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Wednesday, 4 February 2026

 


Preparing salary-related tax documents often feels confusing. However, Automatic Salary Form 16 Preparation in Excel FY 2025-26 changes everything. Instead of struggling with manual entries, you can now rely on smart Excel-based automation. As a result, accuracy improves, stress reduces, and time is saved. Moreover, this method suits both beginners and experienced users. So, why complicate tax work when Excel can do the heavy lifting for you?

Think of Automatic Form 16 in Excel like a smart assistant. Just as a calculator simplifies math, this tool simplifies tax compliance. Therefore, let us explore how it works and why it matters.

Table of Contents

Sr#Headings
1What Is Form 16 and why does it matter?
2Understanding Automatic Form 16 in Excel
3Why Manual Form 16 Preparation Fails
4Key Features of Automatic Form 16 in Excel
5Salary Structure Setup in Excel
6Automatic Tax Calculation Process
7Handling Deductions and Exemptions
8Integration of Form 16 Part A & Part B
9Error Reduction and Accuracy Benefits
10Time-Saving Advantages for Employers
11Benefits for Employees
12Compliance with FY 2025-26 Rules
13Customisation and Flexibility
14Data Security and Confidentiality
15Who Should Use Automatic Form 16 in Excel

1. What Is Form 16 and Why Does It Matter

Form 16 proves your salary income and shows the tax your employer deducts at source. Therefore, it plays a vital role during income tax filing. Moreover, it helps you verify salary details easily. Additionally, banks, lenders, and financial institutions frequently demand it for loans and verifications. Hence, as a result, for this reason, accurate Form 16 preparation matters for every salaried individual. In short, overall, clearly, Form 16 builds financial credibility and tax compliance.

2. However, Understanding Automatic Form 16 in Excel

Automatic Form 16 in Excel uses smart formulas and connected worksheets. Once you enter salary details, the sheet calculates tax instantly. Consequently, it removes manual effort. Moreover, simultaneously, in addition, it generates Form 16 without repetitive work. Thus, as a result, Excel transforms into a reliable tax companion. Ultimately, over time, users gain speed, accuracy, and confidence.

3. Above all, Why Manual Form 16 Preparation Fails

Manual Form 16 preparation creates multiple problems. For example, one incorrect entry changes tax liability completely. Furthermore, at the same time, repeated calculations consume valuable time. Meanwhile, errors increase stress and confusion. Therefore, because of this, automation removes these risks. As a result, organisations maintain consistency, accuracy, and efficiency.

4. In addition, the Key Features of Automatic Form 16 in Excel

Automatic Form 16 in Excel delivers several powerful features. First, it performs auto-calculations. Second, it follows a structured format. Third, it applies built-in validations. Additionally, not only that, it supports multiple employees at once. As a result, organisations manage bulk data easily. Most importantly, above all, it significantly reduces human intervention.

5. Salary Structure Setup in Excel

First, you enter salary components such as basic pay, HRA, and allowances. Then, Excel links each component automatically. Next, consequently, any change updates all connected sheets. Thus, as a result, salary structuring becomes smooth. Meanwhile, similarly, payroll management becomes faster and more reliable.

6. After that, the Automatic Tax Calculation Process

Once you enter salary data, Excel starts tax calculation immediately. Moreover, simultaneously, it applies income tax slabs automatically. Therefore, users stop calculating manually. As a result, eventually, confidence increases. In turn, tax preparation feels simpler and more transparent.

7. Handling Deductions and Exemptions

Excel integrates deductions under sections like 80C and 80D seamlessly. Likewise, it calculates exemptions such as HRA automatically. Hence, because of this, compliance improves. At the same time, meanwhile, effort decreases. Ultimately, users achieve accurate tax benefits without confusion.

8. Integration of Form 16 Part A & Part B

Excel automation combines Form 16 Part A and Part B logically. Therefore, as a result, the final document remains complete. Additionally, furthermore, formatting matches official standards. Consequently, overall, users generate a compliant Form 16 without manual adjustments.

9. Error Reduction and Accuracy Benefits

Automation actively reduces calculation errors. Furthermore, in addition, built-in checks identify inconsistencies instantly. Consequently, accuracy improves significantly. In contrast, manual systems lack such safeguards. Thus, finally, Excel automation delivers reliable, error-free Form 16 preparation.

Download Automatic Salary Form 16 Preparation Software in Excel FY 2025-26[This can prepare at a time 50 Employees Form 16 Part A&B]

Automatic Salary Form 16 Preparation in Excel FY 2025-26 Automatic Salary Form 16 Preparation in Excel FY 2025-26

[caption id="attachment_7197" align="aligncenter" width="928"]Form 16 Download Automatic Form 16 Part A and B in Excel for Salaried Employees for FY 2025-26 & AY 2026-27[/caption]

 

Introduction

Filing income tax often feels like solving a puzzle without the picture on the box. However, things change completely when you use Income Tax Preparation Software in Excel. Instead of confusion, you gain clarity. Instead of stress, you feel control. In fact, for FY 2025-26, a simple automatic income tax software in Excel works like a friendly guide, leading you step by step. Moreover, it suits the general public perfectly because it uses a tool almost everyone already knows—Excel. So, why make tax filing harder than it needs to be?

Table of Contents

Sr#Headings
1What Is Income Tax Preparation Software in Excel
2Why Excel-Based Tax Software Is Popular
3How Automatic Calculations Save Time
4User-Friendly Design for the General Public
5Accuracy and Error Reduction
6Tax Slab Updates for FY 2025-26
7Built-in Deductions and Exemptions
8Old Regime vs New Regime Comparison
9Auto-Generated Tax Summary
10Printable Reports and Records
11Data Security and Offline Access
12Ideal for Salaried Individuals
13Benefits for Beginners
14Cost-Effective and Reusable Tool
15Why This Software Feels Like a Calculator on Steroids

1. What Is Income Tax Preparation Software in Excel

Income Tax Preparation Software in Excel is a smart spreadsheet that calculates your tax automatically. Basically, you enter salary details, deductions, and basic information. Then, instantly, the software does the math. As a result, you see your tax liability without manual calculations. Moreover, it removes guesswork and builds confidence.

2. Why Excel-Based Tax Software Is Popular

Excel already feels familiar. Therefore, people trust it. Additionally, Excel-based software works offline. Consequently, you don’t depend on internet speed or portals. Furthermore, updates feel simple. In short, Excel combines comfort with power.

3. How Automatic Calculations Save Time

Manual calculations take hours. However, automatic formulas work in seconds. Once you enter numbers, results appear immediately. As a result, you save time. Moreover, if income changes, recalculation happens instantly. Therefore, planning becomes easy and fast.

4. User-Friendly Design for the General Public

This software avoids complex terms. Instead, it uses simple labels like “Basic Salary” or “HRA.” So, even beginners feel confident. Additionally, guided cells reduce mistakes. Hence, anyone can use it without expert help.

5. Accuracy and Error Reduction

Humans make mistakes. Computers don’t—at least not with formulas. Therefore, Income Tax Preparation Software in Excel minimises errors. Moreover, built-in checks highlight missing entries. Consequently, accuracy improves significantly.

6. Tax Slab Updates for FY 2025-26

Tax slabs change frequently. However, updated Excel software reflects FY 2025-26 slabs automatically. As a result, calculations remain correct. Additionally, you avoid outdated rates. Hence, compliance becomes stress-free.

7. Built-in Deductions and Exemptions

Deductions like 80C, 80D, and standard deduction are pre-loaded. Therefore, you don’t forget the benefits. Moreover, the software applies limits automatically. As a result, you claim the right amount every time.

8. Old Regime vs New Regime Comparison

Choosing between regimes feels confusing. However, Excel software compares both instantly. Consequently, you see which option saves more tax. Furthermore, this comparison empowers better decisions.

9. Auto-Generated Tax Summary

Once data entry ends, the software creates a clean summary. Therefore, you understand income, deductions, and tax clearly. Additionally, summaries help during filing. Hence, transparency increases.

10. Printable Reports and Records

Tax records matter later. Thankfully, Excel allows easy printing. Moreover, you can save files year after year. As a result, long-term tracking becomes simple.

11. Data Security and Offline Access

Online tools store data elsewhere. However, Excel keeps data on your device. Therefore, privacy stays in your hands. Additionally, offline access ensures uninterrupted work.

12. Ideal for Salaried Individuals

Salaried people need simple solutions. Therefore, this software fits perfectly. It handles the salary structure smoothly. Moreover, Form-based calculations feel easier.

13. Benefits for Beginners

Beginners fear tax rules. However, guided Excel sheets act like training wheels. Consequently, learning happens naturally. Over time, confidence grows.

14. Cost-Effective and Reusable Tool

Unlike subscriptions, Excel software often costs nothing or very little. Moreover, you reuse it every year. Therefore, it saves money in the long run.

15. Why This Software Feels Like a Calculator on Steroids

Think of it as a calculator that understands tax laws. It doesn’t just add numbers—it thinks logically. As a result, tax filing feels almost effortless.

Conclusion

In conclusion, Income Tax Preparation Software in Excel for FY 2025-26 turns a complex task into a simple routine. It saves time, reduces errors, and builds confidence. Moreover, it feels familiar, reliable, and powerful. If tax filing is a journey, this Excel software is your well-marked road map.

Frequently Asked Questions (FAQs)

  1. Is Income Tax Preparation Software in Excel suitable for beginners?
    Yes, because it uses simple language and guided fields, beginners can use it easily.
  2. Does this software support FY 2025-26 tax slabs?
    Yes, updated versions include tax slabs applicable for FY 2025-26.
  3. Can I compare old and new tax regimes using Excel software?
    Absolutely, the software compares both regimes automatically.
  4. Is my data safe in Excel-based tax software?
    Yes, since data stays offline, security remains under your control.
  5. Do I need internet access to use Income Tax Preparation Software in Excel?
    No, you can work completely offline once the file is available.

Download Automatic Income Tax Preparation Software All-in-One in Excel (FY 2025–26) for Government and Non-Government Employees

[caption id="attachment_7255" align="aligncenter" width="1351"]Simple Automatic Income Tax Software in Excel for FY 2025-26 Salary Structure[/caption]

Simple Automatic Income Tax Software in Excel for FY 2025-26 Simple Automatic Income Tax Software in Excel for FY 2025-26

[caption id="attachment_7197" align="aligncenter" width="928"]Form 16 Download Automatic Form 16 Part A and B in Excel for Salaried Employees for FY 2025-26 & AY 2026-27[/caption]

Form 10E

Key Features of the Excel-Based Tax Preparation Utility

  1. Dual Regime Selection
    First, the software allows you to select either the Old Tax Regime or the New Tax Regime under Section 115BAC. Next, it automatically compares both options. As a result, you can quickly identify the tax regime that offers the maximum savings.
  2. Customised Salary Structure
    Moreover, the tool intelligently adapts to your salary structure, whether you work in a Government or Non-Government organisation. Consequently, it minimises manual data entry. Therefore, you save time while improving accuracy.
  3. Automatic Arrears Relief Calculator (Section 89(1) with Form 10E)
    Additionally, the software calculates arrears relief accurately for financial years from 2000–01 to 2025–26. At the same time, it generates Form 10E instantly. Hence, you can claim arrears relief without calculation errors.
  4. Updated and Revised Form 16 Generation
    Further, the utility automatically prepares Revised Form 16, including Part A & Part B, for FY 2025–26. Likewise, it aligns every detail with the latest income tax rules. Thus, your Form 16 stays fully compliant.
  5. Simplified and Error-Free Compliance
    Finally, advanced built-in formulas ensure fast and accurate tax computation. In addition, the software removes the need for manual calculations. As a result, you can file your return confidently with improved speed and precision.
  6. Smart Deduction and Exemption Management
    Moreover, the software automatically applies eligible deductions under sections such as 80C, 80D, and the standard deduction. Consequently, you never miss valid tax benefits. In fact, this feature helps reduce your taxable income efficiently.
  7. Real-Time Tax Calculation Updates
    Whenever you modify salary details or deductions, the tax figures update instantly. Therefore, you can clearly see how each change impacts your final tax liability. As a result, tax planning becomes proactive rather than reactive.
  8. Built-In Error Checks and Validations
    Importantly, the Excel utility highlights incomplete or incorrect entries. Thus, it prevents common filing mistakes before they occur. Additionally, this validation feature enhances confidence during final submission.
  9. Easy-to-Understand Tax Summary Dashboard
    Furthermore, the software presents a clear tax summary that displays income, deductions, tax payable, and refunds in one place. Hence, even non-technical users can understand their tax position at a glance.
  10. Fully Offline and Secure Usage
    Unlike online portals, this Excel-based solution works completely offline. Therefore, your personal and financial data stays on your own system. At the same time, you avoid dependency on internet connectivity.
  11. Reusable for Future Financial Years
    Once downloaded, you can reuse the software with minor updates. Consequently, it becomes a long-term solution rather than a one-time tool. Over time, this reusability saves both money and effort.
  12. Ideal for Self-Filing and Professional Assistance
    Whether you file returns yourself or consult a tax professional, this tool supports both approaches. Accordingly, it simplifies collaboration and reduces back-and-forth corrections.

 

Have you ever felt confused while claiming tax relief on salary arrears or pension arrears? If yes, you are not alone. Every year, thousands of salaried taxpayers struggle with Form 10E. However, things become much easier when you use the Automatic Income Tax Form 10E in Excel. Instead of manual calculations, you simply enter figures and let Excel do the hard work. Think of it like using Google Maps instead of asking for directions repeatedly—it saves time, avoids errors, and keeps you calm. Therefore, this article explains everything you need to know, step by step, in simple language.

Table of Contents

Sr#Headings
1What is Income Tax Form 10E?
2Why Form 10E is Mandatory
3Understanding Section 89(1)
4What is the Automatic Income Tax Form 10E in Excel?
5Key Features of the Excel Utility
6Financial Years Covered (FY 2000–01 to FY 2025–26)
7Benefits of Using Excel Format
8Who Should Use Form 10E?
9Step-by-Step Guide to Fill Form 10E in Excel
10Common Mistakes to Avoid
11How Excel Automation Reduces Errors
12Compatibility with Income Tax Portal
13How to Download Automatic Income Tax Form 10E in Excel
14Practical Example for Better Understanding
15Final Tips Before Submission

1. What is Income Tax Form 10E?

Accordingly, Income Tax Form 10E is a declaration form used to claim tax relief under Section 89(1). above all, In simple terms, it helps you reduce the extra tax burden when you receive salary arrears, advance salary, or family pension arrears. Moreover, without this form, the Income Tax Department may reject your relief claim. Hence, filing it correctly is extremely important.

2. After all, why is Form 10E mandatory

First of all, the Income Tax Department requires Form 10E before allowing relief under Section 89(1). Otherwise, even if your calculation is correct, your claim may fail. Therefore, submitting Form 10E is not optional—it is compulsory. Additionally, it ensures transparency and proper tax compliance.

3. Therefore, Understanding Section 89(1)

Section 89(1) provides relief when income is received in arrears or advance. Because such income increases tax suddenly, this section spreads the tax burden across earlier years. As a result, you pay a fair amount of tax instead of a heavy lump sum. Consequently, Form 10E becomes the bridge between relief and compliance.

4.  However, What is the Automatic Income Tax Form 10E in Excel?

Automatic Income Tax Form 10E in Excel is a smart, pre-designed spreadsheet. It automatically calculates relief once you enter the required figures. Instead of manual calculations, formulas work silently in the background. Thus, Excel acts like a calculator with a brain—fast, accurate, and reliable.

5. Key Features of the Excel Utility

Key highlights include:

  • Auto-calculation of relief
  • Separate sheets for different financial years
  • Built-in formulas to avoid mistakes
  • User-friendly layout
  • Printable format

Because of these features, even a non-technical person can use it confidently.

6. Financial Years Covered (FY 2000–01 to FY 2025–26)

One major advantage is its wide coverage. This Excel utility supports FY 2000–01 to FY 2025–26. Therefore, whether your arrears relate to old or recent years, you can calculate relief accurately. Moreover, this long-range coverage makes it future-ready.

7. Above all, the Benefits of Using Excel Format

Using Excel offers several benefits. Firstly, it saves time. Secondly, it minimises calculation errors. Thirdly, it provides clarity. Furthermore, you can store, edit, and reuse the file anytime. Hence, Excel becomes a dependable long-term solution.

8. Who Should Use Form 10E?

You should use Form 10E if you:

  • Received salary arrears
  • Got an advance salary
  • Received family pension arrears
  • Changed pay scale due to Pay Commission revision

In short, if income relates to previous years, Form 10E is essential.

9. Step-by-Step Guide to Fill Form 10E in Excel

Follow these simple steps:

  1. Download the Excel file
  2. Enter personal details
  3. Select relevant financial years
  4. Input the arrears amount year-wise
  5. Let Excel calculate relief automatically

Finally, verify the figures carefully before submission.

10. Common Mistakes to Avoid

Many taxpayers make avoidable errors. For instance, they enter incorrect year-wise income or skip Form 10E filing. Additionally, some mismatch Excel data with the Income Tax Return. Therefore, double-check everything to stay safe.

11. How Excel Automation Reduces Errors

Automation eliminates human mistakes. Since formulas calculate tax differences instantly, chances of error drop sharply. As a result, Excel ensures accuracy, consistency, and confidence.

12. Compatibility with Income Tax Portal

The Excel calculations align with the Income Tax Portal’s requirements. Thus, figures generated from the Automatic Income Tax Form 10E in Excel match online submissions smoothly. Consequently, filing becomes hassle-free.

13. How to Download Automatic Income Tax Form 10E in Excel

You can download the Excel utility from trusted tax websites or professional blogs. Always ensure the file supports the latest financial year. After downloading, enable editing and start entering data.

14. Practical Example for Better Understanding

Imagine receiving ₹1,20,000 arrears for the last three years. Without relief, tax shoots up. However, Excel distributes income year-wise and recalculates tax. As a result, you pay less tax overall. Just like spreading weight evenly in a bag makes it easier to carry.

15. Final Tips Before Submission

Before submitting Form 10E:

  • Recheck all figures
  • Match data with Form 16
  • Save a backup copy
  • Submit Form 10E before filing ITR

These steps ensure smooth processing.

In Conclusion

In conclusion, the Automatic Income Tax Form 10E in Excel is a powerful yet simple tool for salaried taxpayers. It saves time, reduces stress, and ensures accuracy. Instead of manual confusion, Excel offers clarity and confidence. Therefore, if you want a smooth tax filing experience, this Excel utility is your best companion.

In addition, Frequently Asked Questions (FAQs)

  1. Is Form 10E mandatory for claiming relief under Section 89(1)?
    Yes, Form 10E is compulsory before claiming tax relief under Section 89(1).
  2. Can I use the Automatic Income Tax Form 10E in Excel for old financial years?
    Yes, the Excel utility covers FY 2000–01 to FY 2025–26.
  3. Is Excel-based Form 10E accepted by the Income Tax Department?
    Yes, as long as figures match the online Form 10E submission.
  4. Who benefits most from using the Automatic Income Tax Form 10E in Excel?
    Salaried employees receiving arrears or advance salary benefit the most.
  5. Does Excel automatically calculate tax relief under Section 89(1)?
    Yes, built-in formulas calculate relief automatically once data is entered.

Download Automatic Income Tax Form 10E (FY 2000–01 to FY 2025–26) in Excel

Download Automatic Income Tax Form 10E (FY 2000–01 to FY 2025–26) in Excel

Download Automatic Income Tax Form 10E (FY 2000–01 to FY 2025–26) in Excel Form 10E

Feature of this Excel Utility:-

First of all, when you download the Automatic Income Tax Form 10E (FY 2000–01 to FY 2025–26) in Excel, you instantly simplify complex tax calculations. Moreover, the Excel file automatically computes relief under Section 89(1) as soon as you enter year-wise arrear details.

Additionally, it removes the need for manual formulas, thereby reducing calculation errors. Furthermore, the tool clearly separates data for different financial years, so confusion never arises.

As a result, users understand their tax relief more easily. Consequently, filing Form 10E becomes faster and stress-free. Meanwhile, built-in checks help maintain accuracy throughout the process.

In addition, the user-friendly layout ensures smooth navigation even for beginners. Ultimately, this automated Excel utility saves time, improves accuracy, and ensures compliance with income tax rules.

Thursday, 30 October 2025

 

Deduction 80C

Introduction

When it comes to saving taxes, every salaried employee—whether from the government or private sector—wants to make the most of available deductions. One such beneficial provision under the Income Tax Act is Section 80CCD(1B). If you’ve ever wondered how to save extra tax beyond the basic limits of Section 80C, then this section is your golden key.

Imagine having a tool that not only helps you understand these deductions but also prepares your taxes automatically. That’s exactly what the Automatic Income Tax Preparation Software/Calculator All in One in Excel for F.Y. 2025-26 does—it simplifies tax planning for both government and non-government employees.

Before we dive deeper, let’s explore this topic step by step.

Table of Contents

Sr#Headings
1Understanding Section 80CCD(1B)
2Importance of Section 80CCD(1B) in Tax Planning
3Eligibility Criteria under Section 80CCD(1B)
4Maximum Deduction Limit under Section 80CCD(1B)
5Difference between Section 80CCD(1) and 80CCD(1B)
6NPS – The Backbone of Section 80CCD(1B)
7Benefits of Investing in NPS for Salaried Employees
8How to Claim Deduction under Section 80CCD(1B)
9Step-by-Step Example of Tax Savings
10Introduction to Automatic Income Tax Preparation Software
11Features of the All-in-One Excel-Based Calculator
12How to Use the Excel-Based Calculator
13Benefits for Government Employees
14Benefits for Non-Government Employees
15Final Thoughts and Conclusion

1. Understanding Section 80CCD(1B)

Section 80CCD(1B) was introduced by the Government of India to promote investment in the National Pension System (NPS). It provides an additional deduction of ₹50,000 over and above the ₹1.5 lakh limit under Section 80C.

In simple words, this section encourages taxpayers to build a retirement corpus while reducing their tax burden. The best part? Both government and non-government employees can claim this benefit.

2. Importance of Section 80CCD(1B) in Tax Planning

When we talk about tax planning, many people stop at Section 80C. However, Section 80CCD(1B) goes a step further. By investing in NPS under this section, you can not only save more taxes but also secure your future financially.

Think of it like adding an extra layer of protection to your tax-saving armour—every bit helps, especially in the long run.

3. Eligibility Criteria under Section 80CCD(1B)

To claim benefits under Section 80CCD(1B):

  • You must be an individual taxpayer (resident or non-resident).
  • You must have contributed to the National Pension System (NPS).
  • The contribution should be made from your own income.

This section is not available to Hindu Undivided Families (HUFs), ensuring that the benefit remains personal to the investor.

4. Maximum Deduction Limit under Section 80CCD(1B)

The maximum deduction available under this section is ₹50,000. This is over and above the ₹1.5 lakh limit of Section 80C.

So, if you fully utilise both, your total tax deduction can reach ₹2,00,000. Isn’t that a smart move for a taxpayer?

5. Difference between Section 80CCD(1) and 80CCD(1B)

ParticularsSection 80CCD(1)Section 80CCD(1B)
ApplicabilityEmployees and self-employedIndividuals contributing to NPS
Deduction LimitUp to ₹1.5 lakhAdditional ₹50,000
Included under Section 80CYesNo, separate benefit
ObjectivePromote retirement savingsEncourage extra investment in NPS

This clear distinction makes 80CCD(1B) a bonus opportunity for extra savings.

6. NPS – The Backbone of Section 80CCD(1B)

The National Pension System (NPS) is a government-backed retirement savings scheme. It allows individuals to invest regularly in a mix of equity, corporate bonds, and government securities.

Under Section 80CCD(1B), any voluntary contribution to NPS qualifies for the additional ₹50,000 deduction.

You can think of NPS as a long-term bridge to your retirement goals—strong, steady, and reliable.

7. Benefits of Investing in NPS for Salaried Employees

There are several advantages to investing in NPS:

  • Tax Efficiency: Additional ₹50,000 deduction under 80CCD(1B).
  • Flexible Contributions: You can invest any amount anytime.
  • Market-Linked Growth: Earn better returns over time.
  • Retirement Security: Build a pension corpus for post-retirement life.

With these benefits, NPS becomes a must-have investment option for every salary earner.

8. How to Claim Deduction under Section 80CCD(1B)

Claiming this deduction is simple:

  1. Open an NPS Account (Tier I).
  2. Contribute to your account using net banking, UPI, or offline mode.
  3. Collect the contribution receipt from your NPS portal.
  4. Declare the investment under Section 80CCD(1B) in your income tax return (ITR).

And that’s it! You can now enjoy your tax savings with confidence.

9. Step-by-Step Example of Tax Savings

Let’s take an example:
Mr. Raj, a non-government employee, invests ₹1,50,000 under Section 80C and ₹50,000 in NPS under Section 80CCD(1B).

Total Deduction = ₹2,00,000.
If his income falls under the 30% tax bracket, he saves ₹15,000 in taxes just by using Section 80CCD(1B).

That’s like getting paid for planning smartly!

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

Section 80CCD(1B) | With Automatic Income Tax Preparation Software/Calculator All in One for the Government and Non-Government Employees for F.Y. 2025-26 Know your Tax Burden in the Old and New Tax Regime for the F.Y.2025-26 with Tax Calculator in Excel[/caption][caption id="attachment_6243" align="alignnone" width="745"]Section 80CCD(1B) | With Automatic Income Tax Preparation Software/Calculator All in One for the Government and Non-Government Employees for F.Y. 2025-26 Know your Tax Burden in the Old and New Tax Regime for the F.Y.2025-26 with Tax Calculator in Excel[/caption][caption id="attachment_6224" align="alignnone" width="1011"]Section 80CCD(1B) | With Automatic Income Tax Preparation Software/Calculator All in One for the Government and Non-Government Employees for F.Y. 2025-26 Section 80CCD(1B) | With Automatic Income Tax Preparation Software/Calculator All in One for the Government and Non-Government Employees for F.Y. 2025-26[/caption][caption id="attachment_6208" align="alignnone" width="1026"]Section 80CCD(1B) | With Automatic Income Tax Preparation Software/Calculator All in One for the Government and Non-Government Employees for F.Y. 2025-26 Section 80CCD(1B) | With Automatic Income Tax Preparation Software/Calculator All in One for the Government and Non-Government Employees for F.Y. 2025-26[/caption]

Form 10E

Key Features of the Excel-Based Tax Preparation Utility

1. Dual Regime Option

You can easily select either the New or Old Tax Regime under Section 115BAC. Moreover, the software instantly compares both regimes and highlights which one saves you more tax. Furthermore, it empowers you to make smarter financial decisions with just one click.

2. Customised Salary Structure

The software automatically adapts to your specific salary format, whether you work for a Government or Non-Government organisation. Additionally, it customises your inputs to minimise manual entries and reduce human errors. Besides, this automation saves valuable time and ensures consistent accuracy across every calculation.

3. Automatic Arrears Relief Calculator [Section 89(1) + Form 10E]

The utility precisely calculates arrears relief for all financial years from 2000–01 to 2025–26. In addition, it automatically generates Form 10E for direct submission, eliminating the need for complex manual entries. Consequently, you can enjoy accurate and hassle-free tax relief computations every time.

4. Updated Form 16 (Part A & B)

The software automatically prepares the Revised Form 16 (Part A & B) for the Financial Year 2025–26. Likewise, it ensures that your Form 16 remains fully compliant with the latest tax rules and formats. Therefore, you can confidently submit your documents without worrying about compliance errors.

5. Simplified Compliance

The tool performs quick and error-free tax calculations using advanced built-in formulas. Furthermore, it removes the need for manual corrections, which enhances both accuracy and efficiency. Finally, you can prepare and finalise your income tax return with complete confidence and speed.

11. Features of the All-in-One Excel-Based Calculator

Here’s what makes this tool stand out:

  • Covers All Deductions: Including Section 80C, 80D, 80CCD(1B), etc.
  • Automatic Tax Calculation: Based on current income tax slabs.
  • Form 10E Integration: Helps in arrears and relief calculations.
  • Separate Sheets: For government and private employees.
  • Printable Reports: Generate Form 16 and summary sheets easily.

In short, this Excel-based software is a one-stop solution for salaried taxpayers.

12. How to Use the Excel-Based Calculator

Using the calculator is as simple as 1-2-3:

  1. Download the Excel file. From the above link
  2. Enter your salary details, deductions, and investments.
  3. Get your automatic computation with total tax payable and savings.

It’s almost like having your personal tax assistant inside Excel!

13. Benefits for Government Employees

For government employees, this software is especially useful. It includes:

  • Updated HRA and DA calculations.
  • Form 10E for relief on arrears.
  • Easy comparison between old and new tax regimes.

This means you can make the best decision about which regime suits your income better.

14. Benefits for Non-Government Employees

Non-government employees can also enjoy several advantages:

  • Auto-calculation of PF, NPS, and Professional Tax.
  • Support for both monthly and annual salary structures.
  • Customizable deductions for accurate results.

It ensures that private sector professionals save time, money, and stress.

15. Final Thoughts and Conclusion

In today’s fast-paced world, smart tax planning is essential. Section 80CCD(1B) empowers you to save more while securing your future through NPS. And with the help of the Automatic Income Tax Preparation Software/Calculator, managing taxes becomes effortless and precise.

Remember, every rupee saved in taxes is a step closer to financial freedom. So, why not make the most of it today?

Frequently Asked Questions (FAQs)

  1. What is Section 80CCD(1B) under the Income Tax Act?
    Section 80CCD(1B) allows an additional tax deduction of ₹50,000 for contributions made to the National Pension System (NPS).
  2. Who can claim deduction under Section 80CCD(1B)?
    Any individual taxpayer, whether a government or private employee, can claim this deduction by contributing to NPS.
  3. Is Section 80CCD(1B) part of Section 80C?
    No, it’s an additional deduction over and above the ₹1.5 lakh limit under Section 80C.
  4. How can I claim the deduction in my ITR?
    You must provide your NPS contribution details under Section 80CCD(1B) in your Income Tax Return form.
  5. Can I use the Automatic Income Tax Calculator to compute my total savings?
    Yes! The Excel-based calculator automatically includes deductions under Section 80CCD(1B) and shows your net taxable income.

Why Choose the Automatic Income Tax Preparation Software All-in-One in Excel?

You should choose this Automatic Income Tax Preparation Software because it makes tax computation simple, accurate, and time-saving. Moreover, it’s specifically designed for Government and Non-Government employees for the Financial Year 2025–26, ensuring full compatibility with the latest tax rules. Furthermore, it minimises manual work while maximising precision, which helps you file your income tax returns effortlessly.

Additionally, this Excel-based utility provides built-in formulas, automatic comparisons, and real-time updates, making it a perfect tool for anyone who wants to save time and stay compliant. Therefore, whether you are a salaried government official or a private sector employee, you can confidently rely on this calculator to handle all your tax needs.

Comprehensive Coverage for Both Old and New Tax Regimes

This All-in-One Excel Calculator supports both the Old and New Tax Regimes under Section 115BAC. Moreover, the software allows you to switch between the two instantly and see which one gives you the highest savings. In addition, it performs an in-depth comparison, showing detailed calculations for both regimes side by side.

Consequently, you can make an informed decision based on your income, deductions, and personal financial goals. Likewise, it ensures you never miss out on any potential tax benefit. Besides, the calculator follows the latest Income Tax Slabs for F.Y. 2025–26, ensuring every computation remains fully up-to-date.

Time-Saving Automation and Accuracy

Unlike manual calculations that often lead to confusion or errors, this Excel-based software performs every step automatically. Furthermore, it updates every figure as soon as you input your salary and deductions. Consequently, the process becomes faster, smoother, and completely error-free.

Additionally, because the software is built with verified tax formulas, you can trust the accuracy of its results. Moreover, you can print detailed tax reports, saving valuable time during documentation and submission. Therefore, this automation not only enhances your tax preparation but also reduces the stress of last-minute filing.

Automatic Relief Calculation under Section 89(1) and Form 10E

The software also includes a powerful Automatic Arrears Relief Calculator under Section 89(1) with integrated Form 10E. Moreover, it helps you calculate arrear relief for salary differences from the F.Y. 2000–01 to 2025–26. In addition, the system automatically generates Form 10E, which you can directly attach to your income tax return.

Consequently, this feature ensures that your arrear-related tax relief is accurate and legally compliant. Likewise, it prevents overpayment or underpayment of taxes due to arrears, thereby protecting your financial interests.

Upgraded Form 16 Generation (Part A & B) And Part B

The Automatic Income Tax Preparation Software instantly generates Form 16 (Part A & B) and Part B in line with the latest tax norms. Moreover, it ensures that every entry, such as gross salary, deductions, and taxable income, is placed in the correct format. Additionally, you can print or share this Form 16 directly for submission.

Likewise, this saves both time and effort while ensuring that all your records stay in perfect order. Therefore, government and non-government employees can depend on it for precise and professional documentation.

Smart Compliance with Zero Manual Errors

In today’s fast-paced environment, accuracy and compliance are critical. Consequently, the All-in-One Excel Tax Calculator ensures that your income tax computations are quick, accurate, and compliant with government regulations. Moreover, advanced inbuilt formulas automatically detect errors, helping you maintain accuracy without extra effort.

Additionally, you can review every calculation in real-time, ensuring full transparency and control. Therefore, the risk of manual error becomes almost zero, which enhances both efficiency and confidence in your tax filing process.

Compatibility and Ease of Use

You don’t need to be a tax expert or Excel professional to use this software. Furthermore, the user-friendly design makes it suitable for everyone, from entry-level employees to senior officers. Additionally, the tool works seamlessly on most versions of Microsoft Excel, ensuring smooth performance without additional installations.

Besides, it requires minimal system resources, so you can run it easily on your desktop or laptop. Consequently, it becomes a convenient and accessible solution for every taxpayer. Moreover, you can save multiple versions of your calculations and revisit them whenever necessary.

Benefits for Government Employees

Government employees enjoy specific advantages while using this tool. Moreover, it includes built-in fields for HRA, DA, and TA calculations, making it extremely useful for central and state government staff. In addition, it provides Form 10E and arrear relief options that align with government salary structures.

Furthermore, it allows you to compare the old and new tax regimes, so you can select the one that maximises your take-home income. Therefore, government employees can easily calculate their taxes without needing professional help.

Benefits for Non-Government Employees

Private-sector professionals can also gain significant benefits. Moreover, the calculator supports diverse pay structures, including monthly and annual formats. Additionally, it helps compute deductions like EPF, Professional Tax, and NPS contributions automatically.

Furthermore, it generates clear reports that you can share with your HR or accounting department. Consequently, it saves both time and money by eliminating the need for manual verification or expensive software. Therefore, this tool becomes an ideal companion for non-government employees who want efficiency and accuracy in one place.

Conclusion

In conclusion, the Automatic Income Tax Preparation Software All-in-One in Excel for F.Y. 2025–26 is an essential tool for every salaried individual. Moreover, it simplifies the complex process of tax computation and ensures full compliance with Indian tax laws. Additionally, its intelligent automation, dual-regime comparison, and arrear relief calculation make it one of the most reliable tax utilities available.

Therefore, whether you are a Government or Non-Government employee, you can confidently download and use this tool to prepare your taxes quickly and accurately. Furthermore, its real-time accuracy and ease of use ensure that you never miss a deduction or make an error again. Finally, it’s more than just a calculator—it’s your personal tax assistant for a stress-free financial year.

Monday, 15 September 2025

  

Budget 2025

Budget 2025 has completely reshaped the Income Tax Act, 1961. From 1st April 2025, every salaried employee, business owner, and investor will experience the impact of these reforms. Think of this like updating your smartphone’s operating system: just as updates remove glitches and add new features, these tax changes aim to simplify compliance, cut red tape, and boost savings.

In this article, I will walk you through every Income Tax Change from 1st April 2025, explain their impact, and show you how you can plan smarter. Moreover, I will also introduce you to a powerful Automatic Income Tax Preparation Software in Excel, specially designed for both government and non-government employees.

Table of Contents

Sr#Headings
1New Income Tax Slabs for FY 2025-26
2Comparison with Previous Year Slabs
3Increased Rebate Under Section 87A
4Enhanced TDS Thresholds
5Changes in Tax Collected at Source (TCS)
6Extended Timeline for Updated Tax Returns
7Incentives for IFSC Units
8Tax Exemptions for Start-ups
9Removal of Section 206AB and 206CCA
10Deduction on Partner Remuneration
11ULIPs to be Taxed as Capital Gains
12Relaxation in the Deemed Let-Out Property Provision
13Removal of Equalisation Levy
14How These Changes Affect Individual Taxpayers
15Key Takeaways for FY 2025-26

1. New Income Tax Slabs for FY 2025-26

The government introduced fresh tax slabs under the new default regime (Section 115BAC). By doing so, it encouraged individuals to save more while also increasing their disposable income.

Revised Slabs for FY 2025-26 (AY 2026-27):

  • Up to ₹4,00,000 → Nil
  • ₹4,00,001 – ₹8,00,000 → 5%
  • ₹8,00,001 – ₹12,00,000 → 10%
  • ₹12,00,001 – ₹16,00,000 → 15%
  • ₹16,00,001 – ₹20,00,000 → 20%
  • ₹20,00,001 – ₹24,00,000 → 25%
  • Above ₹24,00,000 → 30%

Importantly, the Old Tax Regime continues unchanged but remains optional.

2. Comparison with Previous Year Slabs

When compared with FY 2024-25, the new slabs are wider and more taxpayer-friendly. For instance, the exemption limit now rises from ₹3 lakh to ₹4 lakh, offering relief to millions of middle-class earners.

This restructuring gradually expands each slab, thereby giving more breathing room to taxpayers across income levels.

3. Increased Rebate Under Section 87A

The rebate u/s 87A has been significantly enhanced:

  • Earlier: ₹25,000 rebate (tax-free income up to ₹7 lakh).
  • Now: ₹60,000 rebate (tax-free income up to ₹12 lakh under the new regime).

As a result, taxpayers earning up to ₹12 lakh will now pay zero tax.

4. Enhanced TDS Thresholds

The government raised several TDS thresholds to reduce unnecessary deductions and ease compliance. For example:

  • Senior citizens’ interest income: ₹50,000 → ₹1,00,000
  • Rent: ₹2,40,000 annually → ₹50,000 monthly
  • Professional fees: ₹30,000 → ₹50,000
  • Commission/Brokerage: ₹15,000 → ₹20,000

Clearly, freelancers, consultants, and small taxpayers will gain the most from this move.

5. Changes in Tax Collected at Source (TCS)

Two significant reforms reshaped TCS provisions:

  1. Overseas Remittances under LRS – Threshold increased from ₹7 lakh to ₹10 lakh. Plus, no TCS applies to education loans.
  2. Abolition of Section 206C(1H) – TCS on goods worth over ₹50 lakh has been scrapped.

Together, these steps remove compliance pressure on individuals and businesses engaged in global transactions.

6. Extended Timeline for Updated Tax Returns

Now, you can file an Updated Return (ITR-U) within 48 months (4 years) from the end of the assessment year.

However, you must pay additional tax depending on the delay:

  • Within 12 months → 25% extra
  • Within 24 months → 50% extra
  • Within 36 months → 60% extra
  • Within 48 months → 70% extra

This extension provides more flexibility for voluntary disclosures.

7. Incentives for IFSC Units

The government extended tax concessions for IFSC units until 31 March 2030. In addition, life insurance bought from IFSC offices by NRIs enjoys complete exemption under Section 10(10D).

This strengthens India’s global financial hub ambitions.

8. Tax Exemptions for Start-ups

Start-ups incorporated before 1st April 2030 can now enjoy 100% tax deductions for 3 out of 10 years under Section 80-IAC.

Consequently, entrepreneurs gain more breathing space to reinvest profits into their businesses.

9. Removal of Section 206AB and 206CCA

Earlier, businesses had to verify whether the recipient filed an ITR before deducting tax. From April 2025, these sections will be removed, thereby cutting compliance burden for both taxpayers and businesses.

10. Deduction on Partner Remuneration

Partnership firms and LLPs can now claim higher deductions:

  • First ₹6,00,000 profit → Higher of ₹3,00,000 or 90%
  • Balance → 60% of profit

This ensures partners receive fairer remuneration benefits.

11. ULIPs to be Taxed as Capital Gains

If annual premiums exceed ₹2.5 lakh or 10% of the sum assured, ULIP proceeds will be taxed as capital gains.

  • STCG → 20%
  • LTCG → 12.5%

If premiums remain below the threshold, exemptions under Section 10(10D) still apply.

12. Relaxation in Deemed Let-Out Property Provision

Previously, you could treat two homes as self-occupied (with NIL annual value) only if relocation was forced. Now, from April 2025, you can declare any two houses as self-occupied regardless of the reason.

13. Removal of Equalisation Levy

The 6% levy on digital ad payments to foreign service providers is removed from April 2025. This reduces costs for Indian companies relying on global platforms.

14. How These Changes Affect Individual Taxpayers

  • Middle-class earners → Save more with wider slabs and higher rebates.
  • Senior citizens → Earn higher tax-free interest.
  • Property owners → Enjoy flexibility in self-occupied property rules.
  • Investors → Need to reassess ULIPs.
  • Businesses → Benefit from reduced TDS/TCS compliance.

15. Key Takeaways for FY 2025-26

  • New tax regime slabs = fairer, progressive system.
  • Rebate under Section 87A = zero tax up to ₹12 lakh.
  • TDS/TCS compliance burden reduced.
  • Start-ups and IFSC units get longer tax holidays.
  • Revisions in property, ULIP, and partner remuneration rules provide equity.

Conclusion

The Income Tax Changes from 1st April 2025 reflect a bold step toward simplification. While the government aims to balance revenue collection with taxpayer relief, the real benefits will depend on how individuals and businesses adapt.

Think of these reforms as a smoother operating system update: fewer bugs, better performance, and more transparency. Whether you’re salaried, self-employed, or a business owner, you now have a clearer and more flexible tax framework to plan your finances.

Frequently Asked Questions (FAQs)

  1. What are the major Income Tax Changes from 1st April 2025?
    Key changes include revised slabs, higher rebate under Section 87A, enhanced TDS/TCS thresholds, an extended timeline for updated returns, and tax reliefs for start-ups and IFSC units.
  2. Is income up to ₹12 lakh tax-free from FY 2025-26?
    Yes, under the new tax regime, income up to ₹12 lakh is tax-free due to the enhanced rebate.
  3. Do I still need to file ITR if my income is below ₹12 lakh?
    Yes. Filing ITR remains mandatory if your income crosses the basic exemption limit, even if tax liability is nil.
  4. What happens to ULIPs after April 2025?
    ULIPs with annual premiums above ₹2.5 lakh or 10% of the sum assured will be taxed as capital gains.
  5. Are the old tax regime slabs still available?
    Yes, the old regime continues unchanged but remains optional.

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

The Budget 2025: Major Income Tax Changes From 1st April 2025 along with Automatic Income Tax Preparation Software All in One in Excel for the Govt and Non-Govt Employees for F.Y. 2025-26 The Budget 2025: Major Income Tax Changes From 1st April 2025 along with Automatic Income Tax Preparation Software All in One in Excel for the Govt and Non-Govt Employees for F.Y. 2025-26 The Budget 2025: Major Income Tax Changes From 1st April 2025 along with Automatic Income Tax Preparation Software All in One in Excel for the Govt and Non-Govt Employees for F.Y. 2025-26 The Budget 2025: Major Income Tax Changes From 1st April 2025 along with Automatic Income Tax Preparation Software All in One in Excel for the Govt and Non-Govt Employees for F.Y. 2025-26 Form 10E

  • ✅ Prepares your Tax Computed Sheet as per Budget 2025
  • ✅ Inbuilt salary structure for both Govt & Non-Govt Employees
  • ✅ Automatic Salary Sheet
  • ✅ Automatic calculation of HRA Exemption u/s 10(13A)
  • ✅ Automatic Income Tax Arrears Relief Calculation u/s 89(1) with Form 10E
  • ✅ Automatic Form 16 Part A and B
  • ✅ Automatic Form 16 Part B

Friday, 12 September 2025

  

Income Tax Return

Introduction

The Union Budget 2025 brought significant tax changes that directly impact salaried individuals, government employees, and non-government employees alike. Many taxpayers are now asking: Which regime is better—the Old or the New Tax Regime?

As per the Budget 2025, the New Tax Regime is more beneficial than the Old Tax Regime for a majority of taxpayers. Why? Because under this new structure, income up to ₹12.5 lakh can be exempted effectively with rebates and deductions, while earlier the benefits were limited. Interestingly, the New Tax Regime allows full exemption up to ₹7 lakh without paying any tax, and after ₹7 lakh, the tax calculation begins with lower slab rates compared to the Old Regime.

Think of it like shopping in a supermarket. In the Old Regime, you had many discount coupons (deductions), but you had to keep track of them carefully. In the New Regime, you walk in, and most items are already at a lower price—simple, direct, and beneficial.

This article will explain the benefits of the Old and New Tax Regime as per Budget 2025, compare them, and show how you can simplify your tax filing with Automatic Income Tax Preparation Software All in One in Excel for F.Y. 2025-26.

Table of Contents

Sr#Headings
1Understanding the Old Tax Regime
2Understanding the New Tax Regime
3Key Announcements in Budget 2025
4Benefits of the Old and New Tax Regime as per Budget 2025
5Why the New Tax Regime Is Considered More Beneficial
6Tax Exemption Up to ₹7 Lakh Explained
7Effective Exemption Up to ₹12.5 Lakh in the New Regime
8Comparison of Tax Slabs: Old vs New
9Impact on Government Employees
10Impact on Non-Government Employees
11Role of Standard Deduction in Both Regimes
12Automatic Income Tax Preparation Software All-in-One in Excel
13How Software Simplifies Tax Filing
14Common Mistakes Taxpayers Make While Choosing a Regime
15Final Verdict: Which Regime Should You Choose?
16Conclusion
17FAQs

1. Understanding the Old Tax Regime

The Old Tax Regime was known for its multiple deductions and exemptions. Taxpayers could claim benefits under Section 80C, 80D, HRA, LTA, home loan interest deductions, and more. This regime rewarded those who invested in tax-saving instruments like PPF, ELSS, insurance policies, and NPS.

However, the downside was its complexity. Taxpayers had to plan investments carefully to save tax. Many found it overwhelming to keep track of different proofs, receipts, and deadlines.

2. Understanding the New Tax Regime

The New Tax Regime was introduced to simplify taxation. Instead of relying on deductions, it offers lower tax rates with fewer compliance requirements.

  • Up to ₹7 lakh of income is tax-free.
  • The effective benefit can go up to ₹12.5 lakh under the Budget 2025 provisions.
  • Fewer deductions, but straightforward and transparent slab rates.

This makes it especially attractive to young professionals, freelancers, and salaried employees who do not want to lock their money in long-term tax-saving instruments.

3. Key Announcements in Budget 2025

The Budget 2025 highlighted a clear preference for the New Tax Regime:

  • Standard Deduction of ₹75,000 is available.
  • Tax rebate up to ₹7 lakh under Section 87A.
  • Effective tax exemption up to ₹12.5 lakh with deductions like NPS and employer contributions.
  • Focus on simplifying tax filing for both government and non-government employees.

4. Benefits of the Old and New Tax Regime as per Budget 2025

Both regimes have advantages depending on the taxpayer’s profile:

  • Old Regime Benefits: High deductions if you invest in tax-saving instruments. Useful for those with home loans or large medical insurance premiums.
  • New Regime Benefits: Simpler structure, less paperwork, and higher effective exemption. Great for people who prefer liquidity over locking funds.

5. Why the New Tax Regime Is Considered More Beneficial

The New Tax Regime wins because:

  • Income up to ₹12.5 lakh can be non-taxable with rebates.
  • You don’t need to chase multiple deductions.
  • Salaried people with fewer investments save more.

In short, it saves both time and money while reducing stress.

6. Tax Exemption Up to ₹7 Lakh Explained

Under Section 87A, if your taxable income does not exceed ₹7 lakh, you pay zero tax under the New Regime. This makes it especially beneficial for middle-class taxpayers.

7. Effective Exemption Up to ₹12.5 Lakh in New Regime

With the standard deduction and employer contributions towards NPS, taxpayers can stretch their tax-free income limit up to ₹12.5 lakh. This is the biggest attraction of Budget 2025 for salaried individuals.

8. Comparison of Tax Slabs: Old vs New

  • Old Regime: Higher slab rates but multiple deductions.
  • New Regime: Lower slab rates, fewer deductions, more direct benefit.

This comparison shows why many are shifting toward the new system.

9. Impact on Government Employees

Government employees often enjoyed allowances under the Old Regime. However, Budget 2025 ensures that even government staff find better savings under the New Regime with standard deduction and NPS contributions.

10. Impact on Non-Government Employees

Private-sector employees benefit the most since many do not claim multiple deductions. The New Regime provides a clean, hassle-free approach with higher exemptions.

11. Role of Standard Deduction in Both Regimes

The standard deduction of ₹75,000 is available under both regimes. This levels the playing field and ensures every salaried person gets a direct benefit without extra paperwork.

12. Automatic Income Tax Preparation Software All-in-One in Excel

Manual calculations can be confusing. The Automatic Income Tax Preparation Software All-in-One simplifies everything. It allows both government and non-government employees to:

  • Enter income details.
  • Choose between the Old and New Regimes.
  • Automatically calculate tax liability.

13. How Software Simplifies Tax Filing

This Excel-based tool works like a personal tax assistant. It automatically generates tax sheets, Form 16, and even helps with Form 10E for arrears. Instead of worrying about mistakes, you can file your return with confidence.

14. Common Mistakes Taxpayers Make While Choosing a Regime

  • Not comparing both regimes before filing.
  • Overestimating deductions in the Old Regime.
  • Forgetting that liquidity has value, money locked in tax-saving schemes reduces flexibility.

15. Final Verdict: Which Regime Should You Choose?

If you are someone who invests heavily in tax-saving schemes, the Old Regime may still suit you. But for most taxpayers, especially those earning up to ₹12.5 lakh, the New Tax Regime is more beneficial as per Budget 2025.

16. Conclusion

The Budget 2025 has tilted the scales in favour of the New Tax Regime. With simple slabs, higher exemptions, and reduced paperwork, it is truly a win for the general public.

Combine this with Automatic Income Tax Preparation Software All in One in Excel, and you have a stress-free way to calculate, plan, and file your taxes with confidence.

17. FAQs

Q1. What is the maximum tax-free income under the New Tax Regime in Budget 2025?
You can enjoy an effective exemption of up to ₹12.5 lakh under the New Regime.

Q2. Is the Old Tax Regime still available in F.Y. 2025-26?
Yes, taxpayers can still choose the Old Regime if it offers better benefits for them.

Q3. Who benefits most from the New Tax Regime?
Salaried individuals and non-government employees with fewer deductions benefit the most.

Q4. Do government employees gain under the New Tax Regime?
Yes, thanks to the standard deduction and NPS benefits, government employees also save more.

Q5. How does the Automatic Income Tax Preparation Software help taxpayers?
It simplifies tax filing by auto-calculating tax liability under both regimes and reducing errors.

Download the Automatic Income Tax Calculator All-in-One for Government and Non-Government Employees with Form 10E in Excel for F.Y. 2025-26

New Tax Regime Is More Beneficial Than the Old Tax Regime as per Budget 2025 | With Automatic Income Tax Preparation Software All in One for the Government and Non-Government Employees for F.Y. 2025-26 New Tax Regime Is More Beneficial Than the Old Tax Regime as per Budget 2025 | With Automatic Income Tax Preparation Software All in One for the Government and Non-Government Employees for F.Y. 2025-26 New Tax Regime Is More Beneficial Than the Old Tax Regime as per Budget 2025 | With Automatic Income Tax Preparation Software All in One for the Government and Non-Government Employees for F.Y. 2025-26 New Tax Regime Is More Beneficial Than the Old Tax Regime as per Budget 2025 | With Automatic Income Tax Preparation Software All in One for the Government and Non-Government Employees for F.Y. 2025-26 Form 10E

  • This Excel-based calculator instantly prepares your Tax Computation Sheet as per the provisions of Budget 2025.
  • Moreover, it includes an inbuilt salary structure for both Government and Non-Government employees, making it user-friendly.
  • You can also rely on its Automatic Salary Sheet, which ensures accuracy without manual effort.
  • In addition, it automatically calculates the HRA exemption under Section 10(13A) with just a few entries.
  • It further simplifies your work by automatically computing Income Tax Arrears Relief under Section 89(1) along with Form 10E.
  • As a bonus, the tool generates Form 16 Part A and Part B automatically, reducing paperwork.
  • Finally, it provides an automatic Income Tax Form 16 Part B, making the filing process seamless and stress-free.