All in One Income Tax preparation Excel Based Software for West Bengal Govt employees For F.Y. 206-07 ( This Excel Utility can prepare at a time your Tax Compute Sheet + Individual Salary Structure + Individual Salary Sheet + Automated HRA Calculation + Form 16 Part A&B and Part B)
The Financial Year have already started since the 1/4/2016 and which will be the end of March 2017. In this Financial year have already passed the New Central Finance Bill and some Income Tax Section introduce to the Income Tax Payers ( All Salaried Persons). It is observed that the Income Tax Slab has changed up to Rs. 2.5 Lakh and the Section 80C also Raised up to Rs. 1.5 Lakh in this Financial Year 2016-17, Tax Slab For Men and Women is Rs. 2,50,000/- = NIL and 2,00,001 to 10,00,000/- Tax @ 10% and above 10,00,000/- @30%.
The New Income Tax Section started from the Financial Year 2013-14 is given below:-
Section 87A Tax Rebate Rs. 5,000/- who's Taxable Income not more than 5,00,000/-
Section 80EE, House Building Loan Interest who's HBL interest started since 1/4/2013 Max Rs. 1,50,000/- additional amount of U/s 24 B.