Download and Prepare at a time Tax Computed Sheet as per New and Old Tax Regime U/s 115BAC + Automated Arrears Relief Calculator U/s 89(1) with Form 10E + Automated Form 16 Part A and B and Part B + Individual Salary Structure + Individual Salary sheet with Tips for House Rent Allowance: A Tax-Saving Lifeline For Salaried Person

New-Tax-Slab-for-A.Y.2021-22

House Rent Allowance (HRA) is generally considered as a part of the salaried persons and is generally added in the salary structure to help the individual to save taxes. House rent allowance conclusion is given under section 10(13A) of the Personal Tax Act as per Rule 2A of the Annual Tax Rules. In the event […]

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

Income Tax Form 10E

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, […]

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

Income Tax Form 10E

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 […]

Can NPS Tax Benefits entitled in the F.Y.2020 –21? Sec.80CCD(1), 80CCD(2) and 80CCD(1B)? With Automated Income Tax Excel Based Master of Form 16 Part B for the F.Y.2020-21 as per new and Old Tax Regime U/s 115BAC for F.Y.2020-21

Income Tax Form 16

After Budget 2020, what are the NPS tax benefits under Sec-CCD (1), 60 CCD (2) and 60 CCD (1B) and especially if you have chosen a new tax discipline? Let’s understand the changes in detail. Therefore, You all know that the government introduced a new tax system during the 2020 budget. In other words, the […]

Difference between new income tax regime with old tax regime , With Automated Income Tax Software All in One for Non-Govt (Private) Employees for F.Y.2020-21 and A.Y.2021-22 with New Section 115BAC as per Budget 2020

Income Tax Form 10E

Budget 2020 has introduced a new income tax system for individual taxpayers. However, for the option of such discounted duty, the taxpayer will be required to deduct certain specific deductions. These include a standard rebate of Rs 50,000, a rebate of Rs 1.50 lakh under Section 80C and interest on the self-occupied property of Rs […]

How to calculate income tax benefits in a joint home? With Automated Income Tax Preparation Excel Based Software All in One for Non-Govt (Private) Employees for F.Y.2020-21 with New & Old Tax Regime as per Budget 2020

Income Tax Calculator

In the latest budget 2020, the finance minister announced that the limit on tax incentives on interest paid on borrowed funds for self-acquired houses would be increased. If it is in the case of joint ownership, the tax benefit is also doubled. According to the income tax rules, all the joint owners can avail the […]

New Income Tax Regime – Structural Shift in Taxation under Income Tax Act as per the Budget 2020, Structural Shift in Taxation under Income Tax Act as per the Budget 2020 Where you Opt in Old or New?

Income Tax

Honorable Finance Minister (FM) Nirmala Sitaraman in her budget has introduced a new taxation regime under personal taxation. Instead of giving relief to all the Individual & HUF by increasing the tax slabs directly, Budget 2020 have proposed to introduce new section 115BAC in the Income Tax Act 1961 in which Individuals or HUF have […]