Does anyone have a spreadsheet which can be used for tzx calculation by entering the salary components and investment details? thanks Monoswi
From India, Mumbai
From India, Mumbai
Hi Abhilash, Thanks for posting such an informative excel sheet for tax calculation. Kindly tell me what is TDS in the sheet and how it has be computed. Regards Abhishek Srivastava
From India, New Delhi
From India, New Delhi
Hi Abhishek,
TDS in the sheet is what amount of tax you would like to deduct for each of the employees in the months listed.
Usually the total tax payable is equally divided across all the months.
But in a few companies tax is deducted in three installments in the months of Jan,Feb and March.
Let me know if you have any questions.
Regards
Abhilash
TDS in the sheet is what amount of tax you would like to deduct for each of the employees in the months listed.
Usually the total tax payable is equally divided across all the months.
But in a few companies tax is deducted in three installments in the months of Jan,Feb and March.
Let me know if you have any questions.
Regards
Abhilash
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Tax calculation.xls