As the new financial year, FY 2023-24, is ready to begin, taxpayers are looking to prepare their estimated tax for the New Financial year. With the introduction of the new tax regime after Budget-2023, taxpayers need to calculate their taxes differently. To make this process easier, CMA Pravesh Sharma has created an Excel-based 15-in-one software that includes all tax-related calculations in one file.No doubt this calculator has a Facility to calculate tax as per the old regime also.
The software includes 15 types of calculations and charts, including an income tax comparison for new rates and old rates, generating Form 16 for 500 employees by filling data in an Excel sheet, an income tax calculator for FY 1985-86 to FY 2023-24, income tax rates for the same period, capital gain calculation, calculation of deductions, calculation of NSC interest, calculation of House Rent Allowance, the printing of Challan 280 and Challan 281, Section 89(1) relief calculator, interest calculator 234A, 234B, 234C, TDS rates for FY 2008-09 to FY 2023-24, TCS rates for FY 2008-09 to FY 2023-24, and RD interest calculation.
Here is a list of all the facilities available in the Excel-based 15-in-one software by CMA Pravesh Sharma:
- Income Tax comparison for new rates and old rates and which option is beneficial for you.
- Generate Form 16 for 500 employees by filling data in an excel sheet.
- Income Tax calculator for FY 1985-86 Fy 2023-24.
- Income Tax Rate for FY 1985-86 Fy 2023-24.
- Capital gain Calculation.
- Calculation of Deductions.
- Calculation of NSC interest.
- Calculation of House rent allowance.
- Printing of Challan 280.
- Printing of challan 281.
- Section 89(1) relief calculator.
- Interest Calculator 234A, 234B, 234C.
- TDS rates for Fy 2008-09 to Fy 2023-24.
- TCS rates For Fy 2008-09 Fy 2023-24.
- RD Interest calculation.
Please note that users need to enable macro in Excel to use this calculator, and the file is in zip format, so it must be downloaded and unzipped before use.
The calculator is quite large at 5MB, so it is recommended not to download it on mobile devices.
If users encounter any errors or have suggestions for improvement, they can contact CMA Pravesh Sharma at praveshbkn at gmail.com.
To download the calculator, users must share it on Facebook or Twitter and click on the shared link to open the lock. Alternatively, users can visit page 2 for a direct download link, or send an email to email@example.com with the subject "15 in One Income Tax Calculator FY 2023-24".
In conclusion, CMA Pravesh Sharma's Excel-based 15-in-one software is a comprehensive tool for taxpayers to calculate their income taxes for FY 2023-24 using the new tax regime introduced after Budget-2023. It includes a range of features to make the tax calculation process easier, and users can contact the creator for any errors or suggestions for improvement.
- Income Tax comparison for new rates and old rates and which option is beneficial for you
- Generate form 16 for 500 Employees by filling data in an excel sheet
- Income Tax calculator for FY 1985-86 Fy 2022-23
- Income Tax Rate for FY 1985-86 Fy 2022-23
- Capital gain Calculation
- Calculation of Deductions
- Calculation of NSC interest
- Calculation of House rent allowance
- Printing of Challan 280
- printing of challan 281
- Section 89(1) relief calculator
- Interest Calculator 234A ,234B ,234C
- TDS rates for Fy 2008-09 to Fy 2022-23
- TCS rates For Fy 2008-09 Fy 2022-23
- RD Interest calculation