How to save income tax For F.Y.2021-22 with automatic income tax preparation software in Excel for Govt and Non-Govt employees for F.Y.2021-22

How to save income tax for F.Y 2021-22. We all want to save as much money as possible if it is legally correct. How to save income tax when saving money for taxpayers is probably one of the most searched phrases. Here are some top options every taxpayer should explore to save income tax: Therefore, Get the maximum benefit […]

Deduction U/s Section 80: Income tax exemption With Automatic Income Tax Preparation Software All in One for the West Bengal State Employees for the F.Y.2021-22

Deduction U/s Section 80: Income tax exemption. It sounds a lot more complicated, but it doesn’t have to be. Therefore, The government has offered many exemptions under various sections of the Income Tax Act which you can take for your benefit. But to do that, you need to understand what multiple sections of the Income Tax […]

Rebate and Reliefs under income tax along with Auto Calculate Income tax Preparation Software All in One for the Govt and Non-Govt Employees for F.Y.2021-22

Rebate under section 87A of the Income Tax Act is a provision that helps taxpayers to reduce their tax liability. Therefore, This section is available to the person whose income does not exceed Rs. 5 Lakhs. Above all, The tax liability of a person becomes nil if he claims a rebate under section 87A. HOW TO CALCULATE TAX […]

Auto Calculate Income Tax Salary Arrears Relief Calculator U/s 89(1) with Form 10 E for the F.Y.2021-22

In the case of a salaried person, there may be occasions when the company may delay payment of salary. If this happens, the tax burden for salaried employees may change or increase due to the understanding of past arrears paid in the current year.  Acknowledging this hardship, the government has made provisions to provide relief to salaried employees in case […]

Income Tax Deductions U/S 16 – Standard Deduction, Entertainment Allowance and Professional Tax along with All-State Govt and All Non-Govt Employees Income Tax Preparation Software All in One in Excel for the F.Y.2021-22

Income Tax Deduction U/s 16 of the Income-tax Act, 1961 Section 16 of the Income-tax Act, 1961 provides deduction from taxable income under the heading ‘Salary’. Therefore, It offers discounts for standard deductions, entertainment allowances and professional taxes. Through this deduction, a salaried taxpayer can reduce his taxable salary income applicable to tax. Furthermore, with […]

Deduction under income tax along with Automatic Income Tax Preparation Software in Excel for the Non-Govt(Private) Employees for the F.Y.2021-22 as per Budget 2021

Deduction under income tax.Section 80C – Deduction on Investment Section 80C is the most preferred   category of all income  taxpayers because it allows taxpayers to deduct from tax liability by investing tax savings and  collecting eligible expenses. Therefore, This allows maximum money to be spent 1,50,000 per year from total income. This category may benefit an individual […]

Income tax deduction under Sec 80 CCD (1B) Along with Automatic Income Tax Preparation Software in Excel for the Government and Non-Government Employees for the F.Y.2021-22

Income tax deduction under Sec 80 CCD (1B). According to the rules and regulations of the Income Tax Act 1961, payment of income tax is mandatory for every citizen of India. But that doesn’t mean you have to pay tax on the income you make. In a given financial year. Therefore, there are several provisions under the Income Tax Act that […]

Auto Calculate Income Tax Salary Arrears Relief Calculator U/s 89(1) with Form 10 E for the F.Y.2021-22

Auto Calculate Income Tax Salary Arrears Relief Calculator U/s 89(1), In the case of a salaried person, there may be occasions when the company may delay payment of salary. If this happens, the tax burden for salaried employees may change or increase due to the understanding of past arrears paid in the current year. Acknowledging this hardship, the government has […]

Income Tax Preparation Excel Based Software for the Govt and Non-Govt employees for F.Y.2021-22 and everything about income tax medical facilities for F.Y.2021-22

Automatic Income Tax Preparation Excel Based Software for the Govt and Non-Govt employees. Income tax deduction for payment of health insurance premium is defined under 80D  Therefore, Section 80D of the IT Act provides a rebate of Rs 25,000 on premiums paid for insurance for the health of self, spouse and dependent children.  The Income Tax Act commends […]

Download Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10 E from the F.Y.2000-01 to F.Y.2021-22 and Tax Benefits on Home Loans: Sections 24, 80EEA and 80C

Download Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10 E. There are 2 components to a home loan repayment such as principal repayment and interest repayment. Since there are 2 different components to debt repayment, the tax benefits of a home loan are regulated by different  sections of the Income Tax Act and are claimed as tax […]

Back To Top