The Central Finance
Budget has already passed and the Income Tax Slab have 2.5 Lakhs for below 60
years Age and the Slab to the Sr.Citizen above 60 and below 80 years age is
Rs.3 Lakh.
The Tax
Rebate Rs.2,500/- U/s 87A & Savings Bank Interest relief up to Rs. ten
thousand U/s 80 TTA is still available in this financial year.
Some of the Govt and Non
Govt Concerned have above 100 employees working and most of the employees are
in this Income Tax Slab, who's Income Tax Calculation and Preparation of Form
16 must be prepare and distribute to them after end of this Financial Year.
As per the CBDT new
notification that the format of Form 16 has already Changed and this Form
16 have in two parts. One is Part A and another is Part B. In the Form 16 Part
A have the details of Tax Deducted and deposited to the Central Govt and the
Part B of Form 16 have the details of employee's Salary Details including the
Total Tax Deducted and deposited to the Central Govt.
Another Notification by
the CBDT it is mandatory to download the Form 16 Part A from the TRACES Portal
( http://www.tdscpc.gov.in) and the
Form 16 Part B is mandatory to prepare by the employer/deductor of each Govt or
Non Govt Concerned.
Now it is question that
the most of the Concerned have not know about this new CBDT notification and
they could not able to download the Form 16 Part A from the TRACES Portal, as
download the Part A from the Portal is most litigated. Who are able to download
the Part A they can issue only the Form 16 Part B, but who are not able to
download the same they have to need the both of Form 16 Part A&B for issue
to their employees.
Given below the Excel
Based Software which can prepare at a time 50 employees Form 16 Part A&B
(Both) for the Financial Year 2017-18 and Assessment Year 2018-19
Main feature of this
Excel Utility :-
- Prepare at a time 100 employees Form 16 Part A&B for FY
2017-18
- Auto Calculate the Income Tax of each Employees as per the
new Tax Slab F.Y 17-18
- Auto generate the Form 16 Part A&B
- Complete Salary Structure for calculating the Gross Salary
Income.
- All the Income Tax Section(Amended) have in this Utility
- Automatic Convert the Amount in to the In Words
Click here to Download the Master of Form 16 Part A&B (For 100 employees) for Financial Year 2017-18
( This Utility can prepare at a time 100
employees Form 16 Part A&B for FY 2017-18)
