As per the Finance Budget 2019, some Important Income Tax Section and Income Tax Rebate have changed. 1) Income Tax Slab for the Financial Year 2019-20 is Same as Previous F.Y.2018-19 2) Raised the Income Tax Rebate U/s 87A up to Rs. 12,500/- who’s Taxable Income less than 5 Lakh. 3) Raised the Income Tax Standard Deduction U/s16(ia) from Rs. 40,000/- to 50,000/- 4) Raised the Tax Exemption from the Bank/Post Office Savings Interest from 10,000/- to 50,000/- 5) Introduce New Section 80EEA for New Home Loan Interest Rs.1.5 Lakh.…
Tag: H.R.A. Exemption Calculator U/s 10(13A)
Download Automated Excel Based Software All in One TDS on Salary for West Bengal Govt Employees for F.Y.2019-20
As per the Finance Budget 2019, some Important Income Tax Section and Income Tax Rebate have changed. The Major modification including the Income Tax Slab Rate for the F.Y. 2019-20 is given below. 1) Income Tax Slab for the Financial Year 2019-20 is Same as Previous F.Y.2018-19 2) Raised the Income Tax Rebate U/s 87A up to Rs. 12,500/- who’s Taxable Income less than 5 Lakh. 3) Raised the Income Tax Standard Deduction U/s16(ia) from Rs. 40,000/- to 50,000/- 4) Raised the Tax Exemption from the Bank/Post Office Savings Interest…
What is the Maximum Income Tax You can Save for FY 2018-19? With Automated Excel Based TDS on Salary All in One for Govt & Govt Employees for F.Y. 2019-20
Tax Sections Description Maximum Tax Exemption Limit (Rs.)180C/ 80CCC/ 80CCD Investment in EPF, ELSS, PPF, FD, NPS, NSC, Pension Plans, Life Insurance, SCSS, SSA and NPS. Also includes Home Loan Principal repayment, Tuition Fees, Stamp Duty. Best Tax Saving Investments u/s 80C 150,000/- 80CCD(1B)Investment in NPS : Additional deduction Rs. 50,000/- out of U/s 80C You can requirement requirement Tax Benefit on both HRA & Home Loan 80E Interest paid on Education Loan. No Limit – Rs 50,000 is just an unsupportable value DownloadAll in One TDS on Salary for…
Download Automated All in One TDS on Salary Non-Govt Employees for the F.Y. 2019-20 with Automated H.R.A. Exemption Calculator U/s 10(13A) + Automated Revised Form 16 Part B and Form 16 Part A&B + Automated Value of Perquisite Calculator with Form 12 BA.
As per the Finance Budget 2019, some Important Income Tax Section and Income Tax Rebate have changed. The Major modification including the Income Tax Slab Rate for the F.Y. 2019-20 is given below. 1) Income Tax Slab for the Financial Year 2019-20 is Same as Previous F.Y.2018-19 2) Raised the Income Tax Rebate U/s 87A up to Rs. 12,500/- who’s Taxable Income less than 5 Lakh. 3) Raised the Income Tax Standard Deduction U/s16(ia) from Rs. 40,000/- to 50,000/- 4) Raised the Tax Exemption from the Bank/Post Office Savings Interest…