Description

Income Tax Calculation FY 2024-25 Uttar Pradesh

How to use the Income Tax Calculator?

• This is an offline tool which is built in MS Excel.
• This software is for the employees of Uttar Pradesh in the financial year Designed to calculate income tax for 2024-25
• After downloading the software, it can be done easily.
• Incometax software will automatically calculate your tax amount according to income.
• The software is made in 5 parts. (i) Salary (ii) Other Deductions (iii) Tax Old Regime (iv) Tax New Regime (v) Form 16

The steps to use the tool are as given below –

(i) Salary – 

• Are You an Employee of The “NPS” Yes Or No (Select This Cell)
• Select Your City – Rural Or Urban.
• Select Your Grade Pay Level
• Select Are You Senior Citizen “Yes” Or “No”
• Select Bonus “Yes” Or “No”
• Mention Your School Name Or Office Name.
• Fill Employee Personal Data.
• Fille Basic Payment of March 2024.

(ii) Other Deductions – 

• Fill Other Deductions whose Income tax Exemption you want.

(iii) Old Tax Regime – 

• This sheet will show the Calculation as per the old income tax calculation by the Income Tax Department.
• This sheet will be Prepared Automatically, in which you will see all the Calculations of your Income Tax.

(iv) New Tax Regime – 

• This sheet will show the Calculation as per the New income tax calculation by the Income Tax Department.
• This sheet will be Prepared Automatically, in which you will see all the Calculations of your Income Tax.