Tag: Download Income Tax Form 16 Part B for the F.Y.2022-23

Tax benefits to the Senior Citizen as per Income Tax Act with Auto Calculate Income Tax Preparation Software All in One in Excel for the Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25

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Senior Citizen

 Tax benefits to the Senior Citizen as per Income Tax Act | These articles discuss the income tax benefits available to senior citizens. A person becomes old under the Income Tax Act after completing 60 years or at least one day. After he reaches the age of 60, old age status gives him relief in that financial year. There are few income tax benefits for the Sr.Citizen. They are listed below: The Sr. Citizens between the ages of 60 to 80 Years and Very senior citizens above 80 Years are granted higher deduction limits than regular taxpayers.…

Old vs. New Income Tax Slab: Salary Is Best for A.Y.2024-25 and checks your tax liability by this Excel Utility for the F.Y.2023-24 and A.Y.2024-25

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TAX BENEFITS

Old vs. New Income Tax Slab – Everyone’s eyes are on the tax slab and the budget. Currently, there are two income tax slabs in the country. There are different provisions in both cases. If a person’s salary is 50 thousand, then how much tax will be deducted from the new or old tax slab? Let us tell you this. Therefore,  Budget 2023: The general budget will be presented on February 1. The fiscal year 202-23 is about to end. This time, people are hoping that the income tax exemption…

Don’t take FD of any amount from any bank, take advantage of these rules and know the trick with Automatic Income Tax Software in Excel for the A.Y.2023-24 & A.Y.2024-25

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Fixed deposit rate – If you are planning to take a fixed deposit ie. FD, you need to know a few things before you invest any money. If you invest in the smart investor’s way, you will not only earn more interest, but you will also get many other benefits. Due to features such as favorable interest rates, low risk of money sinking, and withdrawals whenever you want, fixed deposit is a preferred investment tool by investors. If you invest in FD wisely by understanding the banking rules properly, then…

Old versus new tax scheme according to relevant 2023 budget| With  automatic calculation of Income Tax Arrears Relief Calculator of U/s 89(1) with Form 10E for F.Y 2023-24 and A.Y 2024-25

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Old versus new tax scheme according to relevant 2023 Budget| The Minister of Finance has announced a new tax regime in the 2020 budget, including additional tax brackets and lower tax rates. Many taxpayers had long requested it, but it came with the condition that all deductions and exemptions allowed under the old tax system would be revoked. Moreover, the tax component applicable to the new regime has been changed in the 2023 budget, which is applicable from the financial year 2023-24 (the reference year 2024-25). You may also like:…

Tax benefits of New and Old Tax Regime as per Budget 2023| With Auto Calculate Income Tax Preparation Software All in One in Excel for all the salaried persons for the F.Y.2023-24 & A.Y.2024-25

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Tax benefits of New and Old Tax Regime as per Budget 2023| According to the actual Tax Slab on  your total income found under the old or new tax system, each salaried employee will be subject to tax.  Payroll employees must file income tax returns at the beginning of the 2023-2024 tax year because,  after various deductions, income tax is calculated based on various tax brackets. As a result, tax  planning must begin with the start of a new tax year. Under the new tax system, new income tax slabs…

Tax advantages of a home loan | with Income tax Preparation Software All in One in Excel for the Non-Government Employees for the F.Y.2023-24 and A.Y.2024-25

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 The Income Tax Act of 1961 offers a number of home loan tax deductions and encourages residents to invest in real estate. Home loan borrowers should be aware of all available home loan tax deductions because doing so can allow you to significantly reduce your tax liability. Therefore, These are the tax benefits or income tax deductions on home loans that every home loan borrower should be aware of. Discount when paying the principal of the home loan In other words, The EMI you pay consists of two parts: the principal repayment and the interest…

Download Form 16 for 50 or 100 employees, part A and B or part B for the financial year 2022-23 according to the new and old tax regime U/s 115 BAC

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Download Form 16 for 50 or 100 employees at a time, Part A and B or Part B for Financial Year 2021-22 | In the financial year 2019-20, the CBDT (First Board of Direct Taxes) has amended the Form 16 rule entitled “Payment of TDS authentication”. A unit paid separately to the representative exhausts the tax benefit of that area unit declared by the taxpayer. The validity date of the TDS of pay is indicated and processed immediately. The CBDT has announced that the revamp of module 16 will have…

Download the Excel-based automatic income tax preparation program for government and non-government (private) employees for the tax year 2022-23 for the new and existing tax system

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Download Excel-based automatic income tax preparation software for government and non-government (private) employees for new and existing tax systems for the tax year 2022-23 Finance Minister Nirmala Sitharaman has announced the inclusion of a new provision in the Union Budget for 2020 known as 115BAC in the Income Tax Act. Therefore, The second BAC 115, after the tax year 2020-21, sets a new discretionary income tax structure for Hindu individuals and undivided families (HUF). After that, In other words, Let’s look at the allowances for the new number plates, the eligibility criteria for…

Download form 16 for 50 employees part B, for the financial year 2022-23, and prepare it at once

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 Download Form 16 for 50 employees Part B, for the financial year 2022-23 and prepare it at the same  time. This Excel utility can readily prepare Employee Form 50 16 Part B in the revised format for  Fiscal Year 2022-23 and Assessment Year 2023-24 Download and Prepare at a time 50 Employees Automatic Income Tax Form 16 Part B for the financial year 2022-23 Feature of this excel utility:- 1) This Excel utility can prepare 50 employees at a time, Form 16, Part B, according to the 2022-23 budget 2) This utility can be…

Download and prepare 100 employees at a time Form 16 Part A and B for the fiscal year 2022-23

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Download and prepare for 100 employees at a time Form 16 Part A and B for the 2022-23 fiscal year. This Excel tool can simultaneously prepare a 100-employee form 16 Part B in revised format for the fiscal year 2022-23 and assessment year 2023-24Download & Prepare at a time 100 Employees Income Tax Form 16 Part A&B for the Financial Year .2022-23 Feature of this Excel Utility:- 1) This excel tool can prepare 100 employees Form 16 Part B according to the 2022-23 budget at a time 2) This tool…