IT IncomeTax Softwares 2026 Updated Latest Calculation Excel Softwares Download for AP, TG Teachers, Employees IT Calculation Software 2026-27 AY
Income Tax Software Financial Year 2025-2026 Assessment Year 2026-2027
Income Tax Calculation for FY 2025-2026 and AY 2025-2026
New tax regime income tax slab rates for FY 2026-27 (AY 2027-28)
Under the new tax regime, individuals with income up to Rs. 12 lakh continue to enjoy complete tax exemption, making this structure highly beneficial for middle-income taxpayers. For salaried individuals, the tax-free limit extends further to Rs. 12.75 lakh, after factoring in the Rs. 75,000 standard deduction.
(a) No deduction is allowed except a few i.e., Standard Deduction of Rs.75,000/- Retirement Benefits (u/s.10), Pension contribution for NPS 80CCD (2), & rebate u/s.87A upto 60,000 if income does not exceed 12 lakhs, Transport allowance (PHC) (u/s.10).
(b) LTC, Children Education Allowance etc. are also taxable. In respect of self-occupied House property, deductions against interest on housing loan paid & set off the loss from house property from salary income is also not allowed.
(c) Let Out Property: If you have let out house property, you can claim a deduction for interest paid on the housing loan. New tax regime restricts the deduction to the taxable rent received from the property.
(d) Loss arising due to excess interest paid over rental income not allowed under new regime. Carry forward of house property loss to set off in future years not allowed.
New tax regime income tax slab rates for FY 2026-27 (AY 2027-28)
| Income Slab (₹) | Tax Rate |
| Up to 4,00,000 | Nil (0%) |
| 4,00,001 – 8,00,000 | 5% |
| 8,00,001 – 12,00,000 | 10% |
| 12,00,001 – 16,00,000 | 15% |
| 16,00,001 – 20,00,000 | 20% |
| 20,00,001 – 24,00,000 | 25% |
| Above 24,00,000 | 30% |
| Individuals get a ₹75,000 standard deduction, further reducing taxable income. Due to the Section 87A rebate, no tax is payable if taxable income does not exceed ₹12 lakh. | |
Key Highlights & Benefits
- Zero Tax Threshold: Due to the Section 87A rebate, no tax is payable if taxable income does not exceed ₹12 lakh.
- Effective Tax-Free Limit: For salaried employees, factoring in the ₹75,000 standard deduction, income up to ₹12.75 lakh becomes effectively tax-free.
- Standard Deduction: Increased to ₹75,000 for salaried employees and pensioners.
- Family Pension Deduction: Increased to ₹25,000.
- Marginal Relief: Available for taxpayers with income slightly above ₹12 lakh, mitigating the abrupt loss of rebate.
- The new tax regime remains the default option, offering lower rates but fewer exemptions compared to the old regime.
Old Tax Regime Slab Rate FY 2025-26
| Income Slab (₹) | Tax Rate |
| Up to ₹2,50,000 | Nil |
| ₹2,50,001 – ₹5,00,000 | 5% |
| ₹5,00,001 – ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Note : Up to Rs. 5 Lakh Tax rebate up to Rs.12,500 is applicable for resident individuals if the total income does not exceed Rs 5,00,000 (not applicable for NRIs. )
Key Points:
- Basic Exemption: ₹2.5 Lakhs (higher for senior/super senior citizens).
- Rebate: Tax rebate under Section 87A for income up to ₹5 Lakhs (tax reduced to ₹12,500, making tax nil).
- Deductions: Offers numerous exemptions and deductions (like HRA, LTA, Section 80C, etc.) that lower taxable income.
- Default Regime: The New Tax Regime is now the default, but you can still choose the Old Regime.
INCOME TAX SOFTWARE FY 2025-2026 , A.YEAR 2026-2027 FOR AP &TELANGANA
KSS Prasad AP Govt. Employees Income Tax Software FY:2025-26, AP, Telangana Income Tax Software by KSS Prasad for the financial year FY:2025-26 (AY:2026-27) This Income Tax Software is in Microsoft Excel and it is compatible for all versions. He has done great effort in preparing Income Tax Software on par with Seshadri Income Tax Software both in MS Excel and Online Income Tax Calculator, Ramanjaneyulu Income Tax Software. KSS Prasad Income Tax Software included Data Sheet, Annexure-I(Salary Sheet), Annexure(Income Tax Calculation Sheets along with deductions 80C, 80CCD) and beyond the 80C deductions.
Income Tax Software FY 2025-2026 ( AY 2026-2027)
2. Putta IT Software 2026 / IT Software(TS, AP New)
4. B Srinivasa Chary IT Software 2026(TS + AP)
Pensioners (Retired Employees) IT Software (Putta Srinivas Reddy)
Income Tax Excel Softwares 2026
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S.NO. |
INCOME TAX SOFTWARE |
DOWNLOAD |
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1 |
IT Software 2025-26 for AP & Telangana for AY 2026-27 |
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2 |
KSS Prasad Income Tax Software FY 2025-26 |
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3 |
Putta Srinivas Reddy Income Tax Software FY 2025-26 |
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4 |
Kota Vijay Kumar medakbadi Income Tax Software FY 2025-26 |
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5 |
Zaheeruddin STO, Kakinada IT Software FY 2025-26 |
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6 |
C.Ramanjaneyulu Income Tax Software FY 2025-26 |
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B.Srinivasa Chary Income Tax Software FY 2025-26 |
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8 |
Seshadri Income Tax Software FY 2025-26 |
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9 |
Ramzan Ali Income Tax Software FY 2025-26 |
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10 |
Mobile Version Income Tax Software FY 2025-26 |
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11 |
Model School Teachers (APMS IT) Software FY 2025-26 |
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12 |
DSC Wise Teachers IT Calculation Tables 2025-26 for AP, TS |
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13 |
IT Softwares 2025-26 AP TS Teachers, Employees with PRC Arrears |
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14 |
AP Employee Online Salary Details, Online Employee Pay Details |
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15 |
TS Employees, Teachers Pay details, Month wise Salary Statement |
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16 |
Telangana Employees Salary certificate |
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17 |
How to Download SBI Home Loan Statement Interest and Principal |
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18 |
How to Get LIC Premium Statements for Income Tax Purpose |
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19 |
How to Pay PLI ( Postal Life Insurance ) Premium Online |
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20 |
Tax Rebate u/s 87A Income Tax Exemption Guide |
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21 |
Income Tax Slab Rates and Deductions Analysis for FY 2025-26 |
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22 |
How to do Income Tax E-Filing Online Step by Step Process |
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23 |
Income Tax e-Filing Processed (Confirmed) OR Not? Check Here |
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80C & 80CCE- Maximum Exemption up to Rs.150000
Investments up to Rs.1.5 lac in PF, VPF, PPF, Employee contribution in NPS,Insurance Premium, Housing loan principal repayment, NSC, ELSS, long term bank Fixed Deposit, Post Office Term Deposit, etc. are deductible from the taxable income. There is no limit on individual items, (for example) all 1 lac can be invested in NSC or PPF etc.
- Provident Fund (PF) & Voluntary Provident Fund (VPF)
- Postal Life Insurance ( PLI )
- APGLI / TGLI
- Life Insurance Premiums
- Unit linked Insurance Plan
- Public Provident Fund (PPF)
- National Savings Certificate (NSC)
- Home Loan Principal Repayment & Stamp Duty and Registration
- Tuition fees for Two children
- Equity Linked Savings Scheme (ELSS)
- 5-Yr bank fixed deposits (FDs)
- Pension Funds or Pension Policies – Section 80CCC
- Infrastructure Bonds
- NABARD rural bonds
- Senior Citizen Savings Scheme 2004 (SCSS )
Income Tax Deductions Section wise Details below :
Income Tax Deductions Section wise Details below :
| Section | Deduction on | FY 2019-20 |
| 80CC | For amount deposited in annuity plan of LIC or any other insurer for pension from a fund referred to in Section 10(23AAB). | – |
| 80CCD(1) | Employee’s contribution to NPS account (maximum up to Rs 1,50,000) | – |
| 80CCD(2) | Employer’s contribution to NPS account | Maximum up to 10% of salary |
| 80CCD(1B) | Additional contribution to NPS | Rs. 50,000 |
| 80TTA(1) | Interest Income from Savings account | Maximum up to 10,000 |
| 80GG | For rent paid when HRA is not received from employer | Least of rent paid minus 10% of total income Rs. 5000/- per month 25% of total income |
| 80E | Interest on education loan | Interest paid for a period of 8 years |
| 80EE | Interest on home loan for first time home owners | Rs 50,000 |
| 80CCG | Rajiv Gandhi Equity Scheme for investments in Equities | Lower of – 50% of amount invested in equity shares or Rs 25,000 |
| 80D | Medical Insurance – Self, spouse, children Medical Insurance – Parents more than 60 years old or (from FY 2015-16) uninsured parents more than 80 years old |
Rs. 25,000 Rs. 30,000 |
| 80DD |
Medical treatment for handicapped dependant or payment to specified scheme for maintenance of handicapped dependant
Disability is 40% or more but less than 80% Disability is 80% or more |
Rs. 75,000 Rs. 1,25,000 |
| 80DDB |
Medical Expenditure on Self or Dependent Relative for diseases specified in Rule 11DD
For less than 60 years old For more than 60 years old For more than 80 years old |
Lower of Rs 40,000 or the amount actually paid Lower of Rs 60,000 or the amount actually paid Lower of Rs 80,000 or the amount actually paid |
| 80U |
Self suffering from disability:
Individual suffering from a physical disability (including blindness) or mental retardation. Individual suffering from severe disability |
Rs. 75,000 Rs. 1,25,000 |
| 80GGB | Contribution by companies to political parties | Amount contributed (not allowed in cash) |
| 80GGC | Contribution by individuals to political parties | Amount contributed (not allowed in cash) |
| 80RRB | Deductions on Income by way of Royalty of a Patent | Lower of Rs 3,00,000 or income received |
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IT 2019-20
2. Putta IT Software 2019-20 / IT Software (TS New)
Putta IT Software 2019-20 / IT Software (AP New)
3. C.Ramanjaneyulu IT Software 2019-20
(Updated ) ( AP, TS )
4. K Vijay Kumar ITSoftware 2019-20 (AP)
K Vijay Kumar ITSoftware 2019-20 (TS)
5. B Srinivasa Chary IT Software 2019-20 (TS + AP)
6. Seshadri Income Tax Software FY 2019-20(TS + AP)
7. IT Software for APModel Schools – Ch Venkata Ramana Muthy
8. IT Software for FY:2019-20 by K.Sanyasi Naidu(Vizag)
IT Excel Softwares & CALICULATOR 2019-20 :
# INCOME TAX SGT DSC Wise DSC 1989, 1996, 1998,2000,2001 2002, 2003, 2006, 2008, 2012 Model IT Calculations
# INCOME TAX DSC Wise DSC 2006, 2008, 2012 Model IT Software
Read : Income Tax Slab Rates and Deductions for the Financial Year 2019-20 (AY 2019-20)
Tags: IT Software 2025-26 For (Andhra Pradesh) AP , (Telangana) TS Teachers and Staff (Employees). It is To Help To Advance Tax To all Irrespective all Ages.Income tax software FY 2025-26 ,PRC Fixation, AAS Software, Pay Bills, supplementary bills other important proceedings and softwares.
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