Major Changes in Income Tax Rules FY 2020-21 (AY 2021-22) & FY 2019-20 Along with the Automated Income Tax Preparation Excel Based Software All in One for the Govt & Non-Govt Employees for the F.Y.2020-21 & A.Y.2021-22 With New and Old Tax Regime U/s 115BAC as per Budget 2020
The income Tax return has to be filed by each eligible candidate as per rules and regulations. The income tax rules for the new financial year 2020-21 have undergone some major changes. Since April 1, 2020, these changes are being followed. Income tax return has to be filed by each eligible candidate as per rules […]
Automated Income Tax Arrears Relief Calculator From the F.Y.2000-01 to F.Y.2020-21 (Updated) With Major Changes in Income Tax Rules FY 2020-21 (AY 2021-22) & FY 2019-20
As per the rules, every eligible candidate has to file an income tax return. 2020-21 The income tax rules for the new financial year have undergone some major changes. These changes are being followed from 1 April 2020. As per the rules, every eligible candidate has to file an income tax return. Through the Union Budget, […]
Budget 2020-21: New tax regime for taxpayers, lower rates for people foregoing exemptions With Automated Income Tax Preparation Excel Based Software All in One for Private Employees for the A.Y.2021-22 and F.Y.2020-21
The new tax changed has reduced the income tax rate for new slabs and individual slabs from separate income to Rs 2,000. If any taxpayer chooses the aforesaid exemption and deductions option, then Rs. 15 lakhs per annum. Finance Minister Nirmala on February 1 with the aim of reducing rates and simplifying the structure Sitharaman […]
Automated Income Tax Revised Form 16 Part A&B for the F.Y.2020-21 With Deductions under Chapter VI A of Income Tax Act
Chapter VI of the Income-tax Act contains various sub-sections of Article 70 which allow an assessor to claim exemption from total income. Section VI of the Income-tax Act contains various sub-sections of section 80 which allow an appraiser to claim exemption from gross total income as a result of various tax-saving investments, approved expenditures, grants, […]
Download Auto Calculate Income Tax for the Govt and Non-Govt Employees for the F.Y 2020-21 and A.Y 2021-22 As per New Tax Section 115BAC ( New & Old Tax Regime)
The Finance Minister mentioned in his 2020 budget speech that he had simplified the income tax structure. Unfortunately, this is far from the truth. What has happened is that the budget has given you another option to calculate your taxes. More options mean more complexity. We have come up with an income tax calculator that incorporates both existing […]
Download Excel Based Income Tax Calculator All in One for Govt & Non-Govt (Private) Employees for the F.Y 2020-21 A.Y 2021-22 U/s 115BAC
The finance minister mentioned in his 2020 budget speech that he had simplified the income tax structure. Unfortunately, this is far from the truth. What has happened is that the budget has given you another option to calculate your taxes. More options mean more complexity. New Tax Regime U/s 115BAC We have come up with […]
Download Auto Calculate Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E from the F.Y.2000-01 to F.Y.2020-21 (Updated Version) and know how to claim relief under section 89(1) on salary arrears
The amount paid as head of salary arrears of employment, have you considered tax deduction under section 89 (1) on salary arrears: no, Most of us do not know what relief is under 89. Most employees call it “relief89“ Now make out “How to calculate income tax on arrears of salary U/s 89(1)”. What relief […]
Automated Income Tax Preparation Excel Based Software All in One for Non-Govt(Private) Employees for the F.Y.2020-21 With New Tax System New and Old Tax Regime U/s 115BAC as per Budget 2020
Planning for your income tax or calculating your income tax liabilities seems like a very difficult task to many of us. If you believe in this myth then surely the 2020 the budget of money will prove you wrong. As with the 2020 budget, to add salt to the injury, you need to not only manage your […]
Download Automated Income Tax Preparation Excel Based Software All in One for the Govt and Non-Govt(Private) Employees for the F.Y.2020-21 and A.Y.2021-22 as per new Income Tax Section 115BAC ( New and Old Tax Regime) as per Budget 2020
Budget 2020, brings two tax systems, somehow benefit certain income taxpayers and pull additional taxes on certain taxpayers. The choice is yours from middle-class taxpayers. This Excel-based income tax calculator can be used to calculate income tax on income from salaries, pensions, gifts, fixed deposits, and bank interest and you will get the results according […]
Download Automated Income Tax Preparation Excel Based Software Revised Master of Form 16 for the F.Y.2020-21 With Income tax slab F.Y. 2020-21 and New introduce Tax Section 115BAC (New & Old Tax Regime)
Under the new tax rates as per the Budget 2020, there will be as given below:- 1) 10% tax required for incomes between 5 Lakh to 7.5 lakh per annum, 2) 15% for 7.5 Lakh to 10 lakh for every annum 3) 20% for 10 Lakh to 12.5 lakh per annum, 4) 25% tax for […]