Here is the Excel file for the Income Tax Calculator for the financial year 2011-2012, specifically designed for Central Govt and State Govt Employees. This tool aims to assist government employees in estimating their actual Taxable Income for the Financial Year 2011-2012 and Assessment Year 2012-2013.
If you encounter any discrepancies or require guidance on this calculation, please contact me via email.
From India, Bolpur
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53If you encounter any discrepancies or require guidance on this calculation, please contact me via email.
From India, Bolpur
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Basic pay is the pay that is in effect for a particular year until one's pay grade is next touched. On the other hand, at the time of joining, the grade pay is mentioned in the appointment letter as 5000 - 500 - 10000 - 750 - 12500 - 1000 - 15000.
Regards,
Madhusudan
C.A. Final, MBA
From India, Madras
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Regards,
Madhusudan
C.A. Final, MBA
From India, Madras
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INCOME TAX CALCULATOR FA 2010-11 MAHARASHTRA EMPLOYEES.xls