Department: Income Tax
The vision of Income Tax Department is to be a partner in the nation building process through progressive tax policy, efficient and effective tax administration and improved voluntary compliance.
- Simple Income Tax Calculator with Interim Relief
This Excel Utility calculates Income Tax of Salaried Person considering Interim Relief. Prepared by: Sri Somnath Das, Judicial Department, Katwa, Burdwan.
- Simple Income Tax Calculator 2016-17
Simple Income Tax Calculator 2016-17 is an Excel Utility which calculates Income Tax of Salaried Person. It also prepares Form 16, Salary Statements, HRA Exemption etc.
- Simple Income Tax Calculator 2015-16
Simple Income Tax Calculator 2015-16 is an Excel Utility which calculates Income Tax of Salaried Person. It also prepares Form 16, Salary Statements, HRA Exemption etc.
- Income Tax Rates for Assessment Year 2015-16
For Individual (age below 60 years), Income Tax is Nil upto a Net Income of Rs. 2,50,000/-. Ceiling for Tax Exemption amount raised to Rs. 1,50,000/-
- Income Tax Rates for Assessment Year 2014-15
For Individual (age below 60 years), Income Tax is Nil upto a Net Income of Rs. 2,00,000/-. Beyond that Tax @ 10% upto Rs. 5,00,000/- and there is a rebate of Rs. 2000/- only.
- Simple Income Tax Calculator 2014-15
Simple Income Tax Calculator 2014-15 is an Excel Utility which calculates Income Tax of Salaried Person. It also prepares Form 16, Salary Statements, HRA Exemption etc.
- Highlights of Union Budget 2014-15 for Individuals
Income tax exemption limit raised by Rs 50,000 to Rs 2.5 lakh and for senior citizens to Rs 3 lakh. Exemption limit for investment in financial instruments under 80C raised to Rs 1.5 lakh from Rs 1 lakh.
- Submission of 24G/24Q/26Q by TOs and DDOs within 31.03.2014
All the DDO’s/ Cheque drawing officers of Works and Forest Dptts./ Treasury officers and departmental authorities are requested file returns within 31.3.2014 and thus be relieved of the fines and penalties already imposed by the IT authority.
- Income Tax Rates for Assessment Year 2010-11
For Individual (age below 60 years), Income Tax is Nil upto a Net Income of Rs. 1,60,000/-
- Income Tax Rates for Assessment Year 2011-12
For Individual (age below 60 years), Income Tax is Nil upto a Net Income of Rs. 1,60,000/- which is same as the previous year.