What is Form 16? Form 16 Parts, Types, Eligibility, and Benefits | Form 16 is a type of document issued by an employer to its salaried employees when they file their income tax return for a particular financial year. Form 16 Part B must be filled by the deductor U/s 203 of the Income-tax Act, 1961 if the […]
What is the new tax regime for the F.Y.2023-24 and A.Y.2024-25 with Auto Calculate Income Tax Preparation Excel-Based Software All in One for the Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25
The central government introduced a new tax regime with concessional tax rates under the section 115BAC in the 2020 budget. Therefore, In the income tax regime of UnionBudget 2023, the government has made the following important changes for the financial year (F.Y) 2023-24: Therefore, Complete exemption from income tax up to Rs. 7 lakhs has been provided under […]
Tax Exemption as per the old tax regime for the F.Y.2023-24 and A.Y.2024-25 with Auto Calculate Income Tax Preparation Software All in One for the Non-Govt Employees for the F.Y.2023-24
Tax Exemptions as per old tax regime for the F.Y.2023-24 and A.Y.2024-25 | When it comes to tax planning, deductions under Section 80C, 80CCC, 80CCD, and 80D are some of the most popular options for tax savings. These deductions allow taxpayers to reduce their tax base by investing in various financial instruments and insurance policies. You may also Download – Automated […]
What is the new tax regime for the F.Y.2023-24 and A.Y.2024-25 with Auto Calculate Income Tax Preparation Excel-Based Software All in One for the Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25
The central government introduced a new tax regime with concessional tax rates under the section 115BAC in the 2020 budget. Therefore, In the income tax regime of UnionBudget 2023, the government has made the following important changes for the financial year (F.Y) 2023-24: Therefore, Complete exemption from income tax up to Rs. 7 lakhs has been provided under […]
Income Tax Exemption from income on salary with Auto Calculated Income Tax Preparation Software in Excel for the Government and Non-Government Employees for the F.Y.2023-24 and A.Y.2024-25 as per Budget 2023
Income Tax Exemption from Income on Salary |Housing Allowance-HRA [Section 10(13A) and Rule 2A]. Prescribed special grants which are exempt to some extent – Section 10(14). Entertainment exemption, Exemption in case of certain individuals You may also like-Download and Prepare at a time 50 Employees Form 16 Part B for the Financial Year 2022-23 Therefore, Grants that are fully […]
Non-Taxable Income- Big Update! The 5 Income Tax Exempt, Income Tax Dept Gives Exemption, Know What Tax-Free Earnings Are
Non-Taxable Income- Big Update! The Income Tax Department in India does not levy any tax on income earned through other services. But that has different features and limitations. As the deadline for filing income tax returns approaches, it’s important to know. Tax-Free Income: Every income taxpayer is always looking for ways to save on income tax. For this, […]
Download Income Tax Preparation Software in Excel for F.Y 2023-24 and A.Y 2024-25 with Section 80GG: Deduction on payment of rent.
Download Income Tax Preparation Software in Excel for F.Y 2023-24 and A.Y 2024-25 with Section 80GG: Deduction on payment of rent. Download Automated Income Tax Preparation Excel-Based Software All in One for the Government & Non-Government (Private) Employees for the F.Y.2023-24 and A.Y.2024-25 Features of this Excel Utility:- 1) This Excel utility prepares and calculates your […]
The changes to the income tax rules are big! Check the list of A.Y.2024-25 with automatic income tax calculation preparation software in Excel for Government and Non-Government employees for the tax year 2023-24 and A.Y.2024-25
The changes to the income tax rules are big! See listing for A.Y.2024-25 | There are several changes to the income tax rules that are in effect as of this fiscal year. Changes in the income tax slab to a high tax deduction cap, and the absence of LTCG tax benefits in certain debt mutual funds are some of […]
Senior citizens with only Fixed Deposit income have to file ITR for A.Y 2023- 24 with Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E for the F.Y.2023-24 and A.Y.2024-25
Senior citizens with only Fixed Deposit income have to file ITR for A.Y 2023- 24 | Though Sr. Citizens who still have Fixed Deposit income below the introductory impunity limit don’t have to file an Income tax Return( ITR), they’ve to do so to claim a refund if the bank subtracted TDS from the interest earned on these […]
Income tax rebate U/s 87A with Auto Calculate Income Tax preparation software in Excel for the Govt and Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25
Income tax rebate U/s 87A | In 2013-14, the Government of India introduced a rebate U/s 87A. Therefore, This deduction helps in reducing the taxpayer’s income tax. It is a benefit provided by the government to provide incentives and relief to certain categories of taxpayers. In other words, In Budget 2023, the government has announced that anyone who opts for the […]