INCOME TAX CALCULATOR with Calculation Sheet FY 2015-16 AY 2016-17 in Excel Format

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DELHI SCHOOL TEACHERS FORUM is publishing INCOME TAX CALCULATOR with Calculation Sheet in Excel Format. Now You can Calculate Your Income Tax for assessment Year 2016-17 and Financial Year 2015-16 accurately. This Calculator is based on the Income Tax Slab announced in Budget-2015. Disclaimer apply.

How to Use this Calculator :- 

NOTE : Enter the value only in the Pink colour Column and not in other column as it will delete the formula i. e. edit only PINK COLOUR Cells. 

• Click on the Click Here to  Use Income Tax Calculator online or Click on download Calculator on your Computer.Then use Calculator as follow

1. First Fill your  Basic Pay, Grade Pay, TA, GPF contribution, Income Tax deducted as in March, 2015 in March, 15 Row. Your Increment in July will automatically calculated.
2. In T. Fees and Bonus Column,  Enter the amount of Tuition Fees reimbursement and Bonus.
3. In HRA Rent Recipt Enter the amount of Actual Rent paid by you monthly, you want to get HRA Rebate. If you don't want to get the HRA Rebate Enter 0 and if you are living in the Govt.Flat, Enter '1'.
4. Enter the saving Under 80C, 80CCC, 80CCD ( Limited to Rs. 1,50,000/-) and other applicable deduction.
5. Your Income Tax will automatically will be calculated.
6. This Income Tax will work for the the Male & Female under 60 Yrs. Age.
7. Download the this Sheet on your computer. Click below download link to download.

CLICK HERE TO USE INCOME TAX CALCULATOR EXCEL FORMAT FY -2015-16

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Click Here to download Income Tax Calculator