As per the New Finance Budget 2015 the Tax Slab have not change and the Tax Slab is the same as previous Financial Year 2014-15. Some Changes in this Budget and hike the limit of some Section which is given below :-
1) Travelling Allowances hike up to Rs. 19200/- P.A.
2) U/s 80CC hike the limit Rs. 1.5 Lakh
3) U/s 80U hike the Max Limit Rs. 75,000/- up to 80% and 1,25,000/- above 80% for Phy.disable person.
4) New insert a deduction U/s 80C ” Sukanya Samriddhi Account” Max.Limit Rs. 1.5 Lakh. for minor Girl Child.
5) U/s 80D hike the limit up to Rs. 25,000/- for below 60 years age and Rs. 30,000/- for Sr.Citizen
Download the Automated Form 16 Part A&B and Part B for FY 2015-16 and Ass Yr 2016-17 [ This Excel Utility can prepare One by One Form 16 Part A&B and Part B for FY 2015-16]
Feature of this Excel Utility:-
- Automatic prepare the Form 16 Part A&B and Part B both in a single Excel Utility for FY 2015-16
- All the Changes of each Tax Section as per the Budget 2015 has incorporate in this Utility
- You can use this utility as Income Tax Calculator for Assessment Year 2016-17
- In this Excel Utility have this facility to change the Period of Financial Year.
- Automatic Convert the Amount in to the In Words
Main Input Sheet
Form 16 Part A&B
Form 16 Part B