Income tax calculator fy 2023-24 excel free download

नए टैक्‍स रिजीम को आकर्षक बनाने के लिए सरकार ने पुराने टैक्‍स रिजीम की तरह 50 हजार का स्‍टैंडर्ड डिडक्‍शन न्‍यू टैक्‍स रिजीम में भी देने का फैसला किया है. इस प्रावधान के बाद 7.5 लाख तक सैलरीड इनकम पर कोई टैक्‍स नहीं देना होगा. वित्‍त मंत्री निर्मला सीतारमण ने बजट 2023 में पर्सनल इनकम टैक्‍स को लेकर कुछ बड़े बदलाव किए हैं. इनमें न्‍यू टैक्‍स रिजीम (New Tax Regime) को डिफॉल्‍ट टैक्‍स रिजीम बना दिया गया है. इसके साथ पुरानी टैक्‍स रिजीम (Old Tax Regime) का ऑप्‍शन रखा गया है. यानी, टैक्‍सपेयर अगर चाहे, तो पुरानी टैक्‍स प्रणाली का ऑप्‍शन चुन सकते हैं और उसके अंतर्गत रिटर्न फाइल कर सकते हैं. नए टैक्‍स रिजीम को आकर्षक बनाने के लिए सरकार ने पुराने टैक्‍स रिजीम की तरह 50 हजार का स्‍टैंडर्ड डिडक्‍शन न्‍यू टैक्‍स रिजीम में भी देने का फैसला किया है. न्‍यू टैक्‍स रिजीम में इस बात को लेकर शुरू में कन्‍फ्यूजन हुआ कि 7 लाख तक इनकम या 7.5 लाख तक की इनकम टैक्‍स के दायरे से बाहर हो जाएगी. क्‍योंकि बजट में सरकार ने टैक्‍स रिबेट की लिमिट 5 लाख से बढ़ाकर 7 लाख रुपये कर दी. साथ ही 50 स्‍टैंडर्ड डिडक्‍शन देने का फैसला किया. इस तरह इस बात पर गफलत हुई कि 7 लाख तक इनकम रिबेट में 50 हजार स्‍टैंडर्ड डिडक्‍शन शामिल होगा या यह अलग से होगा. इस पर सेंट्रल बोर्ड ऑफ डायरेक्‍ट टैक्‍सेस (CBDT) के चेयरमैन नितिन गुप्‍ता ने एक बयान में कहा कि नए रिजीम में सैलरीड टैक्‍सपेयर्स के लिए स्‍टैंडर्ड डिडक्‍शन मिलेगा. इस तरह 7.50 लाख रुपये तक की इनकम पर उन्‍हें कोई टैक्‍स नहीं देना होगा. अगर सैलरी से आपकी इनकम है, तो 7.5 लाख तक की इनकम टैक्‍स फ्री हो जाएगी. यानी, आपको कोई टैक्‍स नहीं देना होगा. सैलरीड इनकम टैक्‍सपेयर के ल...

Automatic Calculator in excel format for Financial Year 2022-23 (AY 2023-24) and Financial Year 2023-24 (AY 2024-25) contains All in One Calculator with Salary Statement, Computation Sheets & Form-16. Govt. had introduced a new tax regime of lower tax rates in Budget 2020. Which was continue in FY-2022-23 too. New Tax Regime was optional. But in Budget 2023 Govt. has pushed for adoption of the new tax regime of lower tax rates in a big way. The New tax regime is by default in Nature for FY 2023-24, However the individual will have an option to continue with the old income-tax regime at the time employers are deducting TDS. OR at the time for filing of ITR Now It is very difficult to taxpayers to choose suitable regime without calculate the actual tax according to both regimes. For financial year 2022-23 and 2023-24. This Auto Income tax calculator tool will help you to calculate the tax and compare according to both regimes in very simple way and suggest you that which tax regime would be better option (with less tax) at the time for deduction of TDS and filing the ITR. It is an automatic Tax Calculator consist Salary statement, Computation sheets, Form-16 (in Both Regimes), Income from House Property and Tax calculation sheets to print. Information & Rules (with hyperlinks) for Exemption and deductions with Income Tax slab rates in both regimes. Once you enter the amount in blank cells. other cells calculate tax and prepare Computation sheets and form-16 automatically. Pr...

A major change introduced in the finance bill 2023 is making the New Income-Tax regime as the default option for all salaried taxpayers, though, with the option to select the old tax regime. The change is an indication of the government's intention to cease the complicated taxation process with the exemptions and deductions by introducing a simple tax calculation with lower tax rates, in other words, the State wants to tell the taxpayers that, " Give to Caesar the things that are Caesar's and to God the things that are God's." (Mark 12:17). As our tax payments are supposed to be used by the government for conducting various development projects of the country through welfare schemes including funding of public infrastructure, expansion& welfare projects, and employment programs. Hence it is the responsibility of every individual to remit the due taxes to the Govt, as in return these taxes are expected for the growth of every individual. As Aristotle said, "When the society /organization grows all those who connected it also grow equally, however, if the individuals are growing beyond the society/organization, the entire setup of the State/Society may fail. The Golden Rule mosaic says," Do Unto Others as You Would Have Them Do Unto You", every individual is expected to follow this rule to get rewarded as they expect. Remit the due taxes for the development of the State/society and which in turn for growth the benefit of the nation and everyone. Tax savings are legal, but ta...

Tax benefits of New and Old Tax Regime as per Budget 2023| With Auto Calculate Income Tax Preparation Software All in One in Excel for the all the salaried persons for the F.Y.2023-24 & A.Y.2024-25 Download from the attached file as Auto Calculate Income Tax Preparation Software All in One in Excel for all the salaried persons for the F.Y.2023-24 & A.Y.2024-25 (This Excel Utility can prepare at a time your Tax computed Sheet + Auto Calculate H.R.A. Exemption U/s 10(13A) + Auto Calculate Income Tax Arrears Relief Calculator U/s 89(1) with Form 10 E + Automatic Income Tax Form 16 Part A&B and Part B for the F.Y.2023-24).

Tax benefits of New and Old Tax Regime as per Budget 2023| With Auto Calculate Income Tax Preparation Software All in One in Excel for the all the salaried persons for the F.Y.2023-24 & A.Y.2024-25 Download from the attached file as Auto Calculate Income Tax Preparation Software All in One in Excel for all the salaried persons for the F.Y.2023-24 & A.Y.2024-25 (This Excel Utility can prepare at a time your Tax computed Sheet + Auto Calculate H.R.A. Exemption U/s 10(13A) + Auto Calculate Income Tax Arrears Relief Calculator U/s 89(1) with Form 10 E + Automatic Income Tax Form 16 Part A&B and Part B for the F.Y.2023-24).

A major change introduced in the finance bill 2023 is making the New Income-Tax regime as the default option for all salaried taxpayers, though, with the option to select the old tax regime. The change is an indication of the government's intention to cease the complicated taxation process with the exemptions and deductions by introducing a simple tax calculation with lower tax rates, in other words, the State wants to tell the taxpayers that, " Give to Caesar the things that are Caesar's and to God the things that are God's." (Mark 12:17). As our tax payments are supposed to be used by the government for conducting various development projects of the country through welfare schemes including funding of public infrastructure, expansion& welfare projects, and employment programs. Hence it is the responsibility of every individual to remit the due taxes to the Govt, as in return these taxes are expected for the growth of every individual. As Aristotle said, "When the society /organization grows all those who connected it also grow equally, however, if the individuals are growing beyond the society/organization, the entire setup of the State/Society may fail. The Golden Rule mosaic says," Do Unto Others as You Would Have Them Do Unto You", every individual is expected to follow this rule to get rewarded as they expect. Remit the due taxes for the development of the State/society and which in turn for growth the benefit of the nation and everyone. Tax savings are legal, but ta...

नए टैक्‍स रिजीम को आकर्षक बनाने के लिए सरकार ने पुराने टैक्‍स रिजीम की तरह 50 हजार का स्‍टैंडर्ड डिडक्‍शन न्‍यू टैक्‍स रिजीम में भी देने का फैसला किया है. इस प्रावधान के बाद 7.5 लाख तक सैलरीड इनकम पर कोई टैक्‍स नहीं देना होगा. वित्‍त मंत्री निर्मला सीतारमण ने बजट 2023 में पर्सनल इनकम टैक्‍स को लेकर कुछ बड़े बदलाव किए हैं. इनमें न्‍यू टैक्‍स रिजीम (New Tax Regime) को डिफॉल्‍ट टैक्‍स रिजीम बना दिया गया है. इसके साथ पुरानी टैक्‍स रिजीम (Old Tax Regime) का ऑप्‍शन रखा गया है. यानी, टैक्‍सपेयर अगर चाहे, तो पुरानी टैक्‍स प्रणाली का ऑप्‍शन चुन सकते हैं और उसके अंतर्गत रिटर्न फाइल कर सकते हैं. नए टैक्‍स रिजीम को आकर्षक बनाने के लिए सरकार ने पुराने टैक्‍स रिजीम की तरह 50 हजार का स्‍टैंडर्ड डिडक्‍शन न्‍यू टैक्‍स रिजीम में भी देने का फैसला किया है. न्‍यू टैक्‍स रिजीम में इस बात को लेकर शुरू में कन्‍फ्यूजन हुआ कि 7 लाख तक इनकम या 7.5 लाख तक की इनकम टैक्‍स के दायरे से बाहर हो जाएगी. क्‍योंकि बजट में सरकार ने टैक्‍स रिबेट की लिमिट 5 लाख से बढ़ाकर 7 लाख रुपये कर दी. साथ ही 50 स्‍टैंडर्ड डिडक्‍शन देने का फैसला किया. इस तरह इस बात पर गफलत हुई कि 7 लाख तक इनकम रिबेट में 50 हजार स्‍टैंडर्ड डिडक्‍शन शामिल होगा या यह अलग से होगा. इस पर सेंट्रल बोर्ड ऑफ डायरेक्‍ट टैक्‍सेस (CBDT) के चेयरमैन नितिन गुप्‍ता ने एक बयान में कहा कि नए रिजीम में सैलरीड टैक्‍सपेयर्स के लिए स्‍टैंडर्ड डिडक्‍शन मिलेगा. इस तरह 7.50 लाख रुपये तक की इनकम पर उन्‍हें कोई टैक्‍स नहीं देना होगा. अगर सैलरी से आपकी इनकम है, तो 7.5 लाख तक की इनकम टैक्‍स फ्री हो जाएगी. यानी, आपको कोई टैक्‍स नहीं देना होगा. सैलरीड इनकम टैक्‍सपेयर के ल...

Automatic Calculator in excel format for Financial Year 2022-23 (AY 2023-24) and Financial Year 2023-24 (AY 2024-25) contains All in One Calculator with Salary Statement, Computation Sheets & Form-16. Govt. had introduced a new tax regime of lower tax rates in Budget 2020. Which was continue in FY-2022-23 too. New Tax Regime was optional. But in Budget 2023 Govt. has pushed for adoption of the new tax regime of lower tax rates in a big way. The New tax regime is by default in Nature for FY 2023-24, However the individual will have an option to continue with the old income-tax regime at the time employers are deducting TDS. OR at the time for filing of ITR Now It is very difficult to taxpayers to choose suitable regime without calculate the actual tax according to both regimes. For financial year 2022-23 and 2023-24. This Auto Income tax calculator tool will help you to calculate the tax and compare according to both regimes in very simple way and suggest you that which tax regime would be better option (with less tax) at the time for deduction of TDS and filing the ITR. It is an automatic Tax Calculator consist Salary statement, Computation sheets, Form-16 (in Both Regimes), Income from House Property and Tax calculation sheets to print. Information & Rules (with hyperlinks) for Exemption and deductions with Income Tax slab rates in both regimes. Once you enter the amount in blank cells. other cells calculate tax and prepare Computation sheets and form-16 automatically. Pr...