Govt. has pushed for adoption of the tax new tax regime of lower tax rates in a big way. The new tax regime is by default in nature but Assesses can choose the old income-tax regime at the time employers are deducting TDS. OR at the time for filing of ITR.
Now It is very difficult for taxpayers to choose suitable regime without calculate the actual tax according to both regimes. This Auto Income tax Calculator Version 18.1 tool will help you to calculate and compare according to both regimes in very simple way with less time and fewer efforts and suggest you that which tax regime would be better option for financial year 2023-24.
You can Prepare and print
1) Salary Statement
2) Computation sheets in Both (New & Old regime) or eighter,
3) Tax Calculation sheet &
4) Calculation of Income from House Property.
You can read brief detail of applicable rules and Information for rates, deduction & exemption with hyperlinks to clear and understand the aspects.
Auto Income Tax Calculator with Form-16, Salary statement is available in Version 18.2
Auto Income Tax Calculator (software) with data save facility is available in 18.3
For Professional/Official use, Subscribe the Original version 18.5 (software), All in 1 with unlimited numbers/time to Save/retrieve/Print data of your clients/staff. Please mail at email@example.com