Income Tax calculator for salaried employees for Financial year 2013-14 is available for download . This calculator has been provided by Benny Thadathil.(Client Delivery Manager Human Resources - Aon Hewitt,Bengaluru Area, India ).We have gone through it and have made necessary adjustment where ever we feel necessary.Every care has been taken to provide you most accurate result ,however error can not be ruled out.
Main feature of this calculator is provided as under
- Provision to enter monthly data ,allowance wise ,deduction wise.
- This can be used by both Government and Private sector employees.
- Provision for calculation of House rent allowance exemption has been given.
- Most known/used Deduction u/s 80C ,80D,80DD,80G,80GG,80U has been provided.
- Deduction for section 80EE(interest on house loan on new house) , 80CCG( Rajiv gandhi equity saving scheme),80TTA(Interest on saving bank account) has also been given.
- Deduction for new pension scheme 80CCD ( contributory pension fund) has also be provided.
- Auto tax calculation on dob basis.
- Link for detailed note has also been given ,where ever necessary.
- Calculation for House property income :self occupied house as well as Let out house.
- Rebate u/s 87 for Income Less than five lakh has also been provided.
If you have noticed any error then please provide your feedback in comment section or mail us at raniraj1950 at gmail.com .Further please visit this page again to check the updated version (if any)