Personal Income Tax Calculation Tools for India

Though there are so many personal income tax calculation tools available in the web, I found two of the cool & useful income tax calculator in Excel which will be useful to find out a person's total income available before & after tax, savings done for tax purpose, income tax liability...

They both are taking efforts to maintain the spreadsheet for each year and it's free for all!.

These sites provide Income Tax Calculators in downloadable excel format, you can
download the spreadsheet and use to calculate your personal income tax liability for FY 2010-11, FY 2011-12 and previous years also.

Please ensure that you enable the Macros in Ms Excel to have full advantage of features available.

After downloading, check out these Personal Income Tax Calculators for FY 2010-11, FY 2011-12 and if you find any error, please provide your feedback to subramoneyplanning@gmail.com, so that I could find another site which has more accurate result.

Below is the links for those useful income tax calculators:

Tax Calculator exclusively for Salaried Individuals are available at http://www.ynithya.com/taxcalc/

Tax Calculator exclusively for Government of India employees are available at http://taxcalcindia.blogspot.com/

However, it is better advised to consult any qualified chartered accountant or tax consultant to know your actual Tax Liability.

The year is coming to an end and it’s time to plan and invest for saving your income tax.

Advance Happy 2012 and Successful Tax Free Savings!

Categories: Income Tax Calculation Tools, Money Basics, Personal Income Tax