Tag Archives: Download Auto Calculate Income Tax Calculator for the Non-Govt Employees F.Y.2023-24

U/s 80GG – Tax benefits on paid house rent for self-employed persons| With Income Tax Auto Calculate Arrears Relief Calculator U/s 89(1) from the F.Y.2000-01 to F.Y.2023-24

80GG

U/s 80GG – Tax benefits on paid house rent for self-employed persons. When it comes to tax  deductions for people living in rented properties, there is good news for both salaried and self- employed people. While salaried taxpayers can claim a tax credit exemption (HRA), self-employed  individuals are also subject to the tax exemption provision. Let’s explore […]

Download Auto Calculate and Automatic Income Tax Preparation Software in Excel for the Govt and Non-Govt Employees for the F.Y.2023-24 with  Benefits to New Tax Regime U/s 115 BAC for the F.Y.2023-24 as per Budget 2023

Tax Rebate

Download Auto Calculate and Automatic Income Tax Preparation Software in Excel for the Govt and Non-Govt Employees for the F.Y.2023-24 with  Benefits to New Tax Regime U/s 115 BAC for the F.Y.2023-24 as per Budget 2023 |The Finance Bill 2023, presented by Mr. FM on February 1, 2023, proposes changes in the area of Personal Taxation to make the new 115BAC personal […]

Section 87A allowed the New Tax Regime up to Rs.25000/- as per Budget 2023| With Auto Calculate Income Tax Preparation Software in Excel for the Non-Govt(Private) Employees for the F.Y.2023-24 and A.Y.2024-25 as per Budget 2023

NEW AND OLD TAX REGIME

Section 87A allowed the New Tax Regime up to Rs.25000/- whose taxable Income is not above 7  Lakh as per Budget2023| If your taxable income is less than Rs 5 lakh in tax year 2022-23 (accounting  year 2023-24),  Therefore, you may be eligible for a tax rebate under Section 87A of the Tax Act of Income of 1961. This reduction can […]

Some major changes in the New Income Tax Regime for the F.Y.2023-24 and A.Y.2024-25 as per Budget 2023|With Auto Calculate and Auto Income Tax Preparation Software in Excel for the Non-Govt Employees for the F.Y.2023-24 and A.Y.2024

NEW AND OLD TAX REGIME

Some major changes in the New Income Tax Regime for the F.Y.2023-24 and A.Y.2024-25 as per Budget 2023|From April 1, 2023, the new fiscal year 2023-24 will begin. Union Finance Minister Nirmala Sitharaman’s Budget announcements will come into effect from April 1. Therefore, Here’s a brief overview of the income tax changes that will affect taxpayers in 2023-24. 1. In […]

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

NEW AND OLD TAX REGIME

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

New deduction

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 […]

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

Save Tax

 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 […]

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.

Tax Slab for A.Y. 2023-24

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 […]

Download Auto Calculate Income Tax Preparation Software in Excel All in One for the Non-Government Employees for the F.Y.2023-24 and A.Y.2024-25 With Details of Section 115BAC of the Income Tax Act known as the new tax regime

Income Tax

 Download Auto Calculate Income Tax Preparation Software in Excel All in One for the Non-Government Employees for the F.Y.2023-24 and A.Y.2024-25 | Therefore, Section 115BAC of the Income Tax Act is known as the new tax regime| Those opting for the new tax regime should be aware of Section 115BAC of the Income Tax Act, 1961. Section 115 BAC […]

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

Fixed deposit

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 deposits.  The introductory […]