Tag: Automatic Income Tax Calculator all in one for the Govt and Non-Govt Employees for the F.Y.2022-23

Automated Income Tax Preparation All-In-One Excel-Based Software Government and Non-Government Employees for the F.Y. 2022-23

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Introduce 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 with the old tax regime with all tax deductions from the financial year 2021-22 and opt for the new tax regime excluding all tax deductions on income for the financial year previous. As per the budget 2020, a new U/s tax label has been specified under 115BAC, which was introduced in the 2020 budget According to the new article 115BAC (New Tax Regime), there…

See How Much Tax You Can Save in the Fiscal Year 2022-2023 | With automatic income tax filling for government and non-government employees for the fiscal year 2022-23

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See How Much Tax You Can Save in the Fiscal Year 2022-2023| Chapter VI A of the Income Tax Act  contains various subsections of section 80 accordingly, that allows a taxpayer to claim deductions from total gross  income. Therefore, In other words, there are taxpayers who have not yet invested in the financial products needed to save on taxes. If you are one of those who are still undecided on which financial product you can invest in to cut taxes this year, here are some options for you. However, Chapter VI A of the Income…