Plan Income Tax on Your Salary and Deduct proportionate TDS in time
To calculate income tax on the Gross Salary, there is first/general need to know the gross salary amount for salaried persons. I have prepared the salary statement in which anyone can store his salary monthwise. It's main quality is that you have no need to set Salary Statement format. Once you type your basic in first coloumn, all necessary coloumns automatically captured. After than any amount can be changed showing in only white cell. With the help of below excel based sheet calculate your gross salary and plan your income tax with the help of online Income Tax Calculator for the Current Financial Year 2010-11 available at www.fastwroking.blogspot.com