The much-awaited Budget 2024 was presented on July 23, 2024, bringing with it several significant changes that will directly impact personal finance, particularly for salaried individuals. Whether you’re a first-time employee or a seasoned professional, these changes are set to affect how you manage your finances for the fiscal year 2024-25. Therefore, In this article, […]
Income Tax
Download Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E in Excel for F.Y.2024-25
Income tax can sometimes be con¥fusing, especially when dealing with arrears and additional calculations. Have you found yourself wondering, “How do I calculate the tax relief for arrears?” You’re not alone. The good news is that there’s an easier way to handle it – an Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form […]
Income Tax
Download Automated Income Tax Calculator All in One for the Government and Non-Government Employees in Excel for F.Y. 2024-25
The Income Tax system in India requires all salaried individuals, whether government or non-government employees, to calculate and file their taxes accurately. Many find this process daunting, especially with changing tax slabs and exemptions every financial year. To simplify the computation of income tax liabilities, automated income tax calculators in Excel format serve as valuable […]
Income Tax
Download Automated Income Tax Calculator All in One for All Salaried Persons as per Budget 2024-25 for F.Y. 2024-25
Income tax can be tricky, right? For salaried individuals, staying updated on the latest tax changes is crucial to avoid last-minute panic during tax season. The Budget 2024-25 has introduced new tax reforms, and with that comes the need for updated tools to calculate your taxes accurately. That’s where the Automated Income Tax Calculator comes […]
Income Tax
How to Calculate Income Tax Arrears Relief U/s 89(1) with an Automatic Arrears Relief Calculator in Excel with Form 10E for F.Y. 2024-25 as per Budget 2024
Introduction to Income Tax Arrears Relief U/s 89(1) Calculating income tax can be a daunting task, especially when you have income from different periods due to arrears. Thankfully, Section 89(1) of the Income Tax Act offers relief in such situations. This article will guide you on how to calculate Income Tax Arrears Relief under Section […]
Income Tax
How to Calculate Income Tax Arrears Relief U/s 89(1) with an Automatic Arrears Relief Calculator in Excel with Form 10E for F.Y. 2024-25 as per Budget 2024
Introduction to Income Tax Arrears Relief U/s 89(1) Calculating income tax can be a daunting task, especially when you have income from different periods due to arrears. Thankfully, Section 89(1) of the Income Tax Act offers relief in such situations. This article will guide you on how to calculate Income Tax Arrears Relief under Section […]
Income Tax
Download Automatic Income Tax Preparation Excel-Based Software All in One for the West Bengal Govt Employees for the F.Y.2024-25 as per New Tax Slab
Introduction Proper tax preparation is crucial for ensuring compliance with tax regulations and maximizing your financial benefits. For government employees in West Bengal, this task can be particularly complex, given the frequent updates to tax slabs and deductions. Therefore, thankfully, Automatic Income Tax Preparation Excel-based software offers a comprehensive solution, streamlining the entire process. What […]
Income Tax
Download Automatic Income Tax Arrears Relief Calculator U/s 89(I) with Form 10E in Excel from the F.Y. 2000-01 to F.Y.2024-25(Updated Version)
Are you wondering how to manage your income tax arrears relief for the financial year 2024-25? The process can seem complicated, but don’t worry! In this article, we’ll introduce you to a simple tool that can help—an Automatic Income Tax Arrears Relief Calculator U/s 89(I) in Excel, paired with Form 10E. Therefore, This tool is designed […]
Income Tax
Download Automatic Income Tax Calculator All-in-One in Excel for All Salaried Persons for F.Y. 2024-25 as per Budget 2024
Introduction The financial year 2024-25 is here, and for salaried individuals, this means it’s time to start planning for income tax. Effective tax planning is crucial for ensuring you don’t pay more than you need to, and it helps in maximizing your savings. But calculating your income tax can be a daunting task, especially with […]
Income Tax
Prepare at a time Income Tax Computed Sheet with Salary Sheet + Automatic Arrears Relief Calculation U\s 89(1) +Form 10E + Automatic H.R.A. Calculation U/s 10(13A) + Form16 Part A&B and Form 16 Part B for All Govt and Non-Govt Employees for the F.Y. 2024-25
Standard deduction Rs.50,000/- U/s 16(ia) in the old tax regime and Rs. 75000/- for the New Tax Regime as per budget 2024. All salaried workers will be subject to tax depending on the effective slab rates on their total income covered under the old or new tax regime. Salaried employees must file their income tax […]