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Can anyone please upload the Excel Utility for Income Tax calculation for F.Y. 2018-19 incorporating Rs. 40,000 deduction from taxable income which is applicable for all salaried employees?
Here you go: https://wbxpress.com/simple-income-tax-calculator-2018-19/
If you want a complete answer and at the same time take care of employee taxes then I suggest you use the services of a tax consultant, they can do payroll services, Corporate Income Tax Return, Individual Tax Return.