All about Income Tax Form 16 | With Auto Calculate Income Tax Form 16 for the F.Y.2021-22
All about Income Tax Form 16| Form 16 has all the details about the TDS deduction from your paycheck and is submitted to the government by the employer. Therefore, Form 16 is a commonly used income tax-related document in India, which is used when filing ITR. Form 16 is required financial documentation to apply for your ITR. Therefore, […]
Income tax exemptions under head salary| With Auto Calculate Income Tax Arrears Relief Calculator U/s 89(1) with Form 10 E for the F.Y.2022-23
Income tax exemptions under head salary | Income tax exemption below Rs.2.5 Lakh | Salary-Based Income Tax Exemption Individuals who choose to tax income under the new tax regime will not be able to take advantage of some of the popular exemptions under the Income Tax Act, 1961. For the new tax system U/s 115 […]
Section 80D – Health Insurance – Applicability, Discounts and Policies | With Automatic Income Tax Calculator for Government and Non-Government Employees Fiscal Year 2022-23 as per Budget 2022
Section 80D – Health Insurance – Applicability, Discounts and Policies | Medical emergencies always surprise us. It’s always better to be safe than sorry, and it’s no different from health insurance. Therefore, Most residents in India are not covered by health insurance and rely on their savings or loans in case of a medical emergency. In other words, A must […]
Income Tax Section 80GG | With Automated Income Tax Preparation Excel Based Software All in One for the Non-Govt Employees for F.Y.2021-22
Section 80GG of the Income Tax Act provides a deduction for renting a home under certain conditions . Some of these involve being a Hindu individual or undivided family (HUF), being self-employed or salaried, etc. Therefore, One of the most important tax deductions available to us is house rent. This is covered by section 80GG of the […]