Income Tax Calculator for FY 2012-13 (Excel Download) | Fixed ...

Written on March 16, 2012 at 6:58 pm by Amit Filed under Calculator, Income tax, Taxes {no comments}

If you are wondering?how much Income tax you would you save in next year 2012-13 post Budget 2012, here is a?calculator for you in excel format.

Below is the?Income Tax Slab for FY 2012-13. A significant difference is there is no more distinction between men and women as far as taxes are concerned.

Word of Cautions for using the Excel sheet:

• Only Orange Cells are input cells.
• Do not change any other cells as this may lead to Incorrect calculation.
• Do not leave any orange cell blank. This may lead to incorrect calculation. Instead, enter 0

Limitations of the calculator:

• This calculates Income tax only for people who have no losses/gains from House property or have a maximum of 1 House.
• For details of Assumptions & Income tax rules followed for the calculator Read -?Income Tax ? Some Common Rules & Regulations

Check out your Income tax for FY 2011-12!

The figure below shows the snapshot of?Income Tax calculator FY 2012-13

Disclaimer:?I am not a tax consultant. I have tried to incorporate all the Income tax rules & regulations best known to me. Its always advisable to consult an expert or a tax consultant to cross verify your tax liability.

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Source: http://apnaplan.com/income-tax-calculator-for-fy-2012-13-excel-download/

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