Old or new tax regime – What is useful for you as per Budget 2023 | Finance Minister Nirmala Sitharaman presented the last complete budget of the Modi government ahead of next year’s parliamentary elections, scheduled for April-May 2024. The cost of living has increased in recent years, which has increased inflationary pressures. The Union Budget 2023 can add more value to taxpayers […]
Understanding Income Tax Arrears Relief-A Comprehensive Guide| with Auto Calculate Form 10E for the F.Y.2023-24
Understanding Income Tax Arrears Relief: A Comprehensive Guide |In the realm of personal finance and taxation, navigating the intricacies of income tax can often be a daunting task. Therefore, One concept that individuals should be well-informed about is “Income Tax Arrears Relief.” This article aims to shed light on what income tax arrears relief entails, its significance, and how […]
U/s 80GG – Tax benefits on paid house rent for self-employed persons| With Income Tax Auto Calculate Arrears Relief Calculator U/s 89(1) from the F.Y.2000-01 to F.Y.2023-24
U/s 80GG – Tax benefits on paid house rent for self-employed persons. When it comes to tax deductions for people living in rented properties, there is good news for both salaried and self- employed people. While salaried taxpayers can claim a tax credit exemption (HRA), self-employed individuals are also subject to the tax exemption provision. Let’s explore […]
Download Auto Calculate and Automatic Income Tax Preparation Software in Excel for the Govt and Non-Govt Employees for the F.Y.2023-24 with Benefits to New Tax Regime U/s 115 BAC for the F.Y.2023-24 as per Budget 2023
Download Auto Calculate and Automatic Income Tax Preparation Software in Excel for the Govt and Non-Govt Employees for the F.Y.2023-24 with Benefits to New Tax Regime U/s 115 BAC for the F.Y.2023-24 as per Budget 2023 |The Finance Bill 2023, presented by Mr. FM on February 1, 2023, proposes changes in the area of Personal Taxation to make the new 115BAC personal […]
Section 87A allowed the New Tax Regime up to Rs.25000/- as per Budget 2023| With Auto Calculate Income Tax Preparation Software in Excel for the Non-Govt(Private) Employees for the F.Y.2023-24 and A.Y.2024-25 as per Budget 2023
Section 87A allowed the New Tax Regime up to Rs.25000/- whose taxable Income is not above 7 Lakh as per Budget2023| If your taxable income is less than Rs 5 lakh in tax year 2022-23 (accounting year 2023-24), Therefore, you may be eligible for a tax rebate under Section 87A of the Tax Act of Income of 1961. This reduction can […]
Some major changes in the New Income Tax Regime for the F.Y.2023-24 and A.Y.2024-25 as per Budget 2023|With Auto Calculate and Auto Income Tax Preparation Software in Excel for the Non-Govt Employees for the F.Y.2023-24 and A.Y.2024
Some major changes in the New Income Tax Regime for the F.Y.2023-24 and A.Y.2024-25 as per Budget 2023|From April 1, 2023, the new fiscal year 2023-24 will begin. Union Finance Minister Nirmala Sitharaman’s Budget announcements will come into effect from April 1. Therefore, Here’s a brief overview of the income tax changes that will affect taxpayers in 2023-24. 1. In […]
What is the new tax regime for the F.Y.2023-24 and A.Y.2024-25 with Auto Calculate Income Tax Preparation Excel-Based Software All in One for the Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25
The central government introduced a new tax regime with concessional tax rates under the section 115BAC in the 2020 budget. Therefore, In the income tax regime of UnionBudget 2023, the government has made the following important changes for the financial year (F.Y) 2023-24: Therefore, Complete exemption from income tax up to Rs. 7 lakhs has been provided under […]
Tax Exemption as per the old tax regime for the F.Y.2023-24 and A.Y.2024-25 with Auto Calculate Income Tax Preparation Software All in One for the Non-Govt Employees for the F.Y.2023-24
Tax Exemptions as per old tax regime for the F.Y.2023-24 and A.Y.2024-25 | When it comes to tax planning, deductions under Section 80C, 80CCC, 80CCD, and 80D are some of the most popular options for tax savings. These deductions allow taxpayers to reduce their tax base by investing in various financial instruments and insurance policies. You may also Download – Automated […]
What is the new tax regime for the F.Y.2023-24 and A.Y.2024-25 with Auto Calculate Income Tax Preparation Excel-Based Software All in One for the Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25
The central government introduced a new tax regime with concessional tax rates under the section 115BAC in the 2020 budget. Therefore, In the income tax regime of UnionBudget 2023, the government has made the following important changes for the financial year (F.Y) 2023-24: Therefore, Complete exemption from income tax up to Rs. 7 lakhs has been provided under […]
Income Tax Exemption from income on salary with Auto Calculated Income Tax Preparation Software in Excel for the Government and Non-Government Employees for the F.Y.2023-24 and A.Y.2024-25 as per Budget 2023
Income Tax Exemption from Income on Salary |Housing Allowance-HRA [Section 10(13A) and Rule 2A]. Prescribed special grants which are exempt to some extent – Section 10(14). Entertainment exemption, Exemption in case of certain individuals You may also like-Download and Prepare at a time 50 Employees Form 16 Part B for the Financial Year 2022-23 Therefore, Grants that are fully […]