Income Tax Slabs In the Budget 2020 is Introduce a new Section 115 BAC in this Budget 2020, where taxpayers can opt for all the alternative benefits (as in the old tax regime) or opt-in to the new tax regime, where they cannot qualify for…
The Income Tax Office states that any employee can change the tax structure at the moment of filing the income tax returns. TDS will be adjusted in the same way The Income Tax Office has a mastermind explanation for all people who need to choose…
How to do Income Tax Calculation for FY 2020-21? Which Tax Structure to Choose? Here is the answer to these inquiries! According to Budget 2020, you cannot claim any tax deduction or exception if you plan to opt for a new tax structure. Along these…
In chapter VIA of the income tax act, 1961, the most widely used option to save tax is section 80C. This section allows an individual and HUF to save tax by investing in or spend on certain specified avenues. The maximum limit up to which…
