CENTRAL GOVERNMENT EMPLOYEES NEWS

7th PAY COMMISSION, 7th CPC NEWS, 7th CENTRAL PAY COMMISSION, 7th PAY SCALE, 7th PROJECTED PAY SCALE, 7th EXPECTED PAY SCALE, EXPECTED DA, DOPT ORDERS

You are here: Home / INCOME TAX / INCOME TAX FORM 16 CALCULATOR FOR GOVERNMENT EMPLOYEES

Latest Updates - What's New - Today's Hot
All Recent Comments - Today's Discussion
Latest 7th Pay Commission News
7th Pay Commission Pay Scale Calculator
Commutation Value of Pension Calculator
Pay Fixation on Promotion & MACP Calculator
Expected DA Calculator Jul 2019
Pay Matrix Table for Central Government Employees
7th CPC Pay Matrix Chart (Level 1 to 5)
7th CPC Pay Matrix Chart (Level 6 to 9)
7th CPC Pay Matrix Chart (Level 10 to 12)
7th CPC Pay Matrix Chart Level (13 to 14)
7th CPC Defence Pay Matrix Table
Hot Topic: WHAT PERCENTAGE OF DA WILL INCREASE FROM JULY 2019? 4% OR 5%
Hot Topic: AICPIN PRESS RELEASE MAY 2019 RELEASED - CLICK TO VIEW
Hot Topic: EXPECTED DA FROM JULY 2019 - DA 4% CONFIRM...5% POSSIBLE!

INCOME TAX FORM 16 CALCULATOR FOR GOVERNMENT EMPLOYEES

6 Comments

INCOME TAX FORM 16 CALCULATOR FOR GOVERNMENT EMPLOYEES AY 2017-18: 

TDS certificate form 16:

Form 16 is the certificate of deduction of tax at source and issued on deduction of tax by the employer on behalf of the employees.

These certificates provide details of TDS / TCS for various transactions between deductor and deductee. It is mandatory to issue these certificates to Tax Payers.

INCOME TAX FORM 16 CALCULATOR FOR GOVERNMENT EMPLOYEES
(Certificate u/s 203 of the Income Tax Act 1961 for Tax Deducted at Source on Salary)
Details of Salary Paid & Other Income and Tax Deducted Amount (in Rs.)
1 Gross Salary
2 Less:Allowance to the extent exempt u/s 10
3 Balance (1-2)
4 Deduction:
(a)Entertainment Allowance
(b)Tax on Employment
5 Aggregate of 4 (a) & (b)
6 Income chargeable under the Head Salaries (3-5)
7 Add:Other Income reported by the Employee
(a) Income/Loss from House Property
(b)Income from other sources
8 Gross Total Income (6+7)
9 Deductions Under Chapter VI-A(80C, 80CCC & 80CCD) (Max.1,50,000)
GPF
CGEGIS
LIC
Tuition Fees
PLI
NSC
HBA Principal
PPF
ULIP
Pension Fund
IDBI/ICICI/Other Savings
Contribution to DCPS
Medical Insurance
Physically Handicapped Relif
CONTRIBUTION TO PM/CM R.FUND
PHYSICALLY HANDICAPPED SELF
10 Aggregate of Deductable Amount Chapter VI-A
11 Total Taxable Income (8-10)
10% ()
20% ()
30% ()
12 Tax on Total Income
13 Rebate U/C 87A
14 Net Taxable Income
15 Surcharge
16 Educational Cess 3%
17 Tax Payable

[Note: All the figures are indicative]

INCOME TAX CALCULATOR – PRE & POST BUDGET 2017

7th Pay Commission Pay Matrix Tables for CG Employees
Click to View All Pay Matrix Tables

Children Education Allowance & Hostel Subsidy - All Guidelines

Comments

  1. INCOME TAX FORM 16 CALCULATOR FOR GOVERNMENT EMPLOYEES AY 2018-19……TDS certificate form 16.Please Making New form 16 calculator …

    Reply

  2. 7 cpc recommended RISK & hardship allowance for fire fighting staff of central government & u’t
    But not released of letter for risk & hardship allowance from ministry of finance.

    Reply

  3. I have a central government employee , i confused the DCPS Constribution wich section claimed . Ples so tell me

    Reply

  4. In 6th pay commission m. p. Govt. Add pay grade 3200.how can we calculate mp govt employees fixassion in 7pay commission. Please guide us. Thanks.
    Santosh Sharma

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *