Saturday, 17 March 2012

Income Tax Calculator for FY 2012-13 (Excel Download) | Fixed ...

If you are wondering?how much Income tax you would you save in next year 2012-13 post Budget 2012, here is a?calculator for you in excel format.

Below is the?Income Tax Slab for FY 2012-13. A significant difference is there is no more distinction between men and women as far as taxes are concerned.

Income tax 2012-13 slabs

Word of Cautions for using the Excel sheet:

  • Only Orange Cells are input cells.
  • Do not change any other cells as this may lead to Incorrect calculation.
  • Do not leave any orange cell blank. This may lead to incorrect calculation. Instead, enter 0

Limitations of the calculator:

  • This calculates Income tax only for people who have no losses/gains from House property or have a maximum of 1 House.
  • For details of Assumptions & Income tax rules followed for the calculator Read -?Income Tax ? Some Common Rules & Regulations

Check out your Income tax for FY 2011-12!

The figure below shows the snapshot of?Income Tax calculator FY 2012-13

Income tax 2012-13 calculator excel sheet

Disclaimer:?I am not a tax consultant. I have tried to incorporate all the Income tax rules & regulations best known to me. Its always advisable to consult an expert or a tax consultant to cross verify your tax liability.

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Income Tax Calculator for FY 2012-13 (Excel Download), 10.0 out of 10 based on 1 rating

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Source: http://apnaplan.com/income-tax-calculator-for-fy-2012-13-excel-download/

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2 comments:

  1. Hello,

    Income Tax Calculator is used by taxpayers for precisely calculating their taxable income and amount of taxes payable by them. The calculation of income taxes has always been plaguing the taxpayers. Thanks a lot...

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    ReplyDelete
  2. Thanks a lot for this awesome post. Keep up the good work. I'll be coming back lots.

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