February 23, 2018

Prepare at a time Private employees Tax Compute Sheet + Salary Sheet + HRA Calculation + Form 16 Part A&B and Part B for FY 2017-18 & AY 2018-19

Download the All in One TDS on Salary for Non-Govt employees for Assessment Year 2018-19[ This Excel utility can prepare at a time individual salary structure + individual salary sheet + Automatic HRA Calculation + Automated Form 16 Part A&B and Form 16 Part B + Automatic Form 12 BA for A.Y.2018-19]

 Feature of this Excel Utility[ All in One for Pvt employees]

1. This Excel Utility can prepare at a time Tax Compute Sheet +HRA Calculation +Form 16 Part A&B and Part B FY 17-18 & AY 18-19.

3. This Excel Utility can provide Only Private Concerned.

4. This Excel Utility attach the Annexure A and Annexure B as you like can change by option in Form 16

5. This Utility has also provided the Automatic Number to Word Convert, like as magic, no need to install any Add-ins or any Excel Formula 

In the Finance Budget 2017 have some changes as previous Financial Year 2017-18, but the Tax Slab is Same as previous Financial Year. The Major Changes is Raised some Tax Section which is given below:-

1. U/s 80 U:- Max Limit Rs. 75,000/- for General from 40% to 80% for Phy.Disable Person and Rs. 1,25,000/- for more than 80%.

2. U/s 10 Transport/Traveling  Allowance:- Max Limit Rs. 1600 P.M. for general and Rs. 3200/- P.M. for Phy.Disable persons.

3. U/s 80D Medical Health Insurance:- Max Limit Rs. 25,000/- for below 60 years age and Rs. 30,000/- for above 60 years age.

4. U/s 80CCC Pension Scheme:- Max Limit Rs. 1,50,000/-

5. U/s 80 DDB Sever Medical Treatment:- Max Limit Rs. 80,000/- instead of 40,000/-

6. U/s 80C:- One New deduction has incorporated as Sukanya Samriddhi Account for minor girl child who's age below 10 Years, and Max Limit Rs. 1.5000/-

7. U/s 80TTA relief from Savings Bank Interest is also entitled in this financial year up to Rs. 10,000/- who's taxable Income below Rs. 5 Lakh.


8. U/s 87A :- Tax Rebate Rs. 2,5,00/- is also entitled to the F.Y. 2017-18 who’s Taxable Income Less than 3.5 Lakh.