Income Tax Calculator FY 2022-23 (AY 2023-24) Excel Download
Download Income Tax Calculator for FY 2022-23 Excel.. Provide Income, Investments and TDS Amounts to calculate Income Tax based on Old and New Tax Regime..
Download Income Tax Calculator for FY 2022-23 Excel.. Provide Income, Investments and TDS Amounts to calculate Income Tax based on Old and New Tax Regime..
Download Income Tax Calculator for FY 2021-22 Excel.. Provide Income, Investments and TDS Amounts to calculate Income Tax based on Old and New Tax Regime..
Claim HRA when Living with Parents.. you can pay them some amount every month as rent and claim that amount as HRA if you receive HRA in salary payslip
SIP Calculation in Excel.. Step 1: Mention SIP amount and NAV values in Excel, Step 2: Calculate Units with formula, Step 3: Calculate SIP Returns & Maturity amount
How HRA exemption is calculated. You basically need to do 3 calculations to reach your HRA exemption amount:
1. Calculate Total HRA received in FY
2. Total rent paid in FY minus 10% of Basic Salary + DA in FY
3. 50% of Basic Salary + DA (metro city), else 40% in case staying in non metro city.
Minimum of above numbers will be considered as HRA exemption amount in the financial year to save income tax by reducing the taxable income.
How can you calculate income tax? Example – If income is 8 Lacs, with Old Tax Regime, you belong to 20% tax bracket and New Tax Regime – 15% Tax Bracket.
Home Loan Tax Benefits Calculator.. Rs. 1.5 Lacs in Section 80C as principal amount, Rs. 2 Lacs in Section 24 as interest amount and Rs. 2 Lacs in Section 80EEA..
Senior citizen income tax calculation 2022-23 with excel will help you to understand your tax liability. You income tax is zero if taxable income is below Rs. 5 Lacs in FY 2022-23
Income Tax Calculation 2022-23.. For example if your income is Rs. 8 Lacs in FY 2022-23, so Income Tax based on Old Tax Regime = Rs. 75,400 and New Tax Regime = Rs. 46,800..
Bike Loan EMI Calculator.. EMI consists of 2 components – Principal and Interest Amounts. We can easily use the excel function PMT() to calculate EMI of our bike loan