Old vs New Income Tax Regime Which Tax Regime is Better for the A.Y.2024-25? In the Finance Bill, 2023 New Tax Regime has been introduced with some benefits compared to the previous New Tax Regime. The earlier New Tax regime was not so attractive but the latest amendment has made this new regime more attractive to change from the […]
Income tax exemptions and deductions allowed to a salaried person under the old tax regime for the financial year 2023-24 with Auto Calculate Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E for the F.Y.2023-24
Welcome to our guide to Indian income tax allowances and deductions. As taxpayers, it is important to understand the various deductions and deductions available to us as they can significantly reduce our tax liability. In this article, we cover everything you need to know about income tax deductions and credits so that you can make […]
What is Form 16? Download Automatic Income Tax Form 16 Part A&B and Part B for F.Y.2022-23 in Excel
What is Form 16? Form 16 Parts, Types, Eligibility, and Benefits | Form 16 is a type of document issued by an employer to its salaried employees when they file their income tax return for a particular financial year. Form 16 Part B must be filled by the deductor U/s 203 of the Income-tax Act, 1961 if the […]
Instantly download Form 16 for 50 or 100 employees, part A and B or part B for the financial year 2022-23 according to the new and old tax regime U/s 115 BAC
Download and Prepare 16 Forms Part B or Part A, Part A and Part B or Part B for Financial Year 2022- 23 for 50 employees or 100 employees at a time | Therefore, In the financial year 2022-23, the CBDT (Board of Direct Taxes) has made an amendment in the rule 16 form “Payment of TDS authentication”. A separately paid department […]
Old vs. New Income Tax Slab: Salary Is Best for A.Y.2024-25 and checks your tax liability by this Excel Utility for the F.Y.2023-24 and A.Y.2024-25
Old vs. New Income Tax Slab – Everyone’s eyes are on the tax slab and the budget. Currently, there are two income tax slabs in the country. There are different provisions in both cases. If a person’s salary is 50 thousand, then how much tax will be deducted from the new or old tax slab? […]
Income tax benefits for the Senior Citizen with Auto Calculate Income Tax Preparation Software All in One in Excel for the Government & Non-Government Employees for the F.Y.2023-24 and A.Y.2024-25
Income tax benefits for Senior Citizens. Whether we like it or not, we all worry about the future and make many choices to save and invest so we can have a secure future. So much of what we are doing today is not only contributing to our development but also to the development of the […]
Everything you need to know about Form 16 – TDS Certificate for Salary| With Auto Calculate Income Tax Form 16 Part A&B and Part B for the F.Y.2022-23 & A.Y.2023-24 in Excel
Everything you need to know about Form 16: TDS Certificate for Salary | Employers issue Form 16 TDS certificates to their employees. It is proof of the deduction of tax at source from the employee’s salary. Furthermore, the genesis of this form can be seen in section203 of the Income Tax Act 1961 as TDS. It is a […]
Old versus new tax scheme according to relevant 2023 budget| With automatic calculation of Income Tax Arrears Relief Calculator of U/s 89(1) with Form 10E for F.Y 2023-24 and A.Y 2024-25
Old versus new tax scheme according to relevant 2023 Budget| The Minister of Finance has announced a new tax regime in the 2020 budget, including additional tax brackets and lower tax rates. Many taxpayers had long requested it, but it came with the condition that all deductions and exemptions allowed under the old tax system […]
Tax benefits of New and Old Tax Regime as per Budget 2023| With Auto Calculate Income Tax Preparation Software All in One in Excel for all the salaried persons for the F.Y.2023-24 & A.Y.2024-25
Tax benefits of New and Old Tax Regime as per Budget 2023| According to the actual Tax Slab on your total income found under the old or new tax system, each salaried employee will be subject to tax. Payroll employees must file income tax returns at the beginning of the 2023-2024 tax year because, after […]
Relief for taxpayers who marginally earn more than Rs 7 lakh as per Budget 2023 | With Auto Calculate Income Tax Preparation Software All in One for the Government and Non-Government Employees for the F.Y.2023-24 and A.Y.2024-25
Relief for taxpayers who marginally earn more than Rs 7 lakh as per Budget 2023| People earning income marginally above the maximum tax of Rs 7 is required to pay tax only on differential income. Providing relief to taxpayers opting for a new tax system, the government amended the Finance Bill 2023 and passed it in the Lok […]
