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Payroll

Time to declare Tax regime and Investment Tax Planning for FY 2021-22

Dear All HR and Payroll Team,

It is time to get collect Tax regime old regime status and New Regime under section 115bac for tax computation for new financial Year 2021- 22.

Because we are in April and this is very first month for this financial Year so we need to send form 12BA investment declaration form to all employees to collect their this year tax planning details before calculating tax for April 2021.

Download ready to use Excel Both tax regime tax calculation and compare Sheet.

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India Payroll Payroll

Download Income Tax Calculator in Excel for FY 2020-21 [AY 2021-22] Comparison Old and New Regime

Download Income Tax Calculator in Excel for FY 2020-21 [AY 2021-22] Comparison Old and New Regime.

Excel Tax calculator ready To help taxpayers here is a simple excel based Income Tax Calculator for the financial year 202021 (AY 2021-22). The calculator is made using simple excel formulas and functions.