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Wednesday, 10 April 2019

The assessment Year 2019-20 is here the "Best Tax Saving Investments". Sadly there is no straight response to this. The best speculation is diverse for various individuals and is lined up with their arrival desires, chance-taking capacity, individual conditions, and arrangement with their monetary objectives in addition to other things.

Sunday, 7 April 2019

I am a certain larger part of perusers of this blog would have PAN Number (Permanent Account Number) issued by the Income Tax Department. Be that as it may, do you realize what do the digits in PAN Number mean?

Friday, 5 April 2019

Section 80GG is one of the lesser-known sections which can be used by taxpayers to lessen their tax burden by claiming tax exemption for rent paid (in case HRA is not part of salary). This section can be used to be either a salaried/pensioner or self-employed taxpayers.

Thursday, 4 April 2019

A resident individual can claim a rebate from income-tax under section 87A. Currently, this rebate is available only if his total income does not exceed Rs.3,50,000.

Wednesday, 3 April 2019

The Union Budget of 2019 looks for the salaried class this time. Piyush Goyal is delegated as the between time fund serve in light of the fact that Arun Jaitley is experiencing treatment in the United States. On one hand, Piyush Goyal proposed to build a Standard Deduction of Rs 50,000/ - which will be deducted from the assessable salary of workers which is a reference to the salaried class. Then again, there is no adjustment in the Tax piece, anyway the refund u/s 87A is been changed to Rs.12,500/ - from existing Rs.2500/-.

Tuesday, 2 April 2019

Standard Deduction For the Salaried People. This Deduction was presented in the financial plan in 2018. Later in 2019, the administration has improved this reasoning. As a result of this reasoning, the general population who wins month to month pay can guarantee a fixed derivation of Rs.50 thousand from their all-out pay. It results in a decrease in expense obligation. In light of this finding, the paid duty can diminish up to Rs.15,000.
Here is the finished unravel of Union Budget 20019, which gives explicit subtleties of how the spending impacts a typical man