Download Automated Arrears Relief Exemption Calculator U/s 89(1) Income Tax With Form 10 E | Article 89 comes into force when the salary/annuity or other parts are paid sooner or  later. As explained in Section 89, if you simply receive your salary in cash or in advance during the budget year because your total income for that […]
All-in-One Automated Income Tax Preparation Excel-Based Software Government and Non-Government Employees for the F.Y. 2022-23 under New and Old Tax Regime U/s 115BAC
Include a new section 115 BAC in the 2020 budget for the fiscal year 2022-23. This section 115BAC contains an option that allows you to continue the old tax regime with all income tax exemptions as of the financial year 2021-22 and opt for a new tax regime except for all tax exemptions on the income as  in the […]
Automatic Income Tax Salary Arrears Relief Calculator in Excel for the F.Y.2021-22.
Automatic Income Tax Salary Arrears Relief Calculator in Excel for the F.Y.2021-22.By what means can income tax relief be obtained from any arrears of salary from the previous year? Provided that the tax consequences of the equivalent can be asserted. Would it be a good idea for me to pay taxes on the total tax base? Shouldn’t […]
What is the Interest Income is Exempt for Senior Citizens and Individuals in Income Tax? With Automated Income Tax Salary Arrears Relief Calculator U/s 89(1) with Form 10E from the F.Y.2000-01 to F.Y.2020-21 (Updated Version)
IntroductionThe Savings Bank Interest earns is the amount paid to an entity for lending its money or letting another entity use its funds. On a bigger scale, interest income is the amount earned by an investor’s money that he places in an investment or project. Such income is usually taxable, however, the Income Tax gives […]
Deduction for Medical Insurance Premium Under Section 80D With Automated Income Tax Calculator All in One TDS on Salary for Non-Govt Employees for F.Y. 2019-20 ( Including Old and New Tax Regime as per Budget 2020]
Deduction for Medical Insurance Premium Under Section 80D. Section 80D gives deduction to an individual or a Hindu unified family towards medical insurance premium and preventive health registration or commitment to Focal Government Health Plan (CGHS) or any plan told by the Focal Government on the health of the assessee, his family, guardians or individuals […]
It is the first time of Income tax Act that you can Opt in Old Tax Slab and all Exemptions (Old Regime) Or New amended Tax Slab but without any exemptions ( New Regime) New Section 115BAC in the Act provide by the Budget 2020 for reduce the Tax Burden
Incentives to Individual and HUF.In line with options provided to domestic companies under the TLAA and proposed to be provided to resident co-operative societies under this Bill, it is also proposed to provide similar option to individual and HUF by insertion of section 115BAC in the Act, which provides the following:- (i) Therefore, On satisfaction […]
Prepare One by One Preparation Automated Income Tax Form 16 Part B and Part A&B For F.Y.2019-20
[ad_1] 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 One by One  Automated Income Tax Form 16 Part B and Part A&B (Modified Format) [This Excel Utility Prepare […]
Instant PAN through Aadhaar Card – How to apply for instant PAN?
[ad_1] Income Tax haslaunched the facility of issuing Instant PAN card through Aadhaar. Thisfacility is free and available on the Income Tax e-filing website. It is acompletely paperless process with the issuance of e-PAN card nearly real-time.The e-PAN card issue via this method holds similar value as a physical PANcard. This card contains a QR […]
Instant PAN through Aadhaar Card – How to apply for instant PAN?
[ad_1] Income Tax has launched the facility of issuing Instant PAN card through Aadhaar. Therefore, this facility is free and available on the Income Tax e-filing website. It is a completely paperless process with the issuance of e-PAN card nearly real-time. The e-PAN card issue via this method holds similar value as a physical PAN […]
India Govt gives permitted for Aadhaar-Voter ID linking
[ad_1] Aadhaar-Voter ID linking process gets the Modi government permitted. The Union Law Ministry has given its approval for Aadhaar Card Voter ID linking process, a proposal put forwarded by the Election Commission of India (ECI). The poll watchdog sought legal powers to resume the process of linking of 12-digit Aadhaar numbers with Voter ID. […]