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Caution: Ensure the eligibility, U/

!!Happy Savings!!
!!Happy Savings!!

ure the eligibility, U/s 80 before investing.


Income Tax Calculator for the fiscal year 2015-16 (April - March)
Pan No.
Name of the Employee:
Asessment Year 2016-2017
Previous Year 2015-2016

PLEASE FILL ONLY GREEN BOXES AND SEE THE MAGIC


Income From Salary
Salary From Vertex
Salary From Others (if any)
Less: U/s 10A
Food coupons -
Transport Allowance -
Uniform Allowance -
House Rent Allowance -
Professional Tax -

Income From House Property


Rental Income
Less: Municipal Taxes in FY 13-14
Net annual value (NAV) -
Less: Deductions under Section 24
Standard deduction (30% of NAV) -
Interest on borrowed capital -
Income From Other Sources
Fixed Deposit Interest (Gross)
Interest on Saving Account -

Gross Total Income


Deduction U/s Chapter VIA
U/s. 80C Invested Eligible
Life Insurance premiums - -
5Yrs Tax Saving Fixed Deposit in Bank - -
NSC - -
Fixed Deposit in Post Office - -
Tax Savings mutual funds (ELSS/ULIPS) - -
Principal Payment on Housing Loan - -
New Pension Scheme (NPS) - -
Tuition fee - -
- -
U/s. 80CCD (1B)
National Pension Scheme 150,000.00 -
U/s. 80D
Medical Insurance Premium -
- -
U/s. 80TTA
Interest on Savings Account - -
-
Total Income
Less: Rebate
Tax on above Income
Add : Education Cess @ 3% of tax payable
Total Tax Payable
Tax Payable per Month
(April - March)

SEE THE MAGIC

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HRA Calculator
Rent Paid to Landlord per month
Enter Basic pay
40% of Basic -
Actual HRA received -
- Rent Paid - 10% of Basic -
-
If Rent paid exceeds 1lakh per annum, mandate to submit the PAN card co
The least amount will be considered as a House Rent Allowance

-
0.00
0
-
-
-
-
e to submit the PAN card copy of the landlord
t Allowance

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