Conclusion under segment 80C for A.Y.2020-21, A.Y.2019-20, A.Y.2018-19/A.Y.2017-18/A.Y.2016-17. We realize that you are particularly intrigued to know the derivation from gross complete pay to figure overall gain charge. As we will examine just here derivation under segment 80C in detail.
Saturday, 9 March 2019
Friday, 8 March 2019
When
the government introduced the Union budget on February 1, 2018, it
opened up some new avenues to save taxes. The government made various
amendments in the tax laws to give some relief to the taxpayers. This
article by H&R Block India
Thursday, 7 March 2019
Sunday, 3 March 2019
Each individual needs to spare duty. Along these lines, a portion of the general population attempt to dodge the charge, which isn't right for the benefit of a dependable resident of a nation. For sparing duty the most widely recognized and most ideal way is the utilization of segment 80C of the pay charge act,1962. Section 80C is the segment which gives each individual a few conclusions from the assessable salary which causes each person to spare expense. The greatest furthest reaches of Section 80C is Rs.1,50,000. This much farthest point could spare duty a great deal as this may help a portion of the person to get in lower chunk rate.
Saturday, 2 March 2019
The Major changes within the income tax is as beneath in the Finance Budget 2019.
1. No modification in revenue enhancement slabs
2. No changes in deductions out there to people
3. Normal deduction for salaried staff has been projected to be inflated to Rs 50000 from Rs 40000
4. Rebate from revenue enhancement has been allowed most up to Rs 12500 u/s 87A to assessee having the financial gain up to Rs 500000/-.
Friday, 1 March 2019
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