It is the grateful news that Due to Covit- 19 the Income Tax extended the time for Filling the Tax Return and given the Form 16 to the Employees of all of the Employers up …
The income Tax return has to be filed by each eligible candidate as per rules and regulations. The income tax rules for the new financial year 2020-21 have undergone some major changes. Since April 1, …
As per the West Bengal Finance Department has changed the Pension Form Single Comprehensive Form in a new modified format vide Notification No. 416-F, Dated 09/08/2019. Some of the particulars added in this New Form, …
The new tax changed has reduced the income tax rate for new slabs and individual slabs from separate income to Rs 2,000. If any taxpayer chooses the aforesaid exemption and deductions option, then Rs. 15 …
Chapter VI of the Income-tax Act contains various sub-sections of Article 70 which allow an assessor to claim exemption from total income. Section VI of the Income-tax Act contains various sub-sections of section 80 which …
The Finance Minister mentioned in his 2020 budget speech that he had simplified the income tax structure. Unfortunately, this is far from the truth. What has happened is that the budget has given you another option to calculate …
The West Bengal Finance Department has published the New Single Comprehensive Form in Revised Format as per the ROPA 2019 and this Form use after 01/01/2016. Click here to Download the Revised Format from the …
The amount paid as head of salary arrears of employment, have you considered tax deduction under section 89 (1) on salary arrears: no, Most of us do not know what relief is under 89. Most …
Planning for your income tax or calculating your income tax liabilities seems like a very difficult task to many of us. If you believe in this myth then surely 2020 the budget of money will …
After Budget 2020, what are the NPS tax benefits under Sec-CCD (1), 60 CCD (2) and 60 CCD (1B) and especially if you have chosen a new tax discipline? Let’s understand the changes in detail. …
