This is year end time and all employees are supposed to submit income tax savings estimate to their employers so as to get deduction for all permissible savings and plan income tax liability. Failure on part of an employee to submit details of his savings can lead to employer deducting more income tax

As a part of series of providing various calculators to our visitors, today, we are attaching small utility which can be used by an employee to submit his estimate to his employer to enable employer deduct income tax at source.

Filling this up is simple. Just enter your data in Data sheet and get the result in result or summary sheet. Print the selected area in result sheet for onward submission to your employer.

We would solicit your comments and suggestions for improvements in the sheet as well suggestions for any more calculator that you might need.