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Saturday, 16 March 2019

What is the zero % taxation block now? Is it 2.5 Lakh or is it 5 lakh? is that the government right to say the zero % taxation block has currently redoubled to 5 lakh? There has been hostility and anger regarding the interim budget proposals conferred on first February 2019, naturally by those earning over 5 lakhs a year! Those annoying messages regarding however one will cut back taxation to zero are once more doing the rounds. Let try and learn the answers to those queries.

Friday, 15 March 2019

The Income Tax Department informed another organization, involving Part An and Part B, for Form 16 of every 2013. As you would know, Part An originates from the TRACES site while Part B is made by the business. There are pay and expense subtleties in both Part An and Part B. Indeed, even following a long time since the new arrangement was presented, we find numerous finance chiefs not being clear about the premise of compensation and assessment figures in Part An and Part B of Form 16.

Thursday, 14 March 2019

Section 80GG is one among known sections which may be utilized by taxpayers to reduce their tax burden by means of claiming tax exemption for lease paid (in case HRA is not part of earnings). this Section may be used by being both salaried/pensioner or self-hired taxpayers 

Wednesday, 13 March 2019

Between time Budget 2019-20 and the Finance Bill 2019 have been postponed in Parliament. The Income Tax Slab rates have been kept unaltered by the Finance Minister for the Financial Year 2019-20 (Assessment Year 2020-2021).

Tuesday, 12 March 2019

Interval Budget 2019-20 and the Finance Bill 2019 have been postponed in Parliament. The Income Tax Slab rates have been kept unaltered by the Finance Minister for the Financial Year 2019-20 (Assessment Year 2020-2021).

Monday, 11 March 2019

Interval Budget 2019-20 and the Finance Bill 2019 have been postponed in Parliament. The Income Tax Slab rates have been kept unaltered by the Finance Minister for the Financial Year 2019-20 (Assessment Year 2020-2021).

Sunday, 10 March 2019

Finance Minister Piyush Goyal exhibited India's financial plan for the budgetary year 2019-20 on first of February, 2019. Being a between time spending plan, no significant strategy declarations were normal or produced using this financial plan. Be that as it may, being the last spending plan of the present government, there were added a few desires for additional sops to charm the voters.