tax calc variable fy 14-15dc

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Calculation Table For Finan SALARY DETAILS Salary Structure Monthly Months Yearly Gross Salary - Non Taxable 800 12 9,600 - Any Other Income - Gross Salary (9,600) Deductions - - - - - Saving Expempted - Taxable Salary (9,600) Tax Already Deducted (TDS) - Remaining Months in Current Fin.Yr. 12 Note: Month Gross Salary CTR TDS-Paid April - 12 May - 11 June - 10 July - 9 August - 8 September - 7 October - 6 November - 5 December - 4 January - 3 February - 2 HRA Exempted (Pls fill HRA Calc Sheet) 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 Only sky blue colour cell can be changed i.e., Monthly Salary, Months, Non-taxable and savings & Remaining Months

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Tax CalcTax Calculation Table For Financial Year 2014-15 (Based on Monthly Salary)SALARY DETAILSTaxable Salary->(9,600)Salary StructureMonthlyMonthsYearlyFor MenGross Salary0.0FromUPTOTax %Tax AmtTax CalculationSurchargeCessTotal TaxNon Taxable800129,60010%3%HRA Exempted (Pls fill HRA Calc Sheet)0.00.0250,000000.0Any Other Income0.0250,001500,0001025,0000.0500,0011,000,00020100,0000.0Gross Salary(9,600)1,000,001& Above3000.0Tax Rebate u/s 87A(2,000)DeductionsSub Total0.00.00.00.0Less Savings : u/s 80 upto 1.5 Lac0.0TDS Deducted0.0Repayment of Self Occupied: Principal0.0Monthly TDS0.0Housing Loan: Interest u/s 24(b)0.0Mediclaim Policy: U/s 80D0.0For WomenHigher Educ. Loan Interest Paid: U/s 80EFromUPTOTax %Tax AmtTax CalculationSurchargeCessTotal TaxBank Interest: U/s 80TTA0.010%3%Donations: U/s 80G0.0250,000000.0250,001500,0001025,0000.0Saving Expempted0.0500,0011,000,00020100,0000.0Taxable Salary(9,600)1,000,001& Above3000.0Tax Already Deducted (TDS)0.0Tax Rebate u/s 87A(2,000)Remaining Months in Current Fin.Yr.12Sub Total0.00.00.00.0TDS Deducted0.0Monthly TDS0.0Note:Only sky blue colour cell can be changed i.e., Monthly Salary, Months, Non-taxable and savings & Remaining MonthsFor Senior Citizen Age >=60 and =80February0.02FromUPTOTax %Tax AmtTax CalculationSurchargeCessTotal TaxMarch0.0110%3%Total0.0780.00.0500,000000.0500,0011,000,00020100,0000.01,000,001& Above3000.0Tax Rebate u/s 87A(2,000)Sub Total0.00.00.00.0TDS Deducted0.0Monthly TDS0.0Developed by Vivek Sang, Rishikesh. Mobile # +91-9837087627Please mail your suggestions on my email ID: [email protected]

Only Interest Paid without any limit is exempted and that too for max period of 8 years after starting paying interest.Maximum of 15,000/- if paid through Cheque or if Sr. Citizen then 20,000/-

Additional 15,000/- if paid for parents and if parents are Sr.Citizen then 20,000/-Maximum of 1 Lac including savings u/s 80Maximum of 1.5 Lac e.g. PPF , LIC Premiums, Now u can invest in PPF upto 1.5 lac per financial yearExempted upto Rs.10,000/-Mention CTR value corresponding to the Month in which salary is received.Upto 2 lacMax upto 10% of Gross.Check Eligible for 50% or 100%Please fill the HRA Calc sheet to get the value hereMention monthy exempted valueNo. of month (incase employee join during the year)You can feed the complete exempted value here or if you have given monthly figure the value will come automatically.

HRA CalcHRA Calculation Sheet u/s 10(13A) Rule 2AMonthly Salary DetailsHRA - Calculation on Monthly BasisMonthBasicDATotalReceivedPaid (N-1)Metro CityCond-1Cond-2Cond-3ExemptedApril0.00.00.00.06,0000.00.06,0000.01May0.00.00.00.06,0000.00.06,0000.01June0.00.00.00.06,0000.00.06,0000.01July0.00.00.00.06,0000.00.06,0000.01August0.00.00.00.06,0000.00.06,0000.04September0.00.00.00.06,0000.00.06,0000.0October0.00.00.00.06,0000.00.06,0000.0November0.00.00.00.06,0000.00.06,0000.0December0.00.00.00.06,0000.00.06,0000.0January0.00.00.00.06,0000.00.06,0000.0February0.00.00.00.06,0000.00.06,0000.0March0.00.00.00.06,0000.00.06,0000.0Total0.00.00.00.072,0000.00.072,0000.0Annual Calculation0.00.072,000.000.0Total Annual Rent Received0.0NotesFill only light blue color cells onlyExempted Rent on Monthly Basis0.0N-1 Receipt of Rent paid to landlord is must otherwise it is to be taken as 0Taxable Rent0.0ImportantThere are four variables in HRA tax calculations: namely, salary (i.e., basic pay plus DA), HRA received, rent paid and the city of residence (whether metro or non-metro). In case all of the four remain the same through out the year, the HRA tax exemption calculation is to be done on annual basis. On the other hand, if there is a change in any of the variable during the year then HRA tax exemption calculation is to be done on monthly basis.

If residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesActual Rent ReceivedExcess of rent paid over 10% of (Basic+DA)Actual Rent ReceivedActual Rent ReceivedActual Rent ReceivedActual Rent ReceivedActual Rent ReceivedActual Rent ReceivedActual Rent ReceivedActual Rent ReceivedActual Rent ReceivedActual Rent ReceivedActual Rent ReceivedExcess of rent paid over 10% of (Basic+DA)Excess of rent paid over 10% of (Basic+DA)Excess of rent paid over 10% of (Basic+DA)Excess of rent paid over 10% of (Basic+DA)Excess of rent paid over 10% of (Basic+DA)Excess of rent paid over 10% of (Basic+DA)Excess of rent paid over 10% of (Basic+DA)Excess of rent paid over 10% of (Basic+DA)Excess of rent paid over 10% of (Basic+DA)Excess of rent paid over 10% of (Basic+DA)Excess of rent paid over 10% of (Basic+DA)If Metro=Y then 50% else 40%If Metro=Y then 50% else 40%If Metro=Y then 50% else 40%If Metro=Y then 50% else 40%If Metro=Y then 50% else 40%If Metro=Y then 50% else 40%If Metro=Y then 50% else 40%If Metro=Y then 50% else 40%If Metro=Y then 50% else 40%If Metro=Y then 50% else 40%If Metro=Y then 50% else 40%If Metro=Y then 50% else 40%Least of Cond-1, 2 & 3 is exemptedLeast of Cond-1, 2 & 3 is exemptedLeast of Cond-1, 2 & 3 is exemptedLeast of Cond-1, 2 & 3 is exemptedLeast of Cond-1, 2 & 3 is exemptedLeast of Cond-1, 2 & 3 is exemptedLeast of Cond-1, 2 & 3 is exemptedLeast of Cond-1, 2 & 3 is exemptedLeast of Cond-1, 2 & 3 is exemptedLeast of Cond-1, 2 & 3 is exemptedLeast of Cond-1, 2 & 3 is exemptedLeast of Cond-1, 2 & 3 is exemptedIf residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesIf residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesIf residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesIf residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesIf residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesIf residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesIf residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesIf residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesIf residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesIf residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesIf residing in Delhi, Calcutta, Madras, Bombay enter 'Y' else 'N' without any quotesSee Note N-1 belowIf Metro=Y then 50% else 40%

Int-CalcINTEREST CALCULATOR BETWEEN TWO DATESAmount25,000Note: Only Green Coloured Cell Can Be EditedRate in %8.00Send your response to:Email: [email protected] From4/1/14FormatDate To3/31/15DD/MM/YYYYDays to Calculate3650.00Days in Year365Calc AreaInterestH.YlyQtrSimple Interest27,000.002,000.0024Compound Yearly27,000.002,000.000.00.0Compound H.Yly27,040.002,040.0027,040.0027,060.80Compounding Qtrly27,060.802,060.800.00.0Enter Years Below YEAR WISE INTEREST CALCULATIONAmount After Year12345615Simple Interest27,000.0029,000.0031,000.0033,000.0035,000.0037,000.0055,000.00Interest Amount2,000.004,000.006,000.008,000.0010,000.0012,000.0030,000.00Compound Yearly27,000.0029,160.0031,492.8034,012.2236,733.2039,671.8679,304.23Interest Amount2,000.004,160.006,492.809,012.2211,733.2014,671.8654,304.23Compound H.Yly27,040.0029,246.4631,632.9834,214.2337,006.1140,025.8181,084.94Interest Amount2,040.004,246.466,632.989,214.2312,006.1115,025.8156,084.94Compounding Qtrly27,060.8029,291.4831,706.0434,319.6437,148.6840,210.9382,025.77Interest Amount2,060.804,291.486,706.049,319.6412,148.6815,210.9357,025.77