Income Tax Calculator For FY 2014-15Download the Income Tax Calculator for FY 2014-15 or AY 2015-16. This Income Tax Calculator is created through excel utility with latest income tax slabs.

Income Tax Calculator Utility is helpful for bankers especially which included all the forms in one i.e. You can generated the following statement through this utility

1. Earning Record of Individual Employee

2. Deduction Form with Challan Details

3. Auto Generated Tax 5 for investment

4. Automatic Generated Form 16

Income Tax Slab Rates for financial year 2014-2015 – AY: 2015-16

For Men
Upto Rs. 2,50,000Nil
Rs. 2,50,001 to Rs. 5,00,00010 per cent
Rs. 5,00,001 to Rs. 10,00,00020 per cent
Above Rs. 10,00,00030 per cent
For Women
Upto Rs. 2,50,000Nil
Rs. 2,50,001 to Rs. 5,00,00010 per cent
Rs. 5,00,001 to Rs. 10,00,00020 per cent
Above Rs. 10,00,00030 per cent
For resident individual of 60 years or above (Senior Citizens)
Upto Rs. 3,00,000Nil
Rs. 3,00,001 to Rs. 5,00,00010 per cent
Rs. 5,00,001 to Rs. 10,00,00020 per cent
Above Rs. 10,00,00030 per cent
For resident individual of 80 years or above (Very Senior Citizens)
Upto Rs. 5,00,000Nil
Rs. 5,00,001 to Rs. 10,00,00020 per cent
Above Rs. 10,00,00030 per cent

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