Google Tag Manager GTM-M3CM5WR

Form 10-IE To Select New or Old Tax Regime U/s 115 BAC For F.Y.2020-21

As per Budget 2020, taxpayers were given an opportunity (option) to choose between the old and new tax regime. In the new tax regime, taxpayers have an opportunity (option) to … Read More

Automated Income Tax Revised Form 16 Part B for the F.Y.2020-21 as per New and Old Tax System U/s 115 BAC

Comprehend the insights regarding the subject Form 16. We will initially examine about what is Form 16, at that point its parts, and its significance. To begin with, what is … Read More

All in One Tax Calculator in Excel for the F.Y.2020-21 with New Section 115 BAC

While under the old tax regime the salaried people can keep covering taxes, as they had been doing work now; under the new regime, they will be obligated to settle … Read More

Benefits of U/s 80GG with Automated Income Tax All in One for the Govt & Non-Govt Employees for the F.Y.2020-21 with New and Old Tax Regime U/s 115 BAC.

Section 80GG is an uncommon arrangement under Chapter VI-A of the Income Tax Act, 1961, which gives tax respite to the individuals who don’t benefit house rent stipend. To get … Read More

Retirement & Income Strategies – Sources of Retirement Income

One’s retirement income may come from many different sources, including: CDs and Savings, Non-Qualified Annuities, Investments and Mutual Funds or Qualified Plans (401(k), IRA, 403(b), etc.) Qualified plans offer a … Read More

Punjab chooses Option-1 to meet the GST implementation shortfall

26 States and all Union Territories with Legislative Assembly have favoured Option-1 Punjab will get Rs.8,359 Crores through special borrowing window to meet the GST implementation shortfall Permission to raise … Read More

6 Cliches About Mutual Funds You Should Avoid

I clearly remember that when I started this blog 10 years back (2009) – regular questions were “what is Mutual Funds or SIP”. But a lot has changed in this … Read More

Automated Income Tax Arrears Relief Calculator U/s 89(1) With Form 10E For the F.Y.2020-21 (Amended Version)

Did you get any advancement salary or arrears of salary? If genuinely, you might be worried about the tax consequences of the same. Should I have to pay taxes on … Read More

How To Report Self-Employment Income At Tax Time

It makes no difference whether you do occasional jobs or work full-time as an independent contractor; current tax laws require that you report this income at tax time. Cash payment … Read More

Should A Senior Citizen Invest In Pradhan Mantri Vaya Vandana Yojana

Pradhan Mantri Vaya Vandana Yojana (PMVVY) was launched a few years back to provide an avenue of income for senior citizens in the country.  It expired in March 2020 but … Read More

error: Content is protected !!