In the Budget 2020 introduced a new Section 115 BAC for the F.Y.2020-21. This Section 115BAC have an option that you can stay in the Old Tax System along with all the Income Tax Exemptions as per the F.Y.2019-20 and you can Opt-in the New Tax Regime Excluding any Exemptions of Income Tax as the previous F.Y. 2019-20 as clearly mentioned in the Budge 2020 U/s 115BAC.
New Income Tax Section 115BAC
As per the Budget, the New Tax Slab is given below U/s 115BAC which introduced in the Budget 2020.
Income Tax New Tax Slab for the F.Y.2020-21
Also it is clear that no relaxation to the Senior Citizen in the New Tax Slab as per U/s 115BAC ( New Tax Regime). We Prepared a Unique Income Tax Preparation Excel Based Software only for the Andhra Pradesh State Govt Employees for the F.Y.2020-21 as per the new Budget 2020 with New and Old Tax Regime U/s 115BAC introduced in the Budget 2020.
Income tax for the Andhra Prades State Employees
Download Automated Income Tax Preparation Excel Based Software All in One for the Andhra Pradesh State Govt. Employees for the Financial Year 2020-21 and Assessment Year 2021-22 U/s 115BAC
Andhrapradesh State Employees Salary Structure
Feature of this Excel Utility:-
1) This Excel Utility Prepare Your Income Tax as per your option U/s 115BAC perfectly.
2) This Excel Utility has the all amended Income Tax Section as per Budget 2020
3) Automated Calculation Income Tax House Rent Exemption U/s 10(13A)
4) Individual Salary Structure as per the Andhra Pradesh State Employees Salary Pattern
5) Individual Salary Sheet
6) Individual Tax Computed Sheet
7) Automated Income Tax Revised Form 16 Part A&B for the F.Y.2020-21
8) Automated Income Tax Revised Form 16 Part B for the F.Y.2020-21
10) Automatic Convert the amount in to the in-words without any Excel Formula
11) Automated Income Tax Salary Arrears Relief Calculation U/s 89(1) with Form 10E From the F.Y.2000-01 to F.Y.2020-2021 ( Updated Version)
