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Annual Salary Calculator 2020-21(ASSESSMENT YEAR 2021-22)(Read carefully and fill properly....)
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if you see "Unprotect Sheet" Dialogue just cancel it and go to DATA ENTRY CELL(pink or blue cell)
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Colour Indicators-->--> DATA ENTRY CELL--> Drop Down boxesMONTH CODES: JAN=1, FEB=2..MAR =3, ......DEC=12.
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SALARY PARTICULARS****updated on 27/12/2020
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PAY PARTICULARS
Please read every row carefully. Then fill-up the data in pink or blue cells.
Click here to watch video on YouTube
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CLICK HERE TO ENTER YOUR DETAILSClick here to go to 'Editing Sheet'
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1)If u Select AUTOMATIC (It Enters ur salary every Month),YEAR (It calculates for Whole Year)YEAR
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2)Select Employee Group:(A,B,C,D A(NPS),B(NPS),C(NPS),D(NPS), A(AIDED),C(AIDED),,,,CC
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3)Enter Basic Pay as in March-202007
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DAY/DA%Month0Click here to go Form No.16
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4)ENTER ANNUAL INCREMENT TAKEN DATE/MONTH(DD/MM)070
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5)ENTER TIME BOND TAKEN DATE/MONTH(DD/MM)100
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6)Enter lncreased DA% of January; then Enter Month Code11.25%0.00%00ಆದಾಯ ತೆರಿಗೆ: ಫಾರ್ಮ್ ನಂ.16
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7)Enter lncreased DA%, of July; then Enter Month Code0.00%0Enter4
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8)Select Surrender Taken Month Code (Ex:-Jan=1, Mar=3 NO=0, ..)0Amount
0
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9)Select Your City for CITY ALLOWANCES or OthersOTHERS0C
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10)USE THIS COLOUMN AS OTHERS then Enter AmountNOOTHERS0Click here to add any other income details
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11)Select PH/OTHERS/Special PayOTHERS0
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12)Select YES for Auto Calculatuon of Pay Arrears , Otherwise NONO00
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13)IF you are Not getting HRA Allowance Select NoHRA otherwise Select HRAHRAwww.freegksms.blogspot.in
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DEDUCTIONSDEDUCTIONS IN SALARYEnter
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AmountREVISED PAY SCALES (6th PAY) INCREMENT RATE
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14)Taxes Paid in Advance/ Others... then Enter AmountTAX PAID017000-400-18600-450-20400-500-22400-550-24600-600-27000-650-29600-750-32600-850-36000-950-39800-1100-46400-1250-53900-1450-62600-1650-72500-1900-83900-2200-97100-2500-112100-2800-128900-3100-150600
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15)Select LIC then Enter AmountLIC0
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16)
Select KGID.. then Enter Amount
0KGID0
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17)Select FA, ROP, NPSArrs or OTHERS.. then Enter Amount0FALSE
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18)0FALSE0GPF
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19)SELECT SEX:-MALE
ANNUAL SALARY STATEMENT FOR THE FINANCIAL YEAR 2020-21
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Standard DeductionYESNAME OF EMPLOYEE:- SOMASHEKHAR M BELLUBBIKGID NO:- ggPAN NO:- KJH765JyyyBANK A/C NO.:- 000066700000
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EDITINGFINANCIAL YEARSCHOOL/OFFICE:- GHPS BANAHATTI TOTATQ;- RABAKAVI-BANAHTTIDIST:- BAGALAKOTEIFSC CODE:- Dd67ghh
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4/1/2020<--->3/31/2021MONTHSPAY PARTICULARSGROSS SALARYDEDUCTIONSDEDUCTIONSNET SALARY0
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20)Editable Month
Wise DA%		YOU CAN EDIT YOUR BASIC PAY HEREEDITABLE HRA % (MONTH)BASIC PAYDAHRAMAOTHERSOTHERSOTHERS
TAX PAID
FALSEP.TAX LICKGIDFALSE3
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30.00%00%Mar-2000000000000000004
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40.00%00%Apr-2000000000000000005
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50.00%00%May-2000000000000000006
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60.00%00%Jun-2000000000000000007
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70.00%00%Jul-2000000000000000008
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80.00%00%Aug-2000000000000000009
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90.00%00%Sep-20000000000000000010
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100.00%00%Oct-20000000000000000011
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110.00%00%Nov-20000000000000000012
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120.00%00%Dec-2000000000000000001
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10.00%00%Jan-2100000000000000002
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20.00%00%Feb-2100000000000000003
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HRA21)HRA EXEMPTION u/s 10(13A)
DA Arrs¹
00000000
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a)Actual HouseRent paid -Rs.0
DA Arrs²
0000000
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Select Metro/NonMetro(If RENT paid)..Otherwise
select HRA Deductible/Not Deductible		HRA Not Deductible
SURRENDER
00000000
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b)
Pay Arrs
0000000FALSE00
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TOTAL00000000000000000
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0Pls go to Sl.No.22000000
http://freegksms.blospot.in
Mobile:8951926000
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22)Click on DROP-DOWN then selectDATE:-30/12/2023. 18:4000SIGNATURE OF THE EMPLOYEE
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DEDUCTIONS
SERIAL NUMBER
DEDUCTIONS U/s 80CAMOUNTMax Amt0DEDUCTIONS UNDER OTHER SECTIONSMax AmountDed AmountDRAWING AND
DISBURSING OFFICER
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1)Postal Life Insurance(PLI)0Maximum Deductible Amount u/s 80c is -->Rs. 1,50,00010)Covid-19 Relief Fund Donation(80G)NoLimit0DDO:-BLOCK EDUCATION OFFICER
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2)Tuition Fees paid (Max 2 Children)011)Medical Expenses on PH Dependents(40%)(80DD)750000DDO NAME:-Sri C M NYAMAGOUDA
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3)Postal Life Insurance(PLI)012)Medical Insurance Premium(80D)250000FATHER NAMEMALLAPPA
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4)National Savings Scheme(NSC)013)Interest Paid on Home Loan(U/s 24)2000000PAN NO:-0
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5)Tuition Fees paid (Max 2 Children)014)Interest Paid on Edn Loan(80E)NoLimit0TAN NO:-BLRB06790A
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6)Paid Principal Amt of Home Loan015)Deduction for Treatment of Specified Disease(80DDB)400000PLACE:-JAMAKHANDI
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7)Other Authorised LICs016)Interest earned from SB A/c(u/s 80TTA)100000TALUK:-Jamakhandi
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8)National Savings Scheme(NSC)017) Less: relief under section 89(attach details)0DISTRICT:-Bagalkot
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9)Pension Plans of LIC & OTHERS(Sec80CCC)018) Tax deducted at source u/s 192(1)0PIN CODE:-587301
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19)Self Contribution to NPS (U/s 80CCD(1B)500000created by-somashekhar
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TAXSOMASHEKHAR M BELLUBBI. YOUR PAYABLE TAX(OLD REGIME) IS Rs.0Zero Rupees
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SOMASHEKHAR M BELLUBBI. YOUR PAYABLE TAX(NEW REGIME) IS Rs.0Zero Rupees
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YOUR PAYABLE TAX(OLD REGIME) IS Rs.
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ಮನೆ ಬಾಡಿಗೆ ಭತ್ಯೆ ತೆರಿಗೆಗೆ ವಿನಾಯಿತಿ ಪಡೆಯುವ ಮುನ್ನ ಈ ಕೆಳಗಿನ ಅಂಶಗಳನ್ನು ಗಮನಿಸಿ.
YOUR PAYABLE TAX(NEW REGIME) IS Rs.
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ENTER EMPLOYEE DETAILS HERE
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**
House Rent Allowance (HRA) is an allowance paid by the employer to its employees for covering their house rent.
NAME OF EMPLOYEE:-SOMASHEKHAR M BELLUBBI
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A deduction from such HRA is allowed under section 10(13A), which is least of the following: –
SCHOOL/OFFICE:-GHPS BANAHATTI TOTA
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1)
HRA received
TQ;-RABAKAVI-BANAHTTI
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2)
40% of salary (50% of the salary if the rented property is in Metro City i.e. Mumbai, Delhi, Chennai or Kolkata)
DIST:-BAGALAKOTE
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3)
Actual rent paid less 10% of salary
KGID NO:-gg
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You can use this HRA calculator to calculate deduction allowed for HRA under section 10(13A) and Rule 2A of the Income Tax Act.
PAN NO:-KJH765Jyyy
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CLICK HERE TO CALCULATE ONLINEBANK A/C NO.:-000066700000
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Meaning of salary for HRA exemption calculation
IFSC CODE:-Dd67ghh
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BANK NAME /BRANCHSBI BANAHATTI
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**
Salary includes basic salary, dearness allowance (if it enters into retirement benefits)
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and fixed percentage commission on turnover achieved by the employee.
CLICK HERE TO RETURN
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**
Salary is taken on the due basis for HRA calculation.
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**
Salary is taken only for the period for which House Rent Allowance is received.
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NOTE:- In Sl. No. 21(B) don't Select "HRA Deductible" if you are not paying any HOUSE RENT.(It's your 'OWN RESPONSIBILITY)
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FOR LATEST UPDATES CLICK HERE or WhatsApp # +91 8951926000 (after 5 p.m.)
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LIST OF All CIT(TDS) addresses for Form No.16
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some important sections
Deductions (NEW REGIME)
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Sections
What is it about?
LimitsSL NoParticularlsAMOUNT
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Section 80C
Income Tax Deduction for investing into very common and popular investment options like LIC, PPF, Sukanya Samriddhi Account, Mutual Funds, FD etc
Upto Rs 1,50,000
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d popular investment options like LIC, PPF, Sukanya Samriddhi Account, Mutual Funds, FD etc
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Any compensation received to meet the
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Section 80CCC
Income tax deduction for the investment in Pension Funds``
cost of travel on tour or transfer
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Section 80CCD (1)
Income Tax Deduction for APY & NPS Contribution
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Section 80CCD(1B)
Income Tax Deduction for APY & NPS Contribution
Upto Rs. 50,000 (Outside the 80C Limits)
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Transport allowances in case of a
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Section 80CCD(2)
Income Tax Deduction for NPS Contribution by Employer
Amount Contributed
specially-abled person.
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or