Category: Income Tax Calculator for the Bihar State Employees

Income Tax benefits from Medical Insurance U/s 80 D | With Automatic Income Tax Preparation Software in Excel for the Govt & Non-Govt Employees and Master of Form 16 Part B for the F.Y.2021-22

 Income Tax benefits from Medical Insurance U/s 80 D | The Income Tax Act, 1961, allows personal  income tax deduction by reducing the amount of tax payable. It is important to know the relevant  sections to make the most of these deductions. Therefore, What is section 80D?  In other words, Section 80D of the Income Tax […]

Income tax deduction for salaried employees| With Automatic Income Tax Preparation Excel Based Software in Excel All in One for the Govt and Non-Govt Employees for F.Y.2021-22

Income tax deduction for salaried employees, When the overall taxpayers in the country are assessed, the salaried individuals make up a significant portion of it. And, their contribution to tax collection is considerable. With this in mind, the rules of the  income tax deduction for salaried employees provide various opportunities for tax protection. With these discounts and deductions, you can […]

Income tax Section 80GG for House Rent Paid. With Automatic Income Tax Preparation Software in Excel for the Non-Govt Employees for the F.Y.21-22

 For most employees, home rent allowance (HRA) as part of their salary income. However, some small and medium-sized companies can pay a single amount of money to employees without separation. For a hired employee, in order to claim deductions, HRA should be part of his salary income. However, the Income Tax Act 1961 provides for a deduction in respect of […]

Download Auto-fill Income Tax Salary Arrears Relief Calculator U/s 89(1) with Form 10 E for F.Y. 2021-22 and details of U/s 80TTA

Download Auto-fill Income Tax Salary Arrears Relief Calculator U/s 89(1) with Form 10 E for F.Y. 2021-22 and details of U/s 80TTA What is Section 80TTA? Section 80TTA of the Income Tax Act provides a rebate for interest income. Discounts are available with some limitations and restrictions. In this article, we have covered everything related to claiming tax […]

When senior citizens are not required to file their ITR? With Automated Income Tax Software All in One for the Andhra Pradesh State Employees for F.Y.2020-21 as per U/s 115 BAC.

In India, the bulk of Senior Citizen faces financial hardship in adulthood as most of them aren’t during a position to earn their livelihood. Their savings, if any, aren’t enough to satisfy their day to day, particularly the medical expenses. Senior Citizen with good net-worth value is in search of excellent short-term financial getting to […]

What is the deduction under section 80TTA? With Automated Income Tax Preparation Excel Based Software All in One for the Govt and Non-Govt Employees for the F.Y.2020-21

It is noted that this Exemption entitled to the taxpayers who are opt-in the Old Tax Regime U/s 115BAC Introduced in Budget 2020 The Unique Section 80TTA provides a deduction of Rs 10,000/- on the interest income from Savings Bank Interest Max Rs. Ten Thousand. This deduction is out there to a private and HUF. […]

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