Download Excel Calculator for Salary Components – Save Income Tax!

Hello Readers,

I have attached a plain and simple excel sheet with some basic calculations. These are the most easily usable components in salary. There are other components such as Meal Coupons, Uniform Allowance etc, but all these other components might get difficult for smaller companies.

salary-component-breakup

In the attached excel, just enter the CTC amount and rest will be done! If you want you can play with the field values to suit your situation. DON’T FORGET to get it checked from a CA or finance guy to be full proof. I just did this in my free time so thought of sharing. Use it or ignore it 🙂

I do NOT intend to cause any trouble to anyone.

 

Best Regards