Income Tax Calculation Excel File For FY 2018-19 AY 2019-20

Income Tax Calculation Excel File For FY 2018-19 AY 2019-20

The basic principles of taxation are nearly as old as human society—the history of taxes stretches thousands of years into the past. Several ancient civilizations, including the Greeks and Romans, levied taxes on their citizens to pay for military expenses and other public services. Taxation evolved significantly as empires expanded and civilizations become more structured.

Tax saving process or the inclination to evade taxes was also have the same history, that may the reason Jesus said, “Give to Caesar what is Caesar’s, and to God what is God’s”. Our governments also recognized the payments to God or to the contribution to his works and allowed tax benefit on such payment under section 80G!!.  So, let us start planning our taxation from the beginning of the financial year and check the due amounts.

“Well begun is half done”, Aristotle.

Many of us start thinking about tax-saving plans only at the end of the financial year and often end up investing in the wrong products. Tax planning at the beginning of the financial year will help you avoid making hasty decisions at the end of the year.

Many of us start thinking about tax-saving plans only at the end of the financial year and often end up investing in the wrong products. Tax planning at the beginning of the financial year will help you avoid making hasty decisions at the end of the year.

As a primary step, assess your taxable income for the financial year and understand and plan the various options to save taxes. This will help you to plan your taxes effectively, manage your cash flow throughout the year and build your assets wisely, or to avoid excess investments for tax saving purpose.

We wish you good financial year ahead!

Income Tax calculator for the FY 2018-19.

Salient features of the Tax calculator.

1. Useful for the salaried employees of government and private sector, with all heads of Income including agricultural income.

2. Private sector employees can use to do their Flexi allocation and tax planning.

3. Tax and rebate calculation of agriculture income, to arrive the annual tax liability.

4. Marginal relief on surcharges where income crosses 50L and 1Cr.

5. Individual Form 16 Part B generation, useful for the small size firms.

6. Automated HRA exemption/Sec 80GG deduction calculation based on the salary and rent payments.

7. Validate and highlights the limits Chapter VI A deduction, Housing loan interest set off, and surcharge impacts.

Following are the changes in the tax rules from 2018-19, which is impacting the tax computation of the salaried employees.

1. Standard Deduction from taxable salary. Salaried individuals will get a standard deduction of Rs. 40,000 on income in place of the present exemption allowed for transport allowance and medical expenses.

2. Cessation of tax benefit on Conveyance Allowance and Medical reimbursements.The tax benefit on conveyance allowance Rs. 19,200 pa and medical reimbursement bills Rs. 15,000 pa, will no longer be valid.

3. Cess on the Income Tax has been increased to from 3% to 4%

4. Deduction towards Medical Insurance for Dependents who are Senior citizens, increased from Rs. 30,000/- to Rs.50,000/-

IMPORTANT LINK:::: 
This file created By Satnam bhai patel (Edusafar)
Download Excel File

Income Tax Calculation Excel File For FY 2018-19 AY 2019-20

Income Tax Calculation Excel File For FY 2018-19 AY 2019-20

The basic principles of taxation are nearly as old as human society—the history of taxes stretches thousands of years into the past. Several ancient civilizations, including the Greeks and Romans, levied taxes on their citizens to pay for military expenses and other public services. Taxation evolved significantly as empires expanded and civilizations become more structured.

Tax saving process or the inclination to evade taxes was also have the same history, that may the reason Jesus said, “Give to Caesar what is Caesar’s, and to God what is God’s”. Our governments also recognized the payments to God or to the contribution to his works and allowed tax benefit on such payment under section 80G!!.  So, let us start planning our taxation from the beginning of the financial year and check the due amounts.

“Well begun is half done”, Aristotle.

Many of us start thinking about tax-saving plans only at the end of the financial year and often end up investing in the wrong products. Tax planning at the beginning of the financial year will help you avoid making hasty decisions at the end of the year.

Many of us start thinking about tax-saving plans only at the end of the financial year and often end up investing in the wrong products. Tax planning at the beginning of the financial year will help you avoid making hasty decisions at the end of the year.

As a primary step, assess your taxable income for the financial year and understand and plan the various options to save taxes. This will help you to plan your taxes effectively, manage your cash flow throughout the year and build your assets wisely, or to avoid excess investments for tax saving purpose.

We wish you good financial year ahead!

Income Tax calculator for the FY 2018-19.

Salient features of the Tax calculator.

1. Useful for the salaried employees of government and private sector, with all heads of Income including agricultural income.

2. Private sector employees can use to do their Flexi allocation and tax planning.

3. Tax and rebate calculation of agriculture income, to arrive the annual tax liability.

4. Marginal relief on surcharges where income crosses 50L and 1Cr.

5. Individual Form 16 Part B generation, useful for the small size firms.

6. Automated HRA exemption/Sec 80GG deduction calculation based on the salary and rent payments.

7. Validate and highlights the limits Chapter VI A deduction, Housing loan interest set off, and surcharge impacts.

Following are the changes in the tax rules from 2018-19, which is impacting the tax computation of the salaried employees.

1. Standard Deduction from taxable salary. Salaried individuals will get a standard deduction of Rs. 40,000 on income in place of the present exemption allowed for transport allowance and medical expenses.

2. Cessation of tax benefit on Conveyance Allowance and Medical reimbursements.The tax benefit on conveyance allowance Rs. 19,200 pa and medical reimbursement bills Rs. 15,000 pa, will no longer be valid.

3. Cess on the Income Tax has been increased to from 3% to 4%

4. Deduction towards Medical Insurance for Dependents who are Senior citizens, increased from Rs. 30,000/- to Rs.50,000/-

IMPORTANT LINK:::: 
This file created By Sulemanbhai
password 12345
Download Excel File

primary school unit test Time Table

primary school unit test Time Table 

Teachers are great sources of knowledge, prosperity and enlightenment to which anyone can be benefited for whole life. They serve as the real light in everyone’s life as they help students to make their ways in the life. They are the God gifted people in everyone’s life who lead us towards success without any selfishness. Really, we can call them as builders of the dazzling future of our nation through education



Teachers are great sources of knowledge, prosperity and enlightenment to which anyone can be benefited for whole life. They serve as the real light in everyone’s life as they help students to make their ways in the life. They are the God gifted people in everyone’s life who lead us towards success without any selfishness. Really, we can call them as builders of the dazzling future of our nation through education.

Teacher plays very essential role in the field of education who teaches students very nicely to be a person of good moral and behaviour. They make students academically superb and always encourage to do better in the life. They equip students with lots of knowledge, skills and positive attitudes so that students can never feel lost and go ahead. They help students to get sure about their goals of education through clear vision and ideas. Without teachers in the life one cannot grow mentally, socially and intellectually.

A teacher is a good person who takes very important responsibility of shaping up the lives of young ones and impressionable children. They get great feeling, pride and true joy in their life by teaching their students on the right path. They never do any type of partiality between good or bad students instead they always try to bring bad one on the right path through their lots of efforts. A good teacher is someone who spent their whole life in giving quality education to their students. They push all the students to do their best. They make learning process very interesting as well as creative. Teachers try their best to bring all the students on the right track by motivation them positively towards study. Good teachers leave good impression over their students.

They equip students with lots of knowledge, skills and positive attitudes so that students can never feel lost and go ahead. They help students to get sure about their goals of education through clear vision and ideas. Without teachers in the life one cannot grow mentally, socially and intellectually.
Teacher plays very essential role in the field of education who teaches students very nicely to be a person of good moral and behaviour. They make students academically superb and always encourage to do better in the life. They equip students with lots of knowledge, skills and positive attitudes so that students can never feel lost and go ahead. They help students to get sure about their goals of education through clear vision and ideas. Without teachers in the life one cannot grow mentally, socially and intellectually

IMPORTANT LINK::: 

dOWNLOAD TIME TABLE CLICK HERE