Introduction of new tax regime in the Financial plan 2020, many are not confounded which are the Income Tax Derivations are accessible for them. Let us see the total rundown of Income Tax Allowances F.Y 2020-21 under both old and new tax regime. Tax Planning is a significant piece of financial planning. Be that as […]
Download Automated Income Tax Revised Form 16 with Tax Calculator for the F.Y.2020-21 as per new Section 115 BAC
In Budget 2020 introduced a new Section 115 BAC. In this section you can opt as new Tax Slab or Old Tax Slab which called New and Old Tax Regime. Also a new Form introduced in this Budget 2020 for give your option through this Form 10-IE. You can Opt-in as New Tax Regime with […]
Benefits of U/s 80GG with Automated Income Tax All in One for the Govt & Non-Govt Employees for the F.Y.2020-21 with New and Old Tax Regime U/s 115 BAC.
Section 80GG is an uncommon arrangement under Chapter VI-A of the Income Tax Act, 1961, which gives tax respite to the individuals who don’t benefit house rent stipend. To get qualified for tax derivation under this section, an individual must dwell in a rented property. Besides, his/her manager ought not to give home rent recompense […]
Did you get any advancement salary or arrears of salary? If genuinely, you might be worried about the tax consequences of the same. Should I have to pay taxes on the total taxable amount? Shouldn’t something be said about the tax checks of the prior year, and so forth? Taxpayers who have such requests in […]