Tax Planning – How to save income tax in F.Y 2020-21 (AY: 2021-22), With Automated Income Tax Master of Form 16 Part B which can prepare at a time 50 employees Form 16 Part B for the F.Y.2020-21 as per Budget 2020 with New Section 115BAC

Income Tax Form 16

Income Tax Slabs In the Budget 2020 is Introduce a new Section 115 BAC in this Budget 2020, where taxpayers can opt for all the alternative benefits (as in the old tax regime) or opt-in to the new tax regime, where they cannot qualify for the tax exemption. And he’s getting the new tax slab. […]

New Tax System U/s 115BAC Introduced by the Budget 2020 for F.Y.2020-21 With Automated Income Tax Preparation Excel Based Software All in One for Govt & Non-Govt Employees for F.Y.2020-21 as per Budget 2020

The Income Tax Office states that any employee can change the tax structure at the moment of filing the income tax returns. TDS will be adjusted in the same way The Income Tax Office has a mastermind explanation for all people who need to choose new tax pieces The lower income tax rates, as announced […]

One can claim Tax Benefit on both HRA & Home Loan? Download Automated Income Tax Preparation Excel Based software All in One for Non-Govt (Private) Employees for F.Y. 2020-21 as per Budget 2020

Tax Slab for A.Y.2021-22

Would I able to guarantee Tax Benefit for both HRA and Home Loan? – An inquiry which is frequently posed by many citizens. This is for the most part on the grounds that numerous businesses don’t permit both tax cuts together in specific circumstances. Tragically this isn’t the correct activity. Both HRA and Home Loan […]

Tax Saving Investments: How to Save Income Tax? With Automated Income Tax Software in Excel All in One for Govt and Non-Govt Employees for F.Y. 2020-21( Old Tax Regime and New Tax Regime)

Income Tax Form 10E

Tax Saving Investments are a vital piece of one’s life as they offer tax reasoning under the Income Tax section 80C or 80CCC. Attributable to the utility of these ventures, an ever increasing number of individuals regularly need to contribute. Be that as it may, it ought to be considered that the ventures have low […]

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

Income Tax Return

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 […]

INCOME TAX CALCULATION UNDER OLD AND NEW TAX REGIMES FOR F.Y.2020-21 WITH AUTOMATED EXCEL BASED INCOME TAX SOFTWARE ALL IN ONE FOR GOVT & NON-GOVT EMPLOYEES FOR F.Y.2020-21 AS PER THE BUDGET 2020

Income Tax Form 10E

On 13th April 2020, the Central Board of Direct Taxes (CBDT) issued a circular to employers to obtain a declaration from their employees if they wish to opt for the new tax regime. For better understanding, to know the calculation procedure under Old and New tax regimes, and to take the decision whether we can […]