Monday, March 29, 2010

89(1) Relief Calculator (Excel Based)

Calculate Tax  Yourself on Your bifurcated arrear get Tax Relief u/s 89(1) 
                 As Government employees are receiving  arrears of 6th Pay Commission.  They are paying Income Tax on their salary + arrears.  They can save income tax via bifurcation of  his arrear amount year wise w.e.f  2005-2006. 

Instructions of using this calculator
1)     Download attached zip file. It is totally free for personal use.
2)     Only white cells are for data entry.
3)     Yearwise Salary w.e.f. 2005-06 are to be filled in white cell
4)     Year wise amount of Arrears are to be filled in white cells
5)     Name of Employees, Designation, Department can be filled in Table "A"
6)    Default Sex is Man. But it can be changed for Man, Women or Sr. Citizen  can be selected  placing M =Man, W= Women, S = Sr. Citizen

                                For Download for 89(1) relief and another important Calculators like as Income Tax Calculator w.e.f. F.Y. 2005-06, Saving Bank Interest Calculator, House Rent Allowance Calculator, Post Office R.D. Interest Calculator , NSC Interest Calculator, Disallowed Salary/Remuneration Calculator, Depreciation Calculator , EmI Calculator, Bank Loan Interest Calculation Calculator, .Click Here

Specially, Arrear Calculator (Click Here)

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