The Financial Year 2015-16 is running and which is end in the month of Marc 2016.As per the New Finance Budget 2015 have some changes of some Income Tax Section and some Section have include in this Financial Year 2015-16.
The Income Tax Slab has not changed as the previous financial year 2014-15
The Tax Rebate Rs.2,000/- will be continue in this Financial Year
The limit of of Section 80D has already raised up to Rs. 25,000/- for general and Rs. 30,000/- for Sr.Citizen.
The Income Tax Section 80U has also raised up to Rs. 75,000/- for general and above 80% Rs. 1.25,000/-. In the Section 10 as Traveling Allowances raised up to Rs. 1600/- P.M. and Rs. 3200/- For Phy.disable persons.
The below given an Excel Based Software which can prepare at a time 50 employees Individual Salary Structure + Form 16 Part B for the Financial Year 2015-16 and Ass Year 2016-17. This Excel Utility can use both of Govt and Non-Govt Concerned as well as Employees.
Main Feature of this Excel Utility :-
1) Prepare at a time 50 employees Form 16 Part B with Individual Salary Structure for Govt & Non-Govt employees.
2) The all amended Section as per the Finance Bill 2015 have in this utility
3) Automatic Prepare the Form 16 Part B after filling the main Data Sheet (Individual Salary Structure)
4) Automatic Convert the Amount in to the In-word without any Excel Formula
5) You can use this Utility more than 10 Computer & easy generate for Form 16 Part B for F.Y. 2015-16
6) Easy to calculate the Gross Salary by the Individual Salary Structure
7) The Salary Structure will be fit for any Govt or Non-Govt Concerned Salary Pattern.
Below Given the Snapshot of this Utility :-
Deductor's Details Sheet
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Individual Salary Structure for Govt & Non-Govt employees
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Tax Deduction Section Wise Sheet
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Amended Form 16 Part B
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