

Tax Calculation
(2,000)
-

For Senior Citizen Age >=60 and <80

From
300,001
500,001
1,000,001

UPTO
300,000
500,000
1,000,000
& Above

Tax % Tax Amt

0
0
10
20,000
20
100,000
30
0
Tax Rebate u/s 87A
Sub Total

Tax Calculation
(2,000)
-

For Senior Citizen Age >=80

From

UPTO

Tax % Tax Amt

Tax Calculation

500,001
1,000,001

500,000
1,000,000
& Above

0
0
20
100,000
30
0
Tax Rebate u/s 87A
Sub Total

(2,000)
-

ek Sang, Rishikesh.
Mobile # +91-9837087627
uggestions on my email ID: toviveksang@gmail.com

d on Monthly Salary)
Taxable Salary->
Surcharge
10%

(9,600)
Cess
3%

Total Tax

TDS Deducted
Monthly TDS

Surcharge
10%

Cess
3%

Total Tax

TDS Deducted
Monthly TDS

Surcharge
10%

Cess
3%

Total Tax

TDS Deducted
Monthly TDS

Surcharge

Cess

Total Tax

10%

3%

TDS Deducted
Monthly TDS

7087627
mail.com

HRA Calculation Sheet u/s 10(13A) Rule 2A

HRA - Calculation on Monthly Basis
Month
Received
Paid (N-1)
Metro City
Cond-1
Cond-2
Cond-3
Exempted
April
6,000
6,000
May
6,000
6,000
June
6,000
6,000
July
6,000
6,000
August
6,000
6,000
September
6,000
6,000
October
6,000
6,000
November
6,000
6,000
December
6,000
6,000
January
6,000
6,000
February
6,000
6,000
March
6,000
6,000
Total
72,000
72,000
Annual Calculation
72,000.00
Total Annual Rent Received
Notes
Fill only light blue color cells only
Exempted Rent on Monthly Basis
N-1 Receipt of Rent paid to landlord is must otherwise it is to be taken as 0
Taxable Rent
Important
Monthly Salary Details
Basic
DA
Total
-

INTEREST CALCULATOR BETWEEN TWO DATES

Amount
Rate in %
Date From
Date To
Days to Calculate
Days in Year
Simple Interest
Compound Yearly
Compound H.Yly
Compounding Qtrly

25,000
8.00
4/1/2014
3/31/2015
365
365
27,000.00
27,000.00
27,040.00
27,060.80

Send your respon

Format
DD/MM/YYYY
Calc Area
Interest
2,000.00
2,000.00
2,040.00
2,060.80

H.Yly
2
27,040.00
-

YEAR WISE INTEREST CALCULATION

Amount After Year

Simple Interest
Interest Amount
Compound Yearly
Interest Amount
Compound H.Yly
Interest Amount
Compounding Qtrly
Interest Amount

27,000.00
2,000.00
27,000.00
2,000.00
27,040.00
2,040.00
27,060.80
2,060.80

29,000.00
4,000.00
29,160.00
4,160.00
29,246.46
4,246.46
29,291.48
4,291.48

31,000.00
6,000.00
31,492.80
6,492.80
31,632.98
6,632.98
31,706.04
6,706.04

Note: Only Green Coloured Cell Can Be Edited

Send your response to: Email: toviveksang@gmail.com

0
Calc Area
Qtr
4
27,060.80
-

Enter Years
Below

CALCULATION
4

33,000.00
8,000.00
34,012.22
9,012.22
34,214.23
9,214.23
34,319.64
9,319.64

35,000.00
10,000.00
36,733.20
11,733.20
37,006.11
12,006.11
37,148.68
12,148.68

37,000.00
12,000.00
39,671.86
14,671.86
40,025.81
15,025.81
40,210.93
15,210.93

15
55,000.00
30,000.00
79,304.23
54,304.23
81,084.94
56,084.94
82,025.77
57,025.77