Non-Taxable Income- Big Update! The Income Tax Department in India does not levy any tax on income earned through other services. But that has different features and limitations. As the deadline for filing income tax returns approaches, it’s important to know. Tax-Free Income: Every income taxpayer is always looking for ways to save on income tax. For this, […]
Senior citizens with only Fixed Deposit income have to file ITR for A.Y 2023- 24 with Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E for the F.Y.2023-24 and A.Y.2024-25
Senior citizens with only Fixed Deposit income have to file ITR for A.Y 2023- 24 | Though Sr. Citizens who still have Fixed Deposit income below the introductory impunity limit don’t have to file an Income tax Return( ITR), they’ve to do so to claim a refund if the bank subtracted TDS from the interest earned on these deposits. The introductory […]
Income Tax Deduction Allowed in the new income tax regime A.Y.2024-25 as per Budget 2023 with Auto Calculate Income Tax Software in Excel for the Non-Govt Employees for the A.Y.2024-25
Income Tax Deduction Allowed in the new income tax regime A.Y.2024-25 as per Budget 2023| A new and optional income tax regime was announced in the Union Budget 2023. Under this new regime, the income tax slab rates have been reduced significantly. However, denomination slab fees come at the expense of traditional income tax deductions that can be […]
Download Auto Calculate Income Tax Preparation Software in Excel for all Salaried Persons for the F.Y.2023-24 and A.Y.2024-25 with Section 80TTA/80TTB- Exemption for interest earned
 Download Auto Calculate Income Tax Preparation Software in Excel for the all Salaried Persons for the F.Y.2023-24 and A.Y.2024-25 Section 80TTA Therefore, Exemption for interest income on savings account After that, Section 80TTA allows HUFs or individuals to claim exemption up to Rs. 10,000 with interest earned in a savings account.  In other words, A deduction is made on […]
Download Automatic Income Tax Preparation Software in Excel for the Govt and Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25 with Income tax reduction under old and new tax regimes
Download Automatic Income Tax Preparation Software in Excel for the Govt and Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25 | Similarly, A tax credit is a tax refund if an individual’s tax liability is less than the tax paid. That is, through the deduction, the individual gets back the entire tax amount at the end of the year. This means that […]
Download Auto Calculate Income Tax Preparation Software in Excel for the Govt and Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25 and Know How to save income tax on your salary?
Download Auto Calculate Income Tax Preparation Software in Excel for the Govt and Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25 | Tax planning for salaried employees is all about planning and discipline. Every salaried employee has some questions in his mind, Therefore, How reduce the Tax on my salary? Why does most of my salary go to […]
Auto Calculate Income Tax Preparation Software in Excel for the Non-Govt (Private or PSU) Employees for the F.Y.2023-24 and A.Y.2024-25 with Tax planning on investments under section 80C.
Auto Calculate Income Tax Preparation Software in Excel for the Non-Govt (Private or PSU) Employees for the F.Y.2023-24 and A.Y.2024-25 | Section 80C of the Income Tax Act of India is a provision that allows individuals to claim deductions on investments and expenses. It is one of the most popular tax-saving options for individuals in India. Section 80C allows taxpayers to reduce their […]
How to file 10E in the new income tax portal? With Auto Calculate Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E from the F.Y.2000-01 to F.Y.2023-24
How do file 10E in the new Income tax portal? Filing income tax returns is an important responsibility for every income earner in India. It is a legal requirement to ensure that the government accurately assesses the tax liability of individuals and to prevent tax evasion. We discuss how to file Form 10E on the new income tax portal. […]
Can you get tax deductions for HR and home loans at the same time? With Automatic Income Tax Preparation Software in Excel for the Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25
Can you get tax deductions for HR and home loans at the same time? House Rent Allowance (HRA) is an allowance provided by employers to cover the cost of rented accommodation. The Income Tax Act allows exemption from HR if the employee lives in a rented house. In addition, the law allows an individual taxpayer to deduct the […]
Tax benefits of the Public Provident Fund (PPF) U/s 80C with Automatic Income Tax Calculator All in One for the Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25 in Excel
A tax benefit of the Public Provident Fund is popular for a Maximum number of individuals who want to earn high but stable returns. Saving the principal amount properly is the main objective of individuals who open a PPF account. Importance of PPF Account Therefore, A mutual fund scheme is ideal for low-risk individuals. This plan provides a guaranteed income […]