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How to calculate GST or Income tax in excel

How to calculate GST or Income tax in excel

How to calculate GST or Income tax in excel

How to calculate GST or Income tax in excel

In this Microsoft Excel blog post, we will show you how you can calculate tax deductions for any amount, and how to remove a tax deduction without having to include any taxes, Whether it is GST or income tax

GST or Income tax formula in excel

  1. Now, first of all, write down the amount you want to calculate tax in column A.
  2. And now write the percentage of tax in column B.
  3. Then apply the Tax Amount Calculator formula in column C, as shown in the picture below.
  4. Then add these two Amounts in Column D You will be presented with the Tax Amount. Also, the formula is shown in the picture below.
  5. And likewise, if you have a with tax amount, the formula for excluding tax is also shown in the picture below, which will make it easier for you to understand.

After understanding this formula, you will have no problem calculating any tax whether it is GST or income tax, usually, in our life, there are two types of taxes. Now, this calculation is now easier for you.
How to calculate GST or Income tax in excel
How to calculate GST or Income tax in excel

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