Category: Income Tax Software in Excel

All-in-One Income Tax Software in Excel and Simplifying Your Tax Filing Process

Introduction: Income tax is an integral part of our financial responsibilities, and understanding how to effectively manage it can make a significant impact on our financial well-being. Income Tax Section 80C offers individuals the opportunity to save taxes while simultaneously building a strong foundation for their financial future. Therefore,  In this comprehensive guide, we’ll delve into the various aspects […]

Difference between New Tax Regime and Old Tax Regime U/s 115 BAC for the F.Y.2020-21 With Automated Income Tax Revised Form 16 Part A and B for the F.Y.2020-21 and A.Y.2021-22

When a new tax regime was reported in Money Bill, 2020 people got inquisitive and began calling their specialists to ask what tax  regime they ought to pick and what is the new tax regime and is it for everybody or not.  Essentially the new tax regime should apply for FY 2020-21, however, people couldn’t […]

New Income Tax Section 115BAC for the F.Y.2020-21 Should you go for the New Or Old? With Automated Income Tax Preparation Excel Based Software for the Govt and Private Employees for the F.Y.2020-21 with New and Old Tax Regime U/s 115 BAC

From F.Y 2020-21, you can decide to pay income tax under an optional new tax regime. As per Income Tax Section 115 BAC, the new tax regime is allowable for people and HUFs. Poor tax slab has no deductions or exclusions is the key element. Arrangements of the new tax regime are secured under section […]

Download Automated Income Tax Calculator All in One for the Govt and Private Employees for the F.Y.2020-21 and A.Y.2021-22 as per the Budget 2020 with New and Old Tax Regime U/s 115BAC

In Budget 2020 introduced a new Section 115 BAC for the F.Y.2020-21. This Section 115BAC have an option that you can stay in the Old Tax System along with all the Income Tax Exemptions as per the F.Y.2019-20 and you can Opt-in the New Tax Regime Excluding any Exemptions of Income Tax as the previous […]

What is Section 115BAC? Calculate Your Income Tax Labiality As per the new section 115BAC for the F.Y.2020-21 with the Excel Based Tax Calculator All in One for the Govt & Non-Govt Employees for the F.Y.2020-21

Section115BAC is the newly inserted section in the Income Tax Act, 1961 that deals with the new income tax regime. This section and alternate tax regime was introduced in Union Budget 2020 and are applicable to individuals and Hindu Undivided Families (HUFs) only. A key feature of this new regime is that the income tax […]

Automated Income Tax Arrears Relief Calculator From the F.Y.2000-01 to F.Y.2020-21 (Updated) With Major Changes in Income Tax Rules FY 2020-21 (AY 2021-22) & FY 2019-20

As per the rules, every eligible candidate has to file an income tax return. 2020-21  The income tax rules for the new financial year have undergone some major changes. These changes are being followed from 1 April 2020.   As per the rules, every eligible candidate has to file an income tax return. Through the Union Budget, […]

Budget 2020-21: New tax regime for taxpayers, lower rates for people foregoing exemptions With Automated Income Tax Preparation Excel Based Software All in One for Private Employees for the A.Y.2021-22 and F.Y.2020-21

The new tax changed has reduced the income tax rate for new slabs and individual slabs from separate income to Rs 2,000. If any taxpayer chooses the aforesaid exemption and deductions option, then Rs. 15 lakhs per annum. Finance Minister Nirmala on February 1 with the aim of reducing rates and simplifying the structure Sitharaman […]

Automated Income Tax Revised Form 16 Part A&B for the F.Y.2020-21 With Deductions under Chapter VI A of Income Tax Act

Chapter VI of the Income-tax Act contains various sub-sections of Article 70 which allow an assessor to claim exemption from total income. Section VI of the Income-tax Act contains various sub-sections of section 80 which allow an appraiser to claim exemption from gross total income as a result of various tax-saving investments, approved expenditures, grants, […]

Download Auto Calculate Income Tax for the Govt and Non-Govt Employees for the F.Y 2020-21 and A.Y 2021-22 As per New Tax Section 115BAC ( New & Old Tax Regime)

The Finance Minister mentioned in his 2020 budget speech that he had simplified the income tax structure. Unfortunately, this is far from the truth. What has happened is that the budget has given you another option to calculate your taxes. More options mean more complexity. We have come up with an income tax calculator that incorporates both existing […]

Download Excel Based Income Tax Calculator All in One for Govt & Non-Govt (Private) Employees for the F.Y 2020-21 A.Y 2021-22 U/s 115BAC

The finance minister mentioned in his 2020 budget speech that he had simplified the income tax structure. Unfortunately, this is far from the truth. What has happened is that the budget has given you another option to calculate your taxes. More options mean more complexity. New Tax Regime U/s 115BAC We have come up with […]

Back To Top