Income Tax Exemption U/s 80GG |Under the section, 80 GG, which is for claiming rent paid | Now who can claim tax deduction under Section 80 GG, it is for
EPF vs PPF vs VPF: Employees’ Provident Fund (EPF) and Public Provident Fund (PPF) is viewed as one of the most preferred retirement funds arranged investment choices in India. EPF
Sec 87A Tax Rebate Accessible under New Tax Regime? According to the Finance Bill 2019, the threshold furthest reaches of tax rebate U/s 87A was reconsidered to Rs 12,500 for
It is the most unique question, is NPS deduction can be allowed under the new tax regime? Let’s make out about this topic. In the budget, 2020, you have to
Income Tax Deductions Section 80C F.Y 2020-21 as per New Vs Old Tax Regime Planning of Tax is an indispensable part of a tax. Whether you are a salaried person,
Income Tax Exemption/Deduction Health Insurance U/s 80D for the F.Y 2020-21. NOTE:- AS PER THE INCOME TAX NEW SECTION 115 BAC, INTRODUCED IN BUDGET 2020 AS NEW AND OLD TAX
The standard deduction U/s 16(1a) was reintroduced in the 2018 budget and amended in the 2019 budget, with the aim of replacing medical allowances and travel allowances for salaried employees.
Section 80EEA has been introduced in the July Budget 2019 with the goal of “housing for all”. the Government increased the benefit for the financial year 2019-20. The main purpose
Excel based Income Tax Preparation Software for the F.Y 2020-21–A.Y 2021-22 As per new and old tax regime U/s 115BAC In Budget 2020 introduced two tax systems, somehow benefit certain
Before explaining the deduction of 80C, you know about the new Income Tax Section 115 BAC which introduced in Budget 2020. You have to give an option through new Option
How to calculate your tax for the F.Y.2020-21 as per Income Tax Act. As per the new Budget 2020 introduced a new section 115 BAC, where given two option that
Employers everywhere start receiving the Form 16 during this time of the year. So what is Form 16? Form 16 is a TDS Certificate that contains details of TDS deducted
Consistently, CBDT issues a yearly circular No.20/2020 Dated 03/12/2020 around December/January to direct employers and employees to understand the different standards identifying with TDS on pay rates. The Circular is
Download Automated Income Tax Preparation Excel Based Software All in One for the Government & Non-Government Employees for the Financial Year 2020-21 and Assessment Year 2021-22 U/s 115BAC This Unique
If you get arrears of salary? If genuinely, you might be worried about the tax consequences of the same. Should you have to pay taxes on the total taxable amount?
As per Budget 2020, taxpayers were given an opportunity (option) to choose between the old and new tax regime. In the new tax regime, taxpayers have an opportunity (option) to pay
