• October 18, 2021
Income Tax Deductions

Tax benefits for F.Y.2021-22 as per Budget 2021. With Automatic Income Tax Preparation Software All in One in Excel for the Non-Govt (PSU) Employees for F.Y.201-22

Tax benefits for the F.Y2021-22 as per Budget 2021. Therefore, Income Tax Reduction for A.Y 2022-23: See the list of tax deductions below that you can claim for various payments, income and investments. The following exemption is available for opting for the Old Tax Regime only. 1. Income from home property  In other words, Exemption from house building loan Interest…

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Income Tax Deductions

Income Tax Planning Salaried Persons for F.Y.2021-22.With Automated Income Tax Preparation Software All in One in Excel for the Govt and Non-Govt Employees for F.Y.2021-22

Income Tax Planning Salaried Persons for F.Y.2021-22.No change in income tax slab or rate has been proposed. Also, no additional tax exemptions or exemptions were introduced. The standard deduction for U/s 16(ia) salaried and pensioners remains the same. Without any change in income tax slab and rate and basic exemption limit. An individual taxpayer will continue to pay taxes at the same…

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Income Tax Deductions

Provision and explains of Section 115 BAC and Options Form 10-IE With Automated Income Tax Preparation Software all in one in Excel for the Govt and Non-Govt Employees for F.Y.2021-22

Provision and explanation of Section 115 BAC and Options Form 10-IE. In this article, we will mainly understand Article 115BAC and Form 10-IE. Finance Budget, 2020 introduces a new tax regime. The F.M. has declared a new tax slab for individuals, HUFs. Therefore,  the Government has proposed two sections for the new tax slab: 115BAC: Section has …

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Form 10 E

Under Section 80D Health Insurance Tax Benefit. With Auto Fill Income Tax Preparation Software All in One in Excel for the F.Y.2021-22

Under Section 80D Health Insurance Tax Benefit. Although people in their 20s and 30s now understand the importance of health insurance, many of them remain ignorant about it. They believe that health insurance is for the elderly and that it is an unnecessary investment. But young people as young as 20 are now suffering from serious health…

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Download Automated Income Tax Revised Form 16 Part B for F.Y 2020-21 as per new and old tax regime U/s 115BAC

Budget 2020 has introduced a new system new and an old tax regime U/s 115 BAC. A new analysis of accessible income tax rates as per new section 115 BAC, limits and limits accessible 2020 the financial plan proposes a new income tax system for individuals and HUFs. This plan furnishes taxpayers with an option to…

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Download Automated Income Tax Revised Form 16 for F.Y2020-21 as per new and old tax regime U/s 115 BAC

Budget 2020 has introduced a new system new and old tax regime U/s 115 BAC. A new analysis of available income tax rates, discounts and discounts available The 2020 budget proposes a new income tax system for individuals and HUFs. This scheme provides taxpayers with an option to pay tax at a reduced rate subject to certain…

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Budget 2021 Key Highlights| with Automated Master of Form 16 Part B for F/Y 2020-21

Budget 2021 Key highlights. The Finance Minister of India has presented the Union General Budget 2021-22 in Parliament today. Please note that there has been no change in the personal income tax structure. Effective from the fiscal year 2020-21, individual tax assessors have the option of availing new tax slab rates by carrying existing income tax exemptions and concessions…

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Old Vs New Income Tax Regime| with Automated income Tax Software in Excel for F.Y.2020-21

Old Vs New Income Tax Regime. A new income tax system was introduced by our qualified Finance Minister. Nirmala Sitharaman in the 2020 budget with more tax slabs and lower tax rates. It was introduced to remove citizen dependence on tax advisors and to simplify the tax structure. The new tax system is separate and has reduced the tax…

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What is Form 16? With Automated Income Tax Revised Form 16 in Excel for the F.Y.2020-21 with new and old tax regime U/s 115 BAC

What is income Tax Form 16? Consistently your employer will give this archive. It is quite possibly the main income tax form16 for the salaried people. Form 16 comes u/s 203 of the Income Tax Act,1961 and is an authentication given by your employer which affirms details in regards to the salary you have acquired between the financial year…

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Exemption for LTC Cash Scheme Budget 2021| with Automated Income Tax Form 16 for the F|Y 2020-21

Exemption for LTC Money Plan Budget 2021| Therefore, under the current courses of action of the Act, stipulation (5) of section 10 of the Act obliges exemption in respect of the assessment of movement concession or help got by or due to a specialist from his chief or past administrator for himself and his family,…

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