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NSC Interest Auto Calculator

I am pleased to upload herewith NSC interest auto calculator.

NSC Accrued Interest Calculation can use only yellow cells
Select Tax Computation Year:
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Purchase between Purchase between Purchase between Purchase between Purchase between Purchase on or
1-Jan-89 to 31-Dec-98 1-Jan-99 to 14-Jan-00 15-Jan-00 to 28-Feb-01 1-Mar-01 to 28-Feb-02 1-Mar-02 to 28-Feb-03 after 1-Mar-03
The year for which [Vide Rule 15(1) of the [Vide Rule 15(2) of the [Vide Rule 15(3) of the [Vide Rule 15(4) of the [Vide Rule 15(5) of the [Vide Rule 15(6) of the
interest accruess NSC (VIII) Issue Rules,1989 NSC (VIII) Issue Rules,1989 NSC (VIII) Issue Rules,1989 NSC (VIII) Issue Rules,1989 NSC (VIII) Issue Rules,1989 NSC (VIII) Issue Rules,1989
12.00% 11.50% 11.00% 9.50% 9.00% 8.00%
First year 12.40 11.83 11.30 9.72 9.20 8.16
Second year 13.90 13.23 12.58 10.67 10.05 8.83
Third year 15.60 14.80 14.00 11.71 10.97 9.55
Fourth year 17.50 16.54 15.58 12.85 11.98 10.33
Fifth year 19.70 18.51 17.35 14.10 13.09 11.17
Sixth year 22.40 20.69 19.31 15.47 14.29 12.08
Interest Total: 111.50 95.60 90.12 74.52 69.59 60.12
NAME :
Certificate No. Date of Purchase Amount Invested Rs Accrued Interest Rs Purchase Year Rate Applied
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
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0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Accrued Interest 0.00
NOTES:
1. Enter details of all NSCs purchased between 1-Apr-2002 and 31-Mar-2008
2. NSCs purchased before or after this date will not accrue the interest for this financial year
3. Entry of certificate number is optional By: Vijaykumar Vyas

 

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Posted by Hrformats - September 26, 2012 at 8:24 AM

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