Download Income Tax Calculator AY 2016-17 in Excel – Income Tax Calculator for Financial year 2015-16, AY 2016-17 have been created in excel format for free download. This calculator is exclusively designed for Bank employees based on the 10th Bipartite settlement with additional calculation of Income tax on arrears.
This Income tax Calculator for FY 2015-16 having many features which are commonly used while preparing the earning record along with form 16 of the Banker’s.
Any bank branch may utilize the services of this Income Tax Calculator to automatically generate the Earning Record along with Form 16 for any number of employees at bank branch. Branch may also calculate the arrears part of 10th Bipartite settlement since June also with the help of this Income Tax calculator.
Read Also : 10th Bipartite Arrears Tax Relief Calculator
Features of Income Tax Calculator FY 2015-16
The major features of Income Tax Calculator AY 2016-17 are :
- Automatic creation of Earning Record
- Calculation of HRA benefit city wise
- Auto calculation of EPF and NPS for deduction
- Perquisite calculation chart
- Create Tax 5 form automatically for declaration of employees about their investment
- Automatic generation of Form 16 for each employees.
This is the helpful features exclusively for askbanking.com viewers. Enjoy the benefit of the Income tax calculator and save your time.