I have been asked by many senior citizens and people close to their retirement (aged 55 years or more) if they should invest in NPS (National Pension Scheme)? Before November 2017, the maximum age to open NPS account was 60 years and hence senior citizens could not invest. However, PFRDA changed this and has increased […]
Maturity, Partial Withdrawal & Early Exit Rules
The government wants NPS (National Pension Scheme) to be the preferred investment vehicle for pension planning for majority of its citizens. Unfortunately as it happens with most of Government plans, NPS too has flaws which are holding investors back. To encourage investment in NPS, PFRDA (Pension Fund Regulatory and Development Authority) which regulates it have made […]
Calculate Income Tax for Senior Citizen with Salary, Pension & Interest Income (FY 2019-20)
I often get request to calculate income tax for readers and how they can save more tax! It’s not possible for me to calculate it for everyone. So going forward I would pick cases and show how to calculate income tax and if there is scope to save additional tax. Below is the comment I […]
Income Tax Slabs for FY 2019-20 (AY 2020-21) 🤑💰💲💰🤑 Changed in July 2019 Budget
Your income from salary, business or other income like income from fixed/recurring deposits etc are taxed as per income tax slabs. Full Budget 2019 presented on July5, 2019 has made NO changes in the tax slab. The announcement that individuals with income up to Rs 5 Lakh would get full rebate is through Section 87A.  There […]
Download One by One Preparation Automated Income Tax Form 16 Part A&B and Part B For Financial Year 2019-20 ( Modified Format of Form 16 Part B [ As per the CBDT Notification No.36/2019 Dated 12/04/2019
The CBDT has changed the format of Income Tax Form 16 Part B for the Financial Year 2018-19 since the 12 May 2019. Download And Prepare One by One Income Tax Form 16 Part A&B and Part B for f.Y. 2019-20) [This Excel Utility Prepare One by One Form 16 Part A&B and Part B […]
Download Automated All in One TDS on Salary West Bengal Govt Employees for the F.Y. 2019-20 with Automated H.R.A. Exemption Calculator U/s 10(13A) + Automated Revised Form 16 Part B and Form 16 Part A&B
As per the Finance Budget 2019, some Important Income Tax Section and Income Tax Rebate have changed. 1) Income Tax Slab for the Financial Year 2019-20 is Same as Previous F.Y.2018-19 2) Raised the Income Tax Rebate U/s 87A up to Rs. 12,500/- who’s Taxable Income less than 5 Lakh. 3) Raised the Income Tax […]
Download Automated All in One TDS on Salary Govt and Non – Govt Employees for the F.Y. 2019-20 with Automated H.R.A. Exemption Calculator U/s 10(13A) + Automated Revised Form 16 Part B and Form 16 Part A&B + Automated Arrears Relief Calculator U/s 89(1) for F.Y.2019-20
As per the Finance Budget 2019, some Important Income Tax Section and Income Tax Rebate have changed. 1) Income Tax Slab for the Financial Year 2019-20 is Same as Previous F.Y.2018-19 2) Raised the Income Tax Rebate U/s 87A up to Rs. 12,500/- who’s Taxable Income less than 5 Lakh. 3) Raised the Income Tax […]
Download at a time 50 Employees Automated Income Tax Form 16 Part B With Form 12 BA For Financial Year 2019-20 ( Modified Format of Form 16 Part B [ As per the CBDT Notification No.36/2019 Dated 12/04/2019
The CBDT has changed the format of Income Tax Form 16 Part B for the Financial Year 2018-19 since the 12 May 2019. This Format is more explore the employee’s Salary Details. Download And Prepare At a Time 50 Employees Automated Income Tax Form 16 Part B With Form 12 BA (Modified Format) [This Excel […]
Download and Prepare at a time 50 Employees Automated Income Tax Form 16 Part B For Financial Year 2019-20 & Ass Year 2020-21( Modified Format of Form 16 Part B [ As per the CBDT Notification No.36/2019 Dated 12/04/2019
The CBDT has changed the format of Income Tax Form 16 Part B for the Financial Year 2018-19 since the 12 May 2019. This Format is more explore the employee’s Salary Details. Download And Prepare At a Time 50 Employees  Automated Income Tax Form 16 Part B (Modified Format) [This Excel Utility Prepare At a […]
Download and Prepare at a time 100 Employees Automated Income Tax Form 16 Part A&B For Financial Year 2019-20 & Ass Year 2020-21( Modified Format of Form 16 Part B [ As per the CBDT Notification No.36/2019 Dated 12/04/2019
The CBDT has changed the format of Income Tax Form 16 Part B for the Financial Year 2018-19 since the 12 May 2019. This Format is more explore the employee’s Salary Details. Download And Prepare At a Time 100 Employees Automated Income Tax Form 16 Part A&B (Modified Format) [This Excel Utility Prepare At a […]