Tag: Free download Tax Form 16

Standard Deduction U/s 16(ia) | With Automated Income Tax Form 16 Preparation Excel Based Software for the F.Y.2021-22

Standard Deduction U/s 16(ia) | Section 16 of the Income Tax Act 1961 provides for a  deduction from income charged to tax under the heading “salaries”. Provides deductions for  the standard deduction, leisure allowance, and occupational tax. Through this deduction, a  salaried taxpayer can reduce his or her taxable salary income. Moreover, with recent modifications to the standard deduction, the interest of this […]

Tax Exemption on Interest U/s 80TTA | With Automatic Income Tax Form 16 for the F.Y.2021-22

 Tax Exemption on Interest U/s 80TTA | We all have a tendency to check the amount of interest earned  on savings accounts during the year, but do we know how this interest is calculated and the tax on  interest on savings accounts that is due? In this article, we will try to give you an idea of […]

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