Income Tax Calculator Sample
TAX Calculator on Salary Income (Tax Year 2011)
Taxable amount from july to june (2010-11)
1,010,000
Any Other Taxable Income (if any)
-
WHO TO USE ?
Please first calcuater the Taxable Income at your own.
Taxable Salary Income 1,010,000
Tax Payable for the year 2010-11
Male or
90,900
Female Employee =
Honoraria + Bonus ect. drawn during the year 2010-11
Note. While calculating Taxable Income, House Rent to be included in Gross Salary only to those employees
to whome accomodation is being provided by MEPCO
Note. Tax Credit is allowed in case of withholding tax deducted on withdrawal from bank,
motor vehicle token tax, electricity bills, telephone bills, mobile bills and Motor Vehicle Registration Fee
B3 (Taxable amount of whole year)
Then put the taxable amount in Calumn B3 only
Taxable amount = Gross Salary + Cost of Electriciy +House Rent+Arrear+
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Income Tax Calculator Sample XLS
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