Download Income Tax Calculator for Assessment Year 2014-15 i.e. Financial Year 2013-14
Indian Tax Updates brings you Simple Income tax Calculator in Excel Format for Salaried Persons for Financial year 2013-14 / Assessment Year 2014-15.
Remeber this tax calculator can be used to calculate the approximate tax payable by salaried individuals. This should NOT be used to compute the actual taxes to be paid to the Government.
Further this calculator is updated with all the changes, modifications and additions made in Budget 2013 likewise Additional Deduction of Home Loan under section 80EE etc.
Please Note: In case your income is more than Rs. 2 lacs but less than Rs. 5 lacs then you are eligible to get tax credit under section 87A as added in Budget 2013. You can show this tax rebate/credit under section 87 in the calculator as Section87A is not added specifically in this calculator.