Tax Templete

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Name XYZ

No. of Months in a Year 12 Male / Female


(Take July as
Current Month (enter number only) 9 1) f Overtime
Jul -
Gross Salary Fixed 30,000 Aug -
Overtime 2,500 Sep -
Night Shift 3,800 Oct -
Bonus & Others 30,000 Nov 2,500
Arrear 26,000 Dec -
Gross per month 92,300 Jan -
Taxable income 491,600 Feb -
Income applicable for tax calculation 491,600 Mar
April
May
Jun
2,500

Tax on income
Upto Rs. 150,001 to 200,000 = - 0.25%
Between 200,001 to 250,000 = - 0.50%
Between 250,001 to 300,000 = - 0.75%
Between 300,001 to 350,000 = - 1.50%
Between 350,001 to 400,000 = - 2.50%
Between 400,001 to 500,000 = 17,206 3.50%
Between 500,001 to 600,000 = - 4.50%
Between 600,001 to 700,000 = - 6.00%
Between 700,001 to 850,000 = - 7.50%
Between 850,001 to 950,000 = - 9.00%
Between 950,001 to 1,050,000 = - 10.00%
Between 1,050,001 to 1,200,000 = - 11.00%
Between 1,200,001 to 1,500,000 = - 12.50%
Between 1,500,001 to 1,700,000 = - 14.00%
Between 1,700,001 to 2,000,000 = - 15.00%
Between 2,000,001 to 3,150,000 = - 16.00%
Between 3,150,001 to 3,700,000 = - 17.50%
Between 3,700,001 to 4,450,000 = - 18.50%
Between 4,450,001 to 8,400,000 = - 19.00%
Over 8,400,001 to = - 20.00%
17,206
Total Tax Liability for the year 17,206
Tax Deducted Todate 8,650
Balance to be Deducted in remaining months 8,556
Balance to be Deducted per month 2,139
I. Tax
Shift Deduction
- 1000
- 1000
- 1000
- 1000
- 1200
3,800 1100
- 1150
- 1200

3,800 8,650

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