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View Poll Results: Was this calculator helpful to you?
Yes 158 85.41%
No 11 5.95%
Can't Say 16 8.65%
Voters: 185. You may not vote on this poll

Update : Mar-2009

Hi All,

Thank you for all the comments and requests for the calculator. I have sent the calculator to many requesters, however with time constraints it is not always possible to reply to each and every one of you. So, I have put this simple excel based calculator on my blog PersonalMoney.in. You can download and use to calculate your personal income tax liability from this blog.

Regards,

Manish Misra
PersonalMoney.in

__________________________________________________ _______

Original Post

Hi All,

Check out this Personal Income Tax Calculator and provide your feedback. Just enter your salary particulars and amount of your tax saving investments and know the Tax Payable by you in FY-08-09 according to the new provisions laid out in Budget 2008-09.

The link of calculator removed. In case you need it post comment to get XLS file sent as a Private Message (PM) to you.

Also find other interesting articles and calculators on Budget 08-09 http://budgetwithet.economictimes.indiatimes.com

Regards

Manish

From India, New Delhi
For those who are interested in getting a slightly enhanced version of FY 2008-09 tax calculator, post reply and participate in Poll.
People who will post comments on my board will get a PM from me containing the Tax Calculator XLS file :-)

From India, New Delhi
Error in calculator. It should deduct the "Interest Paid on housing loan", from the gross income but it actually add it. Please modify the calculator.

Manish
Is it some kind of a joke? Either you want to share the information or you dont want to share.
What is the reason behind asking for votes for information that is not shared? Or is it a way of getting people's email ids?
Richa

From India, Pune
Hi Malkesh,
You can put minus symbol and the amount on relief on housing loan interest then you will get the correct and actual calculation
Hi Manish,
Can you clarify my query about provision for PT exemption. Is that clause removed in this budget, or is it missed out in this tax calculator
Kindly clarify
Preet

From India, Bangalore
Hi malkesh, Thanks! for your feedback. The XLS is corrected to that effect. I am attaching it for you and for the benefit of other boarders. Manish
From India, New Delhi
Attached Files (Download Requires Membership)
File Type: xls tax_calculator_fy-2008-09_169.xls (41.5 KB, 2692 views)

Hi Richa,
It was a deliberate attempt, because the post was getting a lot of Views, but no one was commenting or providing feedback/improvement suggestion for the XLS Calculator.
Malkesh was the first to point a valid ERROR in the XLS. I have rated him 5 stars for his input. Keep it up man!!
You are right this is a platform for sharing, by sharing it means two way sharing not one way! any ways now that you have raised a concern I have attached the XLS in my previous post. Go ahead and try it out.
AND... don't forget to write back in case you encounter any ERROR or ISSUE in it. Will try to fix it and post back the XLS.
Manish
PS : I don't expect any one to write their email IDs or contact numbers in their posts. But please provide valid feedback for the calculator. No junk please. Thanks!!!
Hi Preet,
Please provide more details, will try to clarify to the best possible.
Manish
[/i]

From India, New Delhi
Hi Manish, Like PF amount getting reduced while calculating the tax, the professional tax deducted from the employee will also be reduced while calculating the tax. Preet
From India, Bangalore
DEAR ALL,
SOME FUNNY JOKES HAPPENING WITH THIS POSTING IF ANYONE INTERESTED IN INCOMES TAX CALCULATOR PLEASE CLICK THE BELOW LINK SO THAT EVERYONE WILL SAVE SOME TIME.
HTTP://
REGARDS
JOSEPH

From India, Mumbai
Hi
Find an excellent user friendly tool to prepare income tax returns for AY 08-09. Just log on to http://tax.economictimes.com and prepare your tax returns for FREE. Hurry the last date of filing your income tax returns is July 31.
Regards
Manish

From India, New Delhi
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