Breaking News
Loading...
Share It

Tuesday, 17 June 2025

  

Old and New Tax Regime

When it comes to managing your income tax, most of us focus too much on the Old vs New Tax Regime debate. But have you ever thought that it’s actually more about how you save versus how you spend? With the Budget 2025 rolling out new policies, Non-Government Employees need to shift focus. It's no longer just about choosing a regime—it's about making informed financial decisions. And thanks to Automatic Income Tax Preparation Software All in One in Excel, making those choices is now easier and smarter.

Table of Contents

Sr#Headings
1Understanding the Budget 2025 Mindset
2Old Vs New Tax Regime: What's the Fuss?
3The Bigger Picture: Saving Vs Spending
4How Tax Software Helps You Plan
5Why Non-Government Employees Need Special Tools
6Features of Excel-Based Automatic Tax Software
7Income Tax Software for the Non-Govt Employees for F.Y. 2025-26
8Maximising Deductions with the Right Strategy
9Form 10E and Section 89(1): Easy Calculations
10Staying Updated with Budget 2025 Rules
11Benefits of Choosing Smart Software Over Manual Efforts
12Saving is the New Earning
13How to Use the Excel Tool Step by Step
14Common Mistakes to Avoid While Filing
15Conclusion: Make Saving a Habit, Not a Compulsion

1. Understanding the Budget 2025 Mindset

Budget 2025 is not just a document full of numbers. It’s a mindset shift. It urges you to stop reacting and start planning. Whether it’s a tax rebate or a new exemption, the idea is clear: be intentional with your money.

2. Old Vs New Tax Regime: What's the difference?

Everyone debates which tax regime is better. But that’s like arguing over whether a bike or car is better—it depends on where you’re going. Similarly, your income, deductions, and savings goals determine what works best.

3. The Bigger Picture: Saving Vs Spending

This year’s budget makes one thing clear: it’s not about how you file, it’s about how you live. Are you saving for the future or spending without a plan? That’s the real question, and that’s where tax software helps.

4. How Tax Software Helps You Plan

Automatic Income Tax Preparation Software does more than calculate your taxes. It helps you see the entire picture—your income, exemptions, deductions, and potential savings. It's like a mirror for your financial life.

5. Why Non-Government Employees Need Special Tools

If you're a non-government employee, you often don't get the same perks as pensions or fixed benefits. This means your savings plan must be sharper, and your tax planning—smarter. That’s where Income Tax Software for the Non-Govt Employees for F.Y. 2025-26 plays a key role.

6. Income Tax Software for the Non-Govt Employees for F.Y. 2025-26

This software is specially tailored for salaried professionals who don’t work in government sectors. It adapts to your income type, provides real-time tax calculations, and even helps you choose the better regime.

7. Maximising Deductions with the Right Strategy

Do you invest in ELSS, PPF, NPS, or 80D health policies? The software maps your deductions, showing you which regime gives better benefits. It also nudges you to save more by showing potential tax reductions.

8 . Staying Updated with Budget 2025 Rules

With tax rules changing every year, staying updated is tough. The software is built to incorporate Budget 2025 changes like revised slabs, deductions, and rebates. You focus on saving; it handles the updates.

9 . Benefits of Choosing Smart Software Over Manual Efforts

Using smart tax software saves time, reduces errors, and increases accuracy. Think of it like using Google Maps instead of asking for directions—faster, clearer, and always updated.

10. Saving is the New Earning

The less you pay in taxes (legally), the more you save. And every saved rupee is an earned rupee. The software helps you shift from reactive tax filing to proactive financial planning.

11. How to Use the Excel Tool Step by Step

  1. Download the file from the link below
  2. Enter your income details
  3. Choose your deductions
  4. Compare both regimes
  5. View and print the final tax sheet
  6. Submit it along with Form 10E

It’s that simple!

12. Common Mistakes to Avoid While Filing

  • Forgetting to claim deductions
  • Filing under the wrong regime
  • Ignoring Form 10E
  • Manual miscalculations
  • Not using updated budget figures

This software helps eliminate all of these.

13. Conclusion: Make Saving a Habit, Not a Compulsion

Tax season shouldn't be a yearly stress-fest. With Automatic Income Tax Preparation Software All in One in Excel, you’re not just saving taxes—you’re building smart money habits. Remember, it’s not Old vs New anymore. It’s Saving vs Spending. Make the smarter choice today.

Frequently Asked Questions (FAQs)

1. What is the main difference between the Old and New Tax Regime?
The Old Regime allows multiple deductions, while the New Regime offers lower tax rates but removes most exemptions.

2. Can Non-Govt employees use this Excel-based tax software?
Yes, it is specially designed as Income Tax Software for the Non-Govt Employees for F.Y. 2025-26.

3. How do I decide which tax regime is better for me?
Enter your income and deductions in the software—it will calculate and suggest the better option for you.

5. Is the software updated with Budget 2025 changes?
Absolutely! The latest version incorporates all changes introduced in Budget 2025.

Download the Automatic Income Tax Preparation Software All in One in Excel for the Non-Government Employees for F.Y. 2025-26

It is not about Old Vs New Tax Regime but Saving Vs Spending as per Budget 2025 with Automatic Income Tax Preparation Software All in One in Excel for the Non-Government Employees for F.Y. 2025-26
It is not about Old Vs New Tax Regime but Saving Vs Spending as per Budget 2025 with Automatic Income Tax Preparation Software All in One in Excel for the Non-Government Employees for F.Y. 2025-26
It is not about Old Vs New Tax Regime but Saving Vs Spending as per Budget 2025 with Automatic Income Tax Preparation Software All in One in Excel for the Non-Government Employees for F.Y. 2025-26
form 16 Part B
Form 12 BA

This isn’t your regular Excel file. It’s smart, dynamic, and user-friendly. Features include:

  • Auto calculations your Tax Burden as per Budget 2025(Old & New Regime)
  • Inbuilt Salary Structure as per the all Non-Government Employees' Salary Structure
  • Auto fill Salary sheet
  • Auto Calculate H.R.A. Exemption U/s 10(13a)
  • Auto-fill the Income Tax Form 16 Part A and B
  • Auto-fill the Income Tax Form 16 Part B
  • Auto-fill the Form 12BA
  • Support for both regimes
  • Error-proof formulas

Monday, 16 June 2025

 80D


 Filing your income tax doesn’t have to be a stressful experience. Whether you're a government employee or working in the private sector, staying compliant with the latest tax laws can be time-consuming and confusing. But what if there were a tool that did it all for you?

Think of the Automatic Income Tax Preparation Software in Excel as your digital tax accountant. This all-in-one Excel utility for FY 2025-26 is designed to make income tax calculations, Form 10E, HRA exemptions, and even arrears relief U/s 89(1) simple and automatic. Whether you earn a government or private salary, this tool can take the headache out of tax time.

Table of Contents

Sr#Headings
1What is Income Tax Software in Excel?
2Why You Need This Excel-Based Tax Software?
3Who Can Use This Software?
4Key Features of the All-in-One Excel Utility
5Tax Computed Sheet as per Budget 2025
6Inbuilt Salary Structure for Govt and Non-Govt Employees
7Automatic HRA Exemption U/s 10(13A)
8Auto-Fill Salary Sheet – No More Manual Work!
9Arrears Relief Calculation U/s 89(1) with Form 10E
10Auto-Fill Form 16 (Part A and B)
11User-Friendly Interface: No Expertise Needed
12Time-Saving Benefits for Busy Professionals
13Compliance Made Easy
14How to Download and Use the Software?
15Conclusion and Final Thoughts

1. What is Income Tax Software in Excel?

Income Tax Software in Excel is a smart utility built in Microsoft Excel that helps individuals prepare and compute their income tax return without hassle. It automates various tax calculations, ensuring accuracy and compliance with the latest rules for FY 2025-26.

2. Why You Need This Excel-Based Tax Software?

Why juggle multiple spreadsheets and rules when one Excel file can handle it all? This software simplifies everything—from your salary details to Form 16 generation—saving you hours of work and reducing the chance of error.

3. Who Can Use This Software?

Whether you're a Maharashtra state government employee, a central government worker, or a private-sector employee, this tool has got you covered. Its dual salary structure means it adapts to both Govt and Non-Govt salary formats.

4. Key Features of the All-in-One Excel Utility

Here’s what makes this Excel software a must-have:

  • Automatic Tax Computation as per Budget 2025
  • Built-in salary templates
  • Auto HRA calculation under Section 10(13A)
  • Auto-filling of Form 10E for relief under Section 89(1)
  • Auto generation of Form 16 Part A and B

5. Tax Computed Sheet as per Budget 2025

The software is already updated with all the latest Budget 2025 tax slabs and rules. It allows you to choose between the old regime and new tax regime, and automatically calculates your tax liability accordingly.

6. Inbuilt Salary Structure for Govt and Non-Govt Employees

Tired of inputting your salary data from scratch? This utility has preloaded salary formats—just pick your category (Govt or Non-Govt), enter basic details, and the rest gets auto-filled.

7. Automatic HRA Exemption U/s 10(13A)

Claiming HRA can be confusing, right? The tool auto-calculates your HRA exemption based on your city of residence, rent paid, and salary details, ensuring you're not missing any benefits.

8. Auto-Fill Salary Sheet – No More Manual Work!

Manual data entry can lead to mistakes. This Excel tool automatically fills your salary sheet, breaking down each component like basic pay, allowances, deductions, etc., in a clear format.

9. Arrears Relief Calculation U/s 89(1) with Form 10E

Getting salary arrears? You’ll need to calculate relief under Section 89(1) and submit Form 10E. This software calculates the relief amount and fills Form 10E for you automatically.

10. Auto-Fill Form 16 (Part A and B)

Need to submit Form 16? The tool generates Form 16 Part A and B instantly. This is a lifesaver during filing season when time and accuracy are critical.

11. User-Friendly Interface: No Expertise Needed

You don’t need to be an Excel wizard. The software is designed for anyone with basic Excel knowledge. Clear instructions and dropdown options make navigation a breeze.

12. Time-Saving Benefits for Busy Professionals

This tool is like hiring a virtual assistant. Instead of wasting hours on tax calculations, you can finish everything in under 30 minutes, allowing you to focus on what really matters.

13. Compliance Made Easy

Government forms and sections can be a maze. This software keeps you 100% compliant with Income Tax Act provisions like Section 10(13A), 89(1), 80C, and more.

14. How to Download and Use the Software?

Downloading is simple; click on the download link provided below and open the Excel utility. All instructions are provided on the first sheet—just follow them step-by-step.

15. Conclusion and Final Thoughts

In today's fast-paced world, nobody wants to get stuck in endless paperwork or confusing calculations. The Automatic Income Tax Preparation Software in Excel offers a practical, reliable, and easy solution for salaried individuals—government or private—to stay compliant and save time during the FY 2025-26 tax season. It’s not just software—it’s your tax partner!

Frequently Asked Questions (FAQs)

1. Can this software be used by pensioners or senior citizens?
Yes, as long as their income sources align with the built-in formats. They can also benefit from automatic tax computation.

2. Does the software support both the Old and the New Tax Regimes?
Absolutely! You can choose your preferred regime, and it will compute tax accordingly based on the Budget 2025 updates.

3. How is this different from online tax-filing platforms?
This Excel utility gives you offline access, more control, and doesn’t require internet connectivity to work.

4. Is Form 10E submission mandatory for relief under Section 89(1)?
Yes, and this software auto-fills Form 10E, helping you stay compliant and avoid IT department notices.

Download Automatic Income Tax Preparation Software in Excel All-in-One for Govt and Non-Govt Employees with Form 10E for FY 2025-26

Download Automatic Income Tax Preparation Software in Excel All-in-One for Govt and Non-Govt Employees with Form 10E for FY 2025-26
Download Automatic Income Tax Preparation Software in Excel All-in-One for Govt and Non-Govt Employees with Form 10E for FY 2025-26
Download Automatic Income Tax Preparation Software in Excel All-in-One for Govt and Non-Govt Employees with Form 10E for FY 2025-26
Form 16
Form 10E

Friday, 13 June 2025

 

old and new tax regime

Filing your income tax doesn’t have to be a stressful experience. Whether you're a government employee or working in the private sector, staying compliant with the latest tax laws can be time-consuming and confusing. But what if there were a tool that did it all for you?

Think of the Automatic Income Tax Preparation Software in Excel as your digital tax accountant. This all-in-one Excel utility for FY 2025-26 is designed to make income tax calculations, Form 10E, HRA exemptions, and even arrears relief U/s 89(1) simple and automatic. Whether you earn a government or private salary, this tool can take the headache out of tax time.

Table of Contents

Sr#Headings
1What is Income Tax Software in Excel?
2Why You Need This Excel-Based Tax Software?
3Who Can Use This Software?
4Key Features of the All-in-One Excel Utility
5Tax Computed Sheet as per Budget 2025
6Inbuilt Salary Structure for Govt and Non-Govt Employees
7Automatic HRA Exemption U/s 10(13A)
8Auto-Fill Salary Sheet – No More Manual Work!
9Arrears Relief Calculation U/s 89(1) with Form 10E
10Auto-Fill Form 16 (Part A and B)
11User-Friendly Interface: No Expertise Needed
12Time-Saving Benefits for Busy Professionals
13Compliance Made Easy
14How to Download and Use the Software?
15Conclusion and Final Thoughts

1. What is Income Tax Software in Excel?

Income Tax Software in Excel is a smart utility built in Microsoft Excel that helps individuals prepare and compute their income tax return without hassle. It automates various tax calculations, ensuring accuracy and compliance with the latest rules for FY 2025-26.

2. Why You Need This Excel-Based Tax Software?

Why juggle multiple spreadsheets and rules when one Excel file can handle it all? This software simplifies everything—from your salary details to Form 16 generation—saving you hours of work and reducing the chance of error.

3. Who Can Use This Software?

Whether you're a Maharashtra state government employee, a central government worker, or a private-sector employee, this tool has got you covered. Its dual salary structure means it adapts to both Govt and Non-Govt salary formats.

4. Key Features of the All-in-One Excel Utility

Here’s what makes this Excel software a must-have:

  • Automatic Tax Computation as per Budget 2025
  • Built-in salary templates
  • Auto HRA calculation under Section 10(13A)
  • Auto-filling of Form 10E for relief under Section 89(1)
  • Auto generation of Form 16 Part A and B

5. Tax Computed Sheet as per Budget 2025

The software is already updated with all the latest Budget 2025 tax slabs and rules. It allows you to choose between the old regime and new tax regime, and automatically calculates your tax liability accordingly.

6. Inbuilt Salary Structure for Govt and Non-Govt Employees

Tired of inputting your salary data from scratch? This utility has preloaded salary formats—just pick your category (Govt or Non-Govt), enter basic details, and the rest gets auto-filled.

7. Automatic HRA Exemption U/s 10(13A)

Claiming HRA can be confusing, right? The tool auto-calculates your HRA exemption based on your city of residence, rent paid, and salary details, ensuring you're not missing any benefits.

8. Auto-Fill Salary Sheet – No More Manual Work!

Manual data entry can lead to mistakes. This Excel tool automatically fills your salary sheet, breaking down each component like basic pay, allowances, deductions, etc., in a clear format.

9. Arrears Relief Calculation U/s 89(1) with Form 10E

Getting salary arrears? You’ll need to calculate relief under Section 89(1) and submit Form 10E. This software calculates the relief amount and fills Form 10E for you automatically.

10. Auto-Fill Form 16 (Part A and B)

Need to submit Form 16? The tool generates Form 16 Part A and B instantly. This is a lifesaver during filing season when time and accuracy are critical.

11. User-Friendly Interface: No Expertise Needed

You don’t need to be an Excel wizard. The software is designed for anyone with basic Excel knowledge. Clear instructions and dropdown options make navigation a breeze.

12. Time-Saving Benefits for Busy Professionals

This tool is like hiring a virtual assistant. Instead of wasting hours on tax calculations, you can finish everything in under 30 minutes, allowing you to focus on what really matters.

13. Compliance Made Easy

Government forms and sections can be a maze. This software keeps you 100% compliant with Income Tax Act provisions like Section 10(13A), 89(1), 80C, and more.

14. How to Download and Use the Software?

Downloading is simple; click on the download link provided below and open the Excel utility. All instructions are provided on the first sheet—just follow them step-by-step.

15. Conclusion and Final Thoughts

In today's fast-paced world, nobody wants to get stuck in endless paperwork or confusing calculations. The Automatic Income Tax Preparation Software in Excel offers a practical, reliable, and easy solution for salaried individuals—government or private—to stay compliant and save time during the FY 2025-26 tax season. It’s not just software—it’s your tax partner!

Frequently Asked Questions (FAQs)

1. Can this software be used by pensioners or senior citizens?
Yes, as long as their income sources align with the built-in formats. They can also benefit from automatic tax computation.

2. Does the software support both the Old and the New Tax Regimes?
Absolutely! You can choose your preferred regime, and it will compute tax accordingly based on the Budget 2025 updates.

3. How is this different from online tax-filing platforms?
This Excel utility gives you offline access, more control, and doesn’t require internet connectivity to work.

4. Is Form 10E submission mandatory for relief under Section 89(1)?
Yes, and this software auto-fills Form 10E, helping you stay compliant and avoid IT department notices.

Download Automatic Income Tax Preparation Software in Excel All-in-One for Govt and Non-Govt Employees with Form 10E for FY 2025-26

Download Automatic Income Tax Preparation Software in Excel All-in-One for Govt and Non-Govt Employees with Form 10E for FY 2025-26
Download Automatic Income Tax Preparation Software in Excel All-in-One for Govt and Non-Govt Employees with Form 10E for FY 2025-26
Download Automatic Income Tax Preparation Software in Excel All-in-One for Govt and Non-Govt Employees with Form 10E for FY 2025-26
Form 16
Form 10E

Thursday, 12 June 2025

  form 10E


Have you received a salary hike or arrears for past financial years? Wondering how much extra tax you’ll need to pay? Don’t worry. There’s a smart and simple solution — the Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E in Excel for the Financial Year 2025-26. This tool helps salaried individuals compute their tax relief in minutes.

Tax arrears can feel like unexpected guests — they show up late and bring an extra burden. But with the right calculator, you can stay one step ahead. In this guide, we’ll walk you through everything you need to know about downloading and using this powerful Excel-based calculator.

Table of Contents

Sr#Headings
1What Is Income Tax Arrears Relief U/s 89(1)?
2Why Form 10E Is Mandatory Before Claiming Relief
3Who Needs the Income Tax Arrears Relief Calculator?
4Benefits of Using an Automatic Calculator
5Key Features of the Excel-Based Calculator
6Step-by-Step Guide to Download the Calculator
7How to Fill in the Calculator Properly
8Common Mistakes to Avoid While Using the Calculator
9How to Submit Form 10E Online
10Practical Example for Better Understanding
11Tips for Accurate Data Entry
12When Should You Use Section 89(1) Relief?
13What Happens If You Skip Filing Form 10E?
14Comparing Manual vs Automatic Calculations
15Final Thoughts and User Testimonials

1. What Is Income Tax Arrears Relief U/s 89(1)?

Section 89(1) of the Income Tax Act allows relief if you’ve received any portion of your salary or pension in arrears or advance. It prevents you from paying higher taxes due to income bunching up in one year.

2. Why Form 10E Is Mandatory Before Claiming Relief

Form 10E is a declaration form you must file before claiming tax relief under Section 89(1). Without this form, the income tax department may reject your claim, even if you’re eligible. Think of it as the official permission slip that lets you claim your rightful tax benefit.

3. Who Needs the Income Tax Arrears Relief Calculator?

If you're a government or private employeeretired pensioner, or even a teacher who received delayed increments or payments — this calculator is your best friend. It simplifies your complex arrears data into actionable figures.

4. Benefits of Using an Automatic Calculator

Using the Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E offers several advantages:

  • Saves Time: No manual calculations.
  • Accuracy: Reduces chances of human error.
  • Built-in Logic: Handles multiple years’ data.
  • Free to Use: Most Excel-based tools are available at no cost.

5. Key Features of the Excel-Based Calculator

The calculator is designed with user-friendly fields, drop-down menus, and pre-filled formulas. Here are some features:

  • Compatible with Excel 2007 and above
  • Integrated Form 10E format
  • Handles multiple arrears years
  • Auto-relief computation
  • Printable output

6. Step-by-Step Guide to Download the Calculator

  1. Download from the link below.
  2. Locate the "Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E" for FY 2025-26.
  3. Click on the download link.
  4. Save the Excel file to your computer.

7. How to Fill in the Calculator Properly

Once downloaded:

  • Enter your basic details like name, PAN, and employer info.
  • Input arrears received year-wise.
  • Fill in your previous income details for the respective years.
  • Let the calculator auto-generate the relief figures.

8. Common Mistakes to Avoid While Using the Calculator

Avoid these pitfalls:

  • Skipping Form 10E submission
  • Entering incorrect assessment years
  • Using old or outdated calculator versions
  • Not verifying TDS entries

9. How to Submit Form 10E Online

To submit Form 10E:

  1. Visit the Income Tax e-Filing portal
  2. Log in with your PAN credentials.
  3. Navigate to e-File > Income Tax Forms > File Income Tax Forms
  4. Select Form 10E and fill in the details.
  5. Submit and download the acknowledgement.

10. Practical Example for Better Understanding

Imagine Mr. Sharma received an arrear of ₹1,20,000 in FY 2025-26 for FYs 2022-23 and 2023-24. Without relief, this bumps him into a higher tax bracket. Using the calculator, he splits the arrear and saves nearly ₹8,000 in tax through Section 89(1).

11. Tips for Accurate Data Entry

  • Double-check salary slips and Form 16.
  • Use exact dates and amounts.
  • Match figures with TDS statements.
  • Recalculate before finalising.

12. When Should You Use Section 89(1) Relief?

Whenever you receive:

  • Salary/pension arrears
  • Advance salary
  • Commuted pension
  • Gratuity paid late
    Use Section 89(1) to offset tax unfairness caused by income being bunched together.

13. What Happens If You Skip Filing Form 10E?

You may still file your ITR, but your claim under Section 89(1) will be denied. Even if the tax relief is shown in Form 16, the CPC will ignore it without a filed Form 10E. Don’t miss it!

14. Comparing Manual vs Automatic Calculations

Manual MethodAutomatic Calculator
Time-consumingTime-saving
Risk of errorsAuto-verified formulas
Complex for common usersEasy for all
No print formatPrintable results

15. Final Thoughts and User Testimonials

Hundreds of users have reported significant time savings and peace of mind using the Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E. Don’t let tax stress weigh you down. Let Excel do the heavy lifting.

Conclusion

Tax arrears can create confusion and stress, but you don’t need to navigate them alone. With the Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E, you can simplify your calculations, file accurately, and claim what’s rightfully yours. Be proactive — download the calculator today and experience hassle-free tax filing for the Financial Year 2025-26.

FAQs

1. Can I use this calculator if I work in the private sector?
Yes, both private and government employees can use this calculator to claim tax relief on arrears.

2. Do I need to file Form 10E every year?
Only in the year you are claiming arrears relief. No need to file if there’s no arrears income.

3. Can I edit the calculator formulas?
It’s not recommended unless you’re confident with Excel. The pre-filled formulas are optimised for accuracy.

4. Will the tax department reject my claim if I forget Form 10E?
Yes, skipping Form 10E will result in the denial of your 89(1) tax relief claim, even if it's mentioned in Form 16.

Download Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E in Excel for the F.Y.2025-26

Download Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E in Excel for the F.Y.2025-26
Download Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E in Excel for the F.Y.2025-26

Wednesday, 11 June 2025

  Form 10E


Have you received a salary hike or arrears for past financial years? Wondering how much extra tax you’ll need to pay? Don’t worry. There’s a smart and simple solution — the Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E in Excel for the Financial Year 2025-26. This tool helps salaried individuals compute their tax relief in minutes.

Tax arrears can feel like unexpected guests — they show up late and bring an extra burden. But with the right calculator, you can stay one step ahead. In this guide, we’ll walk you through everything you need to know about downloading and using this powerful Excel-based calculator.

Table of Contents

Sr#Headings
1What Is Income Tax Arrears Relief U/s 89(1)?
2Why Form 10E Is Mandatory Before Claiming Relief
3Who Needs the Income Tax Arrears Relief Calculator?
4Benefits of Using an Automatic Calculator
5Key Features of the Excel-Based Calculator
6Step-by-Step Guide to Download the Calculator
7How to Fill in the Calculator Properly
8Common Mistakes to Avoid While Using the Calculator
9How to Submit Form 10E Online
10Practical Example for Better Understanding
11Tips for Accurate Data Entry
12When Should You Use Section 89(1) Relief?
13What Happens If You Skip Filing Form 10E?
14Comparing Manual vs Automatic Calculations
15Final Thoughts and User Testimonials

1. What Is Income Tax Arrears Relief U/s 89(1)?

Section 89(1) of the Income Tax Act allows relief if you’ve received any portion of your salary or pension in arrears or advance. It prevents you from paying higher taxes due to income bunching up in one year.

2. Why Form 10E Is Mandatory Before Claiming Relief

Form 10E is a declaration form you must file before claiming tax relief under Section 89(1). Without this form, the income tax department may reject your claim, even if you’re eligible. Think of it as the official permission slip that lets you claim your rightful tax benefit.

3. Who Needs the Income Tax Arrears Relief Calculator?

If you're a government or private employeeretired pensioner, or even a teacher who received delayed increments or payments, this calculator is your best friend. It simplifies your complex arrears data into actionable figures.

4. Benefits of Using an Automatic Calculator

Using the Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E offers several advantages:

  • Saves Time: No manual calculations.
  • Accuracy: Reduces chances of human error.
  • Built-in Logic: Handles multiple years’ data.
  • Free to Use: Most Excel-based tools are available at no cost.

5. Key Features of the Excel-Based Calculator

The calculator is designed with user-friendly fields, drop-down menus, and pre-filled formulas. Here are some features:

  • Compatible with Excel 2007 and above
  • Integrated Form 10E format
  • Handles multiple arrears years
  • Auto-relief computation
  • Printable output

6. Step-by-Step Guide to Download the Calculator

  1. Download from the link below.
  2. Locate the "Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E" for FY 2025-26.
  3. Click on the download link.
  4. Save the Excel file to your computer.

7. How to Fill in the Calculator Properly

Once downloaded:

  • Enter your basic details like name, PAN, and employer info.
  • Input arrears received year-wise.
  • Fill in your previous income details for the respective years.
  • Let the calculator auto-generate the relief figures.

8. Common Mistakes to Avoid While Using the Calculator

Avoid these pitfalls:

  • Skipping Form 10E submission
  • Entering incorrect assessment years
  • Using old or outdated calculator versions
  • Not verifying TDS entries

9. How to Submit Form 10E Online

To submit Form 10E:

  1. Visit the Income Tax e-Filing portal
  2. Log in with your PAN credentials.
  3. Navigate to e-File > Income Tax Forms > File Income Tax Forms
  4. Select Form 10E and fill in the details.
  5. Submit and download the acknowledgement.

10. Practical Example for Better Understanding

Imagine Mr. Sharma received an arrear of ₹1,20,000 in FY 2025-26 for FYs 2022-23 and 2023-24. Without relief, this bumps him into a higher tax bracket. Using the calculator, he splits the arrear and saves nearly ₹8,000 in tax through Section 89(1).

11. Tips for Accurate Data Entry

  • Double-check salary slips and Form 16.
  • Use exact dates and amounts.
  • Match figures with TDS statements.
  • Recalculate before finalising.

12. When Should You Use Section 89(1) Relief?

Whenever you receive:

  • Salary/pension arrears
  • Advance salary
  • Commuted pension
  • Gratuity paid late
    Use Section 89(1) to offset tax unfairness caused by income being bunched together.

13. What Happens If You Skip Filing Form 10E?

You may still file your ITR, but your claim under Section 89(1) will be denied. Even if the tax relief is shown in Form 16, the CPC will ignore it without a filed Form 10E. Don’t miss it!

14. Comparing Manual vs Automatic Calculations

Manual MethodAutomatic Calculator
Time-consumingTime-saving
Risk of errorsAuto-verified formulas
Complex for common usersEasy for all
No print formatPrintable results

15. Final Thoughts and User Testimonials

Hundreds of users have reported significant time savings and peace of mind using the Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E. Don’t let tax stress weigh you down. Let Excel do the heavy lifting.

Conclusion

Tax arrears can create confusion and stress, but you don’t need to navigate them alone. With the Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E, you can simplify your calculations, file accurately, and claim what’s rightfully yours. Be proactive — download the calculator today and experience hassle-free tax filing for the Financial Year 2025-26.

FAQs

1. Can I use this calculator if I work in the private sector?
Yes, both private and government employees can use this calculator to claim tax relief on arrears.

2. Do I need to file Form 10E every year?
Only in the year you are claiming arrears relief. No need to file if there’s no arrears income.

3. Can I edit the calculator formulas?
It’s not recommended unless you’re confident with Excel. The pre-filled formulas are optimised for accuracy.

4. Will the tax department reject my claim if I forget Form 10E?
Yes, skipping Form 10E will result in the denial of your 89(1) tax relief claim, even if it's mentioned in Form 16.

Download Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E in Excel for the F.Y.2025-26

Download Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E in Excel for the F.Y.2025-26
Download Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E in Excel for the F.Y.2025-26

Monday, 9 June 2025

  

Budget 2025

Imagine earning up to ₹12 lakh a year and paying zero tax. Sounds like a dream, right? Well, thanks to the Budget 2025, this dream is now a reality under the New Tax Regime! Whether you’re a government employee or work in the private sector, this change can significantly boost your savings.

Even better, calculating your tax is no longer a nightmare. With the Automatic Income Tax Preparation Software All in One in Excel — complete with Form 10E — you can breeze through tax filing without needing a tax expert.

Let’s dive deep into this game-changing update and see how it works for F.Y. 2025-26.

Table of Contents

Sr#Headings
1Overview of the New Tax Regime in Budget 2025
2What Does Nil Tax up to ₹12 Lakh Really Mean?
3Who Benefits from This New Rule?
4Govt vs. Non-Govt Employees: Is There a Difference?
5How to Calculate Tax Relief Under This New Regime
6What is Form 10E and Why It Matters
7Understanding Automatic Income Tax Preparation Software in Excel
8Step-by-Step Guide to Use the Excel Software
9Advantages of the All-in-One Tax Software
10Common Mistakes to Avoid in Tax Filing
11Difference Between Old and New Regimes
12Role of Deductions and Rebates in the New Regime
13Difference Between Old and New Regime
14Who Should Switch to the New Regime?
15Final Thoughts on the Future of Taxation

1. Overview of the New Tax Regime in Budget 2025

The Union Budget 2025 brought in a fresh wave of relief for salaried individuals. Under the New Tax Regime, taxpayers can now enjoy Nil Tax on income up to ₹12 lakh. This shift is designed to simplify taxation and reward the middle class.

2. What Does Nil Tax up to ₹12 Lakh Really Mean?

In simple words, if your total income is ₹12 lakh or less, you don’t need to pay any income tax, provided you choose the New Regime. This includes salaried income, allowances, and even pension in some cases.

3. Who Benefits from This New Rule?

This is a golden opportunity for:

  • Salaried individuals
  • Government employees
  • Private sector workers
  • Retirees with pensions

Basically, if your taxable income falls under ₹12 lakh and you’re not claiming many deductions, this regime is for you.

4. Govt vs. Non-Govt Employees: Is There a Difference?

The new rule applies equally to both government and non-government employees. The only difference lies in salary structure, allowances, and eligibility for certain deductions. But the Nil Tax benefit up to ₹12 lakh is the same for both.

5. How to Calculate Tax Relief Under This New Regime

Let’s say your salary is ₹11.5 lakh. Under the old regime, you might pay some tax even after deductions. But in the new regime, you get slab-wise benefits and rebates that reduce your tax liability to zero. The automatic Excel tool makes this calculation fast and accurate.

6. What is Form 10E and Why It Matters

Form 10E is required when you’re claiming tax relief on arrears under Section 89(1). Without submitting it, your relief claim might get rejected. The Excel software includes this form, saving you from confusion and errors.

7. Understanding Automatic Income Tax Preparation Software in Excel

This user-friendly Excel-based software is a one-stop solution for:

  • Calculating income tax
  • Choosing between old and new regime
  • Auto-filling Form 10E
  • Creating tax-ready reports

No need for complex tools or hiring CAs. It's like having a virtual tax advisor right on your desktop!

8. Step-by-Step Guide to Using the Excel Software

  1. Download the Excel file from the Link Below
  2. Input your income details
  3. Select your employment type
  4. Choose the financial year (2025-26)
  5. Let the software calculate your tax
  6. Generate Form 10E if needed
  7. Print or upload your ITR

Easy, isn’t it?

9. Advantages of the All-in-One Tax Software

  • No manual calculations
  • Supports both tax regimes
  • Includes Form 10E
  • Saves time
  • Ideal for self-filing taxpayers

This Excel tool is like having a pocket-sized accountant.

10. Common Mistakes to Avoid in Tax Filing

  • Not choosing the correct regime
  • Forgetting to submit Form 10E
  • Entering incorrect income details
  • Skipping TDS entries

Avoiding these can ensure a smooth and error-free return filing experience.

11. Tips to Maximise Your Tax Savings

Even in the new regime, follow these tips:

  • Choose regime carefully
  • Track income from all sources
  • Use software to verify tax calculations
  • Submit Form 10E if you have arrears

Knowledge is power, and it can save you money.

12. Role of Deductions and Rebates in the New Regime

Unlike the old regime, the new regime limits deductions. But you still get a few key rebates like:

  • Standard Deduction
  • Section 87A rebate
  • Reduced slab rates

These combine to help you reach nil tax at ₹12 lakh income.

13. Difference Between Old and New Regime

FeatureOld RegimeNew Regime
DeductionsAllowedMostly removed
Slab RatesHigherLower
ComplexityHighSimple
Form 10EApplicable in bothApplicable if arrears exist

The new regime is designed for simplicity and savings.

14. Who Should Switch to the New Regime?

If you:

  • Don’t have many deductions
  • Want less paperwork
  • Earn less than ₹12 lakh
  • Prefer a zero-tax outcome

Then the New Tax Regime with Automatic Software is your best bet.

15. Final Thoughts on the Future of Taxation

India is heading toward a simplified tax system. The Budget 2025 update is a bold step toward digital tax filing, transparency, and middle-class empowerment. Tools like Automatic Income Tax Preparation Software All in One in Excel with Form 10E make this journey smoother and smarter.

Conclusion

With the New Regime offering Nil Tax up to ₹12 lakh and the Excel-based software simplifying the process, income tax filing no longer needs to be stressful. Whether you're in government or private service, now you can file taxes with confidence and save more, all from the comfort of your home.

FAQs

1. Is the Nil Tax benefit applicable to all types of employees?
Yes, both government and private employees can benefit under the New Regime if their income is within the ₹12 lakh threshold.

2. Can I still claim deductions under the New Tax Regime?
Most deductions are not available in the new regime, but certain rebates like the standard deduction and 87A still apply.

3. Do I have to submit Form 10E if I’m using the Excel software?
Yes, if you're claiming relief under Section 89(1) for arrears, Form 10E is mandatory, and the Excel tool makes it easy.

4. Is the Automatic Income Tax Software free?
Some versions may be free or low-cost. It depends on the provider. Always use a trusted source.

5. Can I switch back to the Old Regime next year?
Yes, salaried individuals can switch regimes every financial year, giving them flexibility.

Automatic Income Tax Preparation Software All in One with Form 10E in Excel for the Govt and Non-Govt Employees for F.Y. 2025-26

Nil Tax up to Rs. 12 Lakh in New Regime as per Budget 2025 with Automatic Income Tax Preparation Software All in One with Form 10E in Excel for the Govt and Non-Govt Employees for F.Y. 2025-26
Nil Tax up to Rs. 12 Lakh in New Regime as per Budget 2025 with Automatic Income Tax Preparation Software All in One with Form 10E in Excel for the Govt and Non-Govt Employees for F.Y. 2025-26
Nil Tax up to Rs. 12 Lakh in New Regime as per Budget 2025 with Automatic Income Tax Preparation Software All in One with Form 10E in Excel for the Govt and Non-Govt Employees for F.Y. 2025-26
Form 10E

Features of this Excel Utility:

  1. Automatic Calculation of your Tax Burden as per Budget 2025
  2. Built a Salary Structure for both Govt and Non-Govt Employees
  3. Automatic Salary Sheet
  4. Auto calculate your Arrears Relief Calculation U/s 89(1) with Form 10E from the F.Y.2000-01 to F.Y.2025-26
  5. Auto calculate your House Rent Exemption U/s 10(13A)
  6. Automatically create the Form 16 Part A and B
  7. Automatically create the Form 16 Part B

Thursday, 5 June 2025

 

 

Old and New Tax Regime

Introduction

The Union Budget 2025 brought clarity for many taxpayers, especially Non-Government employees who often face confusion while filing taxes. While the new tax regime offers lower tax slabs, the old tax regime remains a favourite for those who want to maximise deductions. Why? Because it rewards your financial planning efforts. Pair this with an Automatic Income Tax Preparation Excel-Based Software All-in-One, and you’ve got a winning combination. Let’s uncover the real benefits of the old tax regime as per Budget 2025 in a way that’s simple, clear, and helpful.

Table of Contents

Sr#Headings
1Understanding the Old Tax Regime
2Why Choose the Old Tax Regime in 2025?
3Tax Slabs Under the Old Regime for F.Y.2025-26
4Key Deductions Available in the Old Tax Regime
5Tax Slabs Under the Old Regime for F.Y. 2025- 26
6Real-Life Example of Tax Calculation Under the Old Regime
7Features of All-in-One Excel Tax Software
8Step-by-Step Guide to Using the Excel-Based Software
9Common Mistakes to Avoid When Filing with the Old Tax Regime
10How the Old Tax Regime Benefits Non-Government Employees
11Comparison: Old vs New Tax Regime for FY 2025-26
12Government Announcements in Budget 2025 That Support the Old Regime
13Who Should Choose the Old Tax Regime?
14Automatic Income Tax Preparation Excel-Based Software – What is it?
15Final Thoughts – Making a Smart Tax Choice

1. Understanding the Old Tax Regime

The Old Tax Regime allows taxpayers to claim various deductions and exemptions under sections like 80C, 80D, HRA, LTA, and more. It's ideal for individuals who have investments, loans, or medical expenses to claim.

2. Why Choose the Old Tax Regime in 2025?

If you’re someone who’s financially disciplined—investing in PF, life insurance, ELSS, or paying off a home loan—the old regime is your best friend. It appreciates your efforts with generous deductions.

3. Tax Slabs Under the Old Regime for F.Y. 2025- 26

Here are the likely tax slabs for the financial year:

  • Up to ₹2.5 lakh – No tax
  • ₹2.5 lakh to ₹5 lakh – 5%
  • ₹5 lakh to ₹10 lakh – 20%
  • Above ₹10 lakh – 30%

Don’t forget, you can reduce taxable income using exemptions.

4. Key Deductions Available in the Old Tax Regime

  • Section 80C – Up to ₹1.5 lakh (PPF, LIC, ELSS, etc.)
  • Section 80D – Health insurance premium
  • Section 24(b) – Interest on home loan
  • HRA & LTA – For salaried employees
  • Standard Deduction – ₹50,000

These deductions can significantly reduce your taxable income.

5. How the Old Tax Regime Benefits Non-Government Employees

Non-Govt employees often get allowances like HRA and transport allowances. These are fully claimable under the old regime, making it especially beneficial for salaried individuals in private jobs.

6. Automatic Income Tax Preparation Excel-Based Software – What is it?

Think of this Excel tool as your personal tax assistant. It calculates your tax liability automatically, includes deductions, and prepares Form 16, if needed. You just input the data—it does the math!

7. Features of All-in-One Excel Tax Software

  • Auto tax computation
  • Integrated Form 10E
  • Deduction calculators (80C, 80D, etc.)
  • User-friendly interface
  • Form 16 generation

It’s like using a calculator that understands tax rules—smart, fast, and accurate.

8. Step-by-Step Guide to Using the Excel-Based Software

  1. Download the tool from the link below
  2. Enter your personal details
  3. Fill in income and deduction sections
  4. Verify the auto-calculated tax

No complex formulas—just click and go!

9. Real-Life Example of Tax Calculation Under Old Regime

Let’s say your annual income is ₹8,00,000. You invest ₹1.5 lakh under 80C, pay ₹25,000 health insurance under 80D, and claim ₹50,000 as standard deduction. Your taxable income drops to ₹5,75,000—drastically lowering your tax payable.

10. Common Mistakes to Avoid When Filing with the Old Tax Regime

  • Not submitting proof of deductions
  • Forgetting to fill in Form 10E for arrears
  • Overlooking HRA exemption
  • Skipping standard deduction

Even one mistake can mean paying extra tax!

11. Comparison: Old vs New Tax Regime for FY 2025-26

AspectOld RegimeNew Regime
DeductionsAvailableNot allowed
SimplicityModerateHigh
Best forThose with investmentsThose without deductions

It’s not one-size-fits-all. You must do the math before choosing.

12. Tips to Maximise Benefits Under the Old Tax Regime

  • Invest wisely in 80C options
  • Get health insurance
  • Use home loan benefits
  • Claim HRA with rent receipts

These tips ensure you squeeze every rupee of benefit.

13. Who Should Choose the Old Tax Regime?

  • Salaried individuals with deductions
  • People with housing loans
  • Policyholders with insurance plans
  • Taxpayers investing in ELSS/PPF/NSC

Basically, if you plan your finances well, the old regime rewards you.

14. Government Announcements in Budget 2025 That Support Old Regime

Though the new regime is promoted, Budget 2025 retained old regime benefits and clarified that exemptions would continue. It’s a silent nod to the planning-minded taxpayers.

15. Final Thoughts – Making a Smart Tax Choice

The old tax regime is like a well-worn path—familiar, dependable, and full of rewards for smart financial choices. Combine it with an Automatic Excel-based software, and your tax season becomes stress-free. Choosing between regimes isn’t just about saving now, it’s about understanding your financial journey.

FAQs

1. What is the major benefit of the old tax regime?
It allows multiple deductions and exemptions that reduce your taxable income and overall tax.

2. Can I switch between old and new tax regimes every year?
Yes, salaried individuals can choose either regime each year when filing ITR.

3. Is Excel-based tax software safe to use?
Yes, if downloaded from a trusted source, it’s safe and efficient for individual use.

4. Who benefits most from the old regime in F.Y. 2025-26?
Non-Govt employees with eligible deductions and exemptions benefit significantly.

Download the Automatic Income Tax Preparation Excel-Based Software All-in-One for Non-Government Employees for the F.Y. 2025- 26

Benefits of Old Tax Regime as per Budget 2025 with Automatic Income Tax Preparation Excel Based Software All in One for the Non-Govt Employees for the F.Y.2025-26
Benefits of Old Tax Regime as per Budget 2025 with Automatic Income Tax Preparation Excel Based Software All in One for the Non-Govt Employees for the F.Y.2025-26
Benefits of Old Tax Regime as per Budget 2025 with Automatic Income Tax Preparation Excel Based Software All in One for the Non-Govt Employees for the F.Y.2025-26
Form 12 BA