Calculating personal income tax is an enigma for most salaried persons. Even Albert Einstein admitted, “The hardest thing in the world to understand is the income tax.”
Not any more, find a simple excel based calculator on my blog
PersonalMoney.in which you can download and use to calculate your personal income tax liability. This calculator is based on the Indian Income Tax rules applicable for Financial Year 2008-09 or Assessment Year 2009-10.
Regards
Manish
