This is for retired person having interest income from several banks. I want to compute how much interest each deposit will incur so that i can compute the tax implication for each deposit.
Is there any easy software where in i can enter the amount and interest percentage/annum and it will give me how much interest it will fetch for each annum. Suppose i invest for 3 years. I would like how much interest will i get for each year in a tabular fashion so that i know my tax liablity for each year. It will be useful for me - I want to enter all the deposit details and i want total interest earned for each year in each bank. it wil help me.
I tried to use excel how since i am not good at this. I dont mind buying a software/pre-defined excel sheet which will give me all the details.
CAclubindia
