Photo by mamchenkov

Are you a salaried employee in India? Want an easy do-it-yourself way to calculate your income tax liabilities?

If you’ve answered yes to both the questions above, look no further. Nithyanand (better known as ynithya) has created a new version of the income tax calulator for FY 2008-09 and I must admit this is the best (excel sheet based) income tax calulator I’ve come across. It is very easy to use, provides just about everything you’d need to calculate your tax liabilities. I’ve been using his tax calculators for many years now and I simply love it. And best of all, he’s made this tax calculator available to us for FREE.

Download Ynithya’s Indian Income Tax Calculator FY 2008-09 & and use it to experience the power of this simple income tax calculator.

I’d love to hear back from you on what you think about this calculator. Post your comments in the comment form below.

DISCLAIMER

This tax calculator can be used for tax planning to calculate the approximate tax payable by salaried individuals. This should NOT be used to compute the actual taxes to be paid to the Government. The Orange Paper is not responsible for any inaccuracies in the tax computed by this calculator. If you find any inconsistency/inaccuracy, please visit http://www.ynithya.com/taxcalc and notify the author.

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