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Gender Based Income Tax

Raw Data NetIncome Tax Rate Tax in Non-Slab System Tax in Slab System

Tax Tax-at- Net-


Gndr- SD- SD- SD (Rs Net Income TxRt-
IdCode Status Gndr Gross(Rs) TxRt-Col Rate Tax(Rs): Non-Slab-System Base-of- Income-
Ctgry Row Col 000) (Rs) Row
(%) Slab in-Slab
C001 R M 100000 MN
C002 R M 200000 MS
C003 NR M 60000 MM
C004 D F 75000 FS
C005 D F 600000 FN
C006 R M 900500 MN
C007 R F 1100000 FM
C008 NR M 545000 MM
C009 D M 456000 MN
C010 D F 347000 FN

NOTES
Net (or Taxable ) Income = Gross Income- Standard Deduction

Tax in Non-Slab System = Tax rate * Net Income

Tax in Slab System = Base Tax for the slab + (Net income-upperbound 0f previous slab)*Tax rate
Base Tax for a slab = Tax at the upper bound of the previous slab

You are encouraged to test the spread sheet for its accuracy, especially by giving inputs such that the net income is at the lower or upper bound of some sl

Range-Name Range-Address
STATUS T4:T7
SXCT U3:Z3
SDTAB U4:Z7
SLABS AB4:AB7
TXRTTAB AD4:AI7
RATETABLE AB4:AI7
MINTXTAB AJ4:AO7
V. Venkata Rao

Tax in Slab System Sandard Deduction Table Tax Rate Table


Rate in%

Tax(Rs) Slab-System
SxCt→/Status ↓ MN MM MS FN FM FS Slabs MN MM MS FN FM FS
R 100 150 200 120 170 200 0 0 0 0 0 0 0
NR 0 0 0 50 70 100 50000.01 5 3 2 3 2 0
N 0 0 0 50 70 100 100000.01 25 10 5 10 5 2
D 50 70 150 60 80 120 500000.01 30 20 8 20 10 5

SDTab TxRtTab
(Rs ,000)

or upper bound of some slabs


Base-Tax Table

MN MM MS FN FM FS
0 0 0 0 0 0
0 0 0 0 0 0
2500 1500 1000 1500 1000 0
102500 41500 21000 41500 21000 8000

MinTxTab
Data for demostrating Index Match Functions

CLA CLB CLC CLD CLE CLF


1 PP 20 10 200 AQBC
2 PP 15 13 190 MNP
3 AA 35 17 150 ACD
4 BB 37 25 120 PQRS
5 MM 48 32 100 QQOB
6 QQ 10 45 95 FOOL
7 RR 24 63 87 BORE
8 VV 57 71 76 DRAG
9 EE 87 100 45 GLAD
10 WW 76 102 42 CRY
11 CC 65 120 30 SMILE
12 FF 27 140 20 DOG
13 EE 51 145 15 CAT
14 JJ 13 213 9 OX
15 LL 17 215 2 COW

45.0001 19.99
PP 6 12
1
PP
3 6 12 12

MNP
Data for demonstrating VLOOKUP

Word Meaning
Acrid Pungent
Anonymous Known but not named
Aggravate To make worse
Bogus Not genuine
Belligerant inclined to combativeness
Salubrious favorable to health
unctuous marked by false earnestness
pusillanimous lacking courage or conviction
corrupt morally degenerate
Weird Odd, bizarre
Ephemeral Momentary, passing
Synonyms Antonyms
acrimonious, resentful unbitter, forgiving
some, unidentified known, specified
irritate, annoy allay, alleviate
artificial, spurious genuine, natural
aggressive, militant pacific, uncontentious
healthy, restorative noxous, unhealthy
put-on, deceitful artless, candid
chicken-hearted, dastardly daring, lion hearted
decadent, perverse pure, uncorrupt
Awful, eccentric, grotesque Boring, natural, real
Fleeting, transient, brief Enduring, eternal, everlasting

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