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SKILL ACTIVITY-04

ESSENTIALS OF COMPUTER
AND
SPREADSHEET MODELLING
TITLE- Gender Based Income Tax
Time-100mins
Aditya Singh Thakur
2020BCMH001
Submitted to
Mr. Sunil Verma

PURPOSE
 Through this activity, I am aiming to find out how standard
deduction changes due to change in sex and status of taxpayer.
 I also aim to find out how the tax rate changes due to change in sex
and net income.
 I also aim to find out the amount of tax each of the taxpayer has to
pay and who has to pay maximum tax.
STEPS PERFORMED IN THIS ACTIVITY
 The case study was read and understood thoroughly.
 The information which was given in the question was noted.
 A basic table was prepared to calculate standard deduction, net
income, tax rate and the amount of tax to be paid.
 Then using index match function, the data was calculated.

RESOURCE MATERIALS USED


 Case Study
 Laptop
 Microsoft Excel

SKILLS ACQUIRED

 INDEX FUNCTION
 MATCH FUNCTION
 MAX FUNCTION

EXCEL SHEETS

Status Male Female (F)


Senior
Normal Minority Citizen Normal Minority Senior
(N) (M) (S) (N) (M) Citizen (S)
  MN MM MS FN FM FS
R 100 150 200 120 170 200
NR 0 0 0 50 70 100
NR 0 0 0 50 70 100
D 50 70 150 60 80 120

Male Female (F)


Net Income Senior Senior
Slab Normal Minority Citizen Normal Minorit Citizen
(N) (M) (S) (N) y (M) (S)
  MN MM MS FN FM FS
0 0 0 0 0 0 0
50001 5 3 2 3 2 0
100001 25 10 5 10 5 2
500001 30 20 8 20 10 5

Net
Id Statu Grass Incom
Code s Sex (Rs) SD e Tax Rate Tax
C001 R MN 100000 100 0 0 0
C002 R MS 200000 200 0 0 0
C003 NR MM 60000 0 60000 3 1800
C004 D FS 75000 120 0 0 0
54000
C005 D FN 600000 60 0 20 108000
80050
C006 R MN 900500 100 0 30 240150
110000 93000
C007 R FM 0 170 0 20 93000
54500
C008 NR MM 545000 0 0 10 109000
40600
C009 D MN 456000 50 0 25 101500
28700
C010 D FN 347000 60 0 10 28700

CONCLUSION

 After completing the project, I am able to compute the tax for each
of the taxpayers.
 After completing this project, I am able to find out the taxpayer
who has to pay maximum tax.
It is the taxpayer with the Id Code C006.

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