Friday, April 30, 2010

INCOME TAX CALCULATOR AFTER BUDGET 2010 FY 2010-11 AY 2011-12

I have prepared income tax calculator after Budget 2010 which is very useful ,you can check your benefit from budget by filing only one cell in the given calculator.Further a new section for saving 80CCF has been added ,which is over and above of 80C ,100000 Limit,Under which person can Invest 20000 rs .The amount invested in Infrastructure Bonds under new section 80CCF will be deducted from Income.
So direct benefit of

  •  rupees of 2000+cess for person fall under 10% slab and 
  • 4000+cess for persons falls under 20% slab and 
  • 6000+cess for persons fall under 30% slab.
The above benefit has not been included in calculator given below.Only slab benefit has been shown in the calculator.

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Download above calculator in excel Format

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