Auto Income Tax Calculator version 16 for F.Y. 2021-22 (A.Y.-2022-23) in Old & New Regime(Both)
Year 2021-22 has started. Govt. has introduced a new tax regime (system) from last
financial year (with a lower tax rate without any exemption/deduction). Which
will continue in this financial year too. Every individual and employer have to
choose any one suitable regime between Old(existing) and New income-tax regime
for TDS deduction and filing the ITR.
For your help, Auto tax Calculators for F.Y. -2021-22 is available for download. This
will help you to calculate the tax liability and compare among both regimes in very
simple way with less time and fewer efforts, it suggest that which tax regime
would be better option for financial year 2021-22 for TDS. If excess TDS is
deducted due to wrong selection of tax regime. You can choose the right tax
regime to claim the refund at the time to filing of ITR.
In this Auto tax calculator’s
version. you will be able to calculate the Income tax and print the computation
sheet according to your selected tax regime. A (hyper linked) mini ready
reckoner is also there to help you, where you can know the latest rates, information
and rules of taxation, Exemption and deduction.
you will like and share this creation. If you find any inconsistency please
write at firstname.lastname@example.org. I will try to amend/rectify.
Auto tax calculator with salary statement for F.Y 2021-22 will be available very
soon on this site.
also working on most demanding utility of calculator with data saving and
printing option on a single calculator. You will be able to save/retrieve data
of the whole staff/Clients and prepare/print computation and form-16 on a
Auto Income Tax calculator version-16 for F.Y.-2021-22(A.Y.2022-22) in Excel