As per the Budget 2019 the major changes of Income Tax for F.Y. 2019-20 Increased Tax Rebate u.S.87A: While making the budget speech, Finance Minister said that human beings with taxable profits of Rs 5 lakh might get complete tax rebate. Many people notion that he has changed the tax slab. But once the Budget document changed into out, the change was made in the Section 87A. From FY 2019-20 for individuals with taxable profits of Rs 5 lakh or much less the tax rebate might be lesser of tax…
Tag: Income Tax Rebate U/s 87A Rs. 40000/-
Main modifications in Income Tax Rules from April 1, 2019 With Automated Income Tax Master of Form 16 Part A&B for F.Y. 2019-20
As per the Budget 2019 the major changes of Income Tax for F.Y. 2019-20 Increased Tax Rebate u.S.87A: While making the budget speech, Finance Minister said that human beings with taxable profits of Rs 5 lakh might get complete tax rebate. Many people notion that he has changed the tax slab. But once the Budget document changed into out, the change was made in the Section 87A. From FY 2019-20 for individuals with taxable profits of Rs 5 lakh or much less the tax rebate might be lesser of tax…