Revised Pay, Arrears and Tax Calculator

NAME: Dr Xyz New Desi: Associate Professor 3

Sex: Female 2 PAN No.: Getting Tpt All? Getting HRA?
Old Basic Pay: 16620 Select PB: 37400-67000
INPUT DATA FOR
16620 1 Yes 1 Yes 1
Revised BP: 42120 AGP: 29000 Incr. Month: Apr
RED COLOR
FIELDS

NAME: Dr Xyz Associate Professor Software Version 20.02.2009

REVISED PAY IN PB4 37400-67000

Date Revised Pay GP Total Gross Pay % Change

1.01.2006 42120 9000 51120 51120 65.37

1.09.2008 46870 9000 55870 85282 76.67

INPUT FOR INCOME TAX CALCULATIONS Total Arrears

Tax + Cess Paid up to Dec 2008: 25000 From Jan 2006 to Aug 2008 698441
Savings U/S 80C (Max 100000): 100000 ARREARS AND INCOME TAX
Interest Paid on Housing Loan: 100000 FY Arr. to be Paid FY Income Tax
Interest Paid on Education Loan: 0 2008-09 279376 169898
Income from other Sources: 0 2009-10 419065 Not Calculated

NEW TAX CALCULATIONS

TOTAL Tax+ Cess Paid upto Jan 2009 25000
Balance Tax to be recovered 144898
Tax Deduction From Arrears 0
Balance Tax Recovery Feb 2009 144898
 Summary: Implementation of 6th Pay commission
Name: Dr Xyz Designation: Associate Professor Office: DU College
New Scale: 37400-67000
Date BandPay GradePay Total DA HRA TPT Add.Incr/Pay Gross Pay
1.1.2006 42120 9000 51120 0 0 0 0 51120
1.4.2006 43660 9000 52660 0 0 0 0 52660
1.4.2007 45240 9000 54240 3254 0 0 0 57494
1.4.2008 46870 9000
0 55870 6704 0 0 0 62574
1.9.2008 46870 9000 55870 8939 16761 3712 0 85282

PAYMENTS OF ARREARS TAX CALCULATIONS

Total Arrears (1.1.06 to 1.8.09) 698441 Total Tax for 08-09 with arrears 169898
To be paid in FY 08-09 (40%) 279376 Tax deducted from March 08 to Jan 09 25000
To be paid in FY 09-10 (60%) 419065 Tax Deducted from Arrears 0
Arrears of Sep08-Jan09 185054 Balance Tax to be paid 144898
Tax on arrears +Cees @ 0
Net Arrears Due in 08-09 464430 Tax deduction Feb-09 144898
NAME: Dr Xyz Associate Professor DU College
DRAWN [A] DUE [B]
DATE
TOTAL Band TPT+DA TOTAL Diff
BP DP DA Spl Pay HRA TPT AGP Spl Pay DA HRA
(A) Pay there on (B) (B-A)
1-Jan-2006 16620 8310 5983 0 0 0 30913
### 42120 9000 0 0 0 0 51120 20207
1-Feb-2006 16620 8310 5983 0 0 0 30913
### 42120 9000 0 0 0 0 51120 20207
1-Mar-2006 16620 8310 5983 0 0 0 30913
### 42120 9000 0 0 0 0 51120 20207
1-Apr-2006 17040 8520 6134 0 0 0 31694
### 43660 9000 0 0 0 0 52660 20966
1-May-2006 17040 8520 6134 0 0 0 31694
### 43660 9000 0 0 0 0 52660 20966
1-Jun-2006 17040 8520 6134 0 0 0 31694
### 43660 9000 0 0 0 0 52660 20966
1-Jul-2006 17040 8520 7412 0 0 0 32972
### 43660 9000 0 1053 0 0 53713 20741
1-Aug-2006 17040 8520 7412 0 0 0 32972
### 43660 9000 0 1053 0 0 53713 20741
1-Sep-2006 17040 8520 7412 0 0 0 32972
### 43660 9000 0 1053 0 0 53713 20741
1-Oct-2006 17040 8520 7412 0 0 0 32972
### 43660 9000 0 1053 0 0 53713 20741
1-Nov-2006 17040 8520 7412 0 0 0 32972
### 43660 9000 0 1053 0 0 53713 20741
1-Dec-2006 17040 8520 7412 0 0 0 32972
### 43660 9000 0 1053 0 0 53713 20741
1-Jan-2007 17040 8520 8946 0 0 0 34506
### 43660 9000 0 3160 0 0 55820 21314
1-Feb-2007 17040 8520 8946 0 0 0 34506
### 43660 9000 0 3160 0 0 55820 21314
1-Mar-2007 17040 8520 8946 0 0 0 34506
### 43660 9000 0 3160 0 0 55820 21314
1-Apr-2007 17460 8730 9167 0 0 0 35357
### 45240 9000 0 3254 0 0 57494 22138
1-May-2007 17460 8730 9167 0 0 0 35357
### 45240 9000 0 3254 0 0 57494 22138
1-Jun-2007 17460 8730 9167 0 0 0 35357
### 45240 9000 0 3254 0 0 57494 22138
1-Jul-2007 17460 8730 10738 0 0 0 36928
### 45240 9000 0 4881 0 0 59121 22193
1-Aug-2007 17460 8730 10738 0 0 0 36928
### 45240 9000 0 4882 0 0 59122 22194
1-Sep-2007 17460 8730 10738 0 0 0 36928
### 45240 9000 0 4882 0 0 59122 22194
1-Oct-2007 17460 8730 10738 0 0 0 36928
### 45240 9000 0 4882 0 0 59122 22194
1-Nov-2007 17460 8730 10738 0 0 0 36928
### 45240 9000 0 4882 0 0 59122 22194
1-Dec-2007 17460 8730 10738 0 0 0 36928
### 45240 9000 0 4882 0 0 59122 22194
1-Jan-2008 17460 8730 12309 0 0 0 38499
### 45240 9000 0 6509 0 0 60749 22250
1-Feb-2008 17460 8730 12309 0 0 0 38499
### 45240 9000 0 6509 0 0 60749 22250
1-Mar-2008 17460 8730 12309 0 0 0 38499
### 45240 9000 0 6509 0 0 60749 22250
1-Apr-2008 17880 8940 12605 0 0 0 39425
### 46870 9000 0 6704 0 0 62574 23149
1-May-2008 17880 8940 12605 0 0 0 39425
### 46870 9000 0 6704 0 0 62574 23149
1-Jun-2008 17880 8940 12605 0 0 0 39425
### 46870 9000 0 6704 0 0 62574 23149
1-Jul-2008 17880 8940 12605 0 0 0 39425
### 46870 9000 0 8939 0 0 64809 25384
1-Aug-2008 17880 8940 12605 0 0 0 39425
### 46870 9000 0 8939 0 0 64809 25384
1-Sep-2008 17880 8940 12605 0 8046 800 48271
### 46870 9000 0 8939 16761 3712 85282 37011
1-Oct-2008 17880 8940 12605 0 8046 800 48271 46870 9000 0 8939 16761 3712 85282 37011
1-Nov-2008 17880 8940 12605 0 8046 800 48271 46870 9000 0 8939 16761 3712 85282 37011
1-Dec-2008 17880 8940 12605 0 8046 800 48271 46870 9000 0 8939 16761 3712 85282 37011
1-Jan-09 17880 8940 12605 0 8046 800 48271 46870 9000 0 8939 16761 3712 85282 37011
### Arrear Till August 2008= 698441

40% of Arrears= 279376

Arrears of Sept 08 to Jan 09= 185054
###
### Total 464430
 ESTIMATES OF INCOME TAX for - FY 2008-09: Claiming Relief U/s 89(1) [Ref Annexure-I]
NAME: Dr Xyz PAN: Desig: Associate Prof Office: DU College

TPT All +
BP DP/GP DA CCA HRA Arrears Addl Pay TOTAL
Month DA Rate DA on TPT GPF+CGEIS
(a) (b) (c) (d) (e) (g) (h) Sum of (a) to (h)
(f)
March-08 17460 8730 47 12309 300 7857 800 0 0 0 47456
April-08 17880 8940 47 12605 300 8046 800 4714 0 0 53286
May-08 17880 8940 47 12605 300 8046 800 0 0 0 48571
June-08 17880 8940 47 12605 300 8046 800 0 0 0 48571
July-08 17880 8940 47 12605 300 8046 800 0 0 0 48571
August-08 17880 8940 47 12605 300 8046 800 0 0 0 48571
September-08 46870 9000 16 8939 0 16761 3712 0 0 0 85282
October-08 46870 9000 16 8939 0 16761 3712 0 0 0 85282
November-08 46870 9000 16 8939 0 16761 3712 0 0 0 85282
December-08 46870 9000 16 8939 0 16761 3712 0 0 0 85282
January-09 46870 9000 16 8939 0 16761 3712 0 0 0 85282
February-09 46870 9000 16 8939 0 16761 3712 279376 0 0 364659
Total= 1086097
Projected Income
AMOUNT BALANCE
TOTAL SALARY including Transport Allowance 1086097
(-) Transport Allowance @ Rs 800/- pm 9600 1076497
GROSS SALARY 1076497
OTHER INCOME (LeaveSalary) 0 1076497
SETTING OFF LOSS - HOUSE 100000 976497
LESS SAVINGS U/S 80C (Max 100000) : (GPF+CGEIS) 100000 876497
LESS U/S 80D,80DD,80DDB (Mediclame, Handicap,Chronic Disease) 0 876497
LESS Recovery 0 876497
LESS U/S 80G (PM Relief Fund) 0 876497
NET TAXABLE INCOME 876497
Income Tax 164949
Cess 4948
Surcharge (If income > 1000000) 0
Total Tax Payable 169898
[ - ] Tax from Arrear 0

TAX DUE for JAN/FEB 2009

Tax+ Cess Paid upto Dec 2008 from Regular Pay Bills 25000
Tax deducted from Arrear 0
Balance Tax + Cess to be recovered 144898
Tax Cess Total
Balance Recovery (Tax + Cess) pm Jan-09 0 0 0
Feb-09 0 0 144898
 UGC Old BP Rev BP
Old BP Value SET 50 1 8000 15600 1
2 8275 15600 2
3 8550 15910 3
4 8825 16420 4
5 9100 16930 5
6 9375 17440
7 9650 17950
8 9925 18470
9 10200 18980
10 10475 19490
11 10750 20000
12 11025 20510
13 11300 21020
14 11575 21530
15 11850 22050
16 12125 22560
17 12400 23070
18 12675 23580
19 12950 24090
20 13225 24600
21 13500 25110
22 10000 18600
23 10325 19210
24 10650 19810
25 10975 20420
26 11300 21020
27 11625 21630
28 11950 22230
29 12275 22840
30 12600 23440
31 12925 24050
32 13250 24650
33 13575 25250
34 13900 25860
35 14225 26460
36 14550 27070
37 14875 27670
38 15200 28280
39 12000 22600
40 12420 23590
41 12840 24000
42 13260 37400
43 13680 37400
44 14100 38530
45 14520 38530
46 14940 39690
47 15360 39690
48 15780 40890
49 16200 40890
50 16620 42120
51 17040 42120
52 17460 43390
53 17880 43390
54 18300 44700
55 18720 44700
56 19140 46050
57 19560 46050
 GP Incre Month Designation:
10000 1 Jan 1 Assistant Professor
9000 2 Feb 2 Reader/Sr Lecturer
8000 3 Mar 3 Associate Professor
7000 4 Apr 4 Professor
6000 5 May Value Set= 3
6 Jun
7 July
8 Aug
9 Sep
10 Oct
11 Nov
12 Dec
Value Set= 4

HRA/ TPT Opt:

1 Yes
2 No
HRA Velue Set= 1
TPT Value Set= 1
 For Tax Relief under Sec 89(1) for Arrears received during the year 2008-09

Dr Xyz Associate Professor PAN No.: 0

ANNEXURE-I
1. Total net taxable Income excluding Salary received in arrears of previous Fys
2. Salary received in arrears of previous FYs
3. Total income (as increased by salary received in arrears (1)+(2)
4. Tax+Cess on total income (as per item 3)
5. Tax+Cess on total income (as per item 1)
6. Tax+Cess on salary received in arrears of previous FYs (4)-(5) (Refer Table-A below)

TABLE -A
Previous Total Net Taxable Salary received Tax on Total
Total Income for Tax on Total Difference in
Financial Income of relevant in arrears for Income as per
the relevant FY Income as per Tax+Cess
Years year in col (1) relevant FY col (2)
Col (4) (6)-(5)
(1) (2) (3) (4) (5) (6) (7)
2005-06 0
2006-07 0
2007-08 0
Total 0