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Income tax calculation sheet for the financial year 2019-20 [AY 2020-21] Automated Salary Tax Calculator along 15+ other Features

Click here to download automatic Complete Payroll Calculator in Excel. This Excel Software have includes most likely all part of Payroll Calculation. It’s Includes following Feature:-

  • You can calculate Cost to company CTC Automatic once you put total ctc.
  • You can restructuring of allowances and CTC components as per your need.
  • Income Tax  to be calculate automatic.
  • You can set your investment Declaration / Proofs Planing as per requirement.
  • This sheet will calculate House rent allowance ( HRA Rent Exemption calculation) under section 10(13A) automatic as per your rent paid and selected location.
  • You can customize your structure like add / less : PF (Employees’ Provident Fund), Employment State Insurance ( ESIC), Gratuity, Mediclaim, any other benefit, Bonus, Minwages.
  • You can control to deduct PF on Basic OR PF on Allowances or PF on min wages of PF or you can select No if you are not eligible for pf deduction.
  • You can Se-off loss / income from house property u/s 24(b) as per Income Tax Act.
  • You can add reimbursement components as per bills planing to get more benefit in tax.
  • This sheet will give you Net payment Automatically as per your change.
  • Best part of this software is that, you can generate  your salary pay slip from CTC in one click and change payslip in excel as per needs.
  • We have added logo on slip so that you can change it.
  • You can generate any month salary slip from excel format in one click even you can generate full and final slip.
  • Free download
  • Paid Support Available at :
  • Email: ajityadav121@gmail.com
  • Call/WhatsApp: +91 9654421288

Click here to Download Automated Excel Sheet to calculate cost to company (CTC), Income Tax Calculation for financial year 2019-20 along with all investment planning (Deduction U/C VI-A)  and all Major Exemptions allowed + reimbursement  in Salary.

This sheet will allowed to planning your tax saving, make salary structure as per your choice and know the Net in hand Automatically.

Thanks!