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Tuesday, 25 August 2020


Income Tax Slabs


In the Budget 2020 is Introduce a new Section 115 BAC in this Budget 2020, where taxpayers can opt for all the alternative benefits (as in the old tax regime) or opt-in to the new tax regime, where they cannot qualify for the tax exemption.

Monday, 24 August 2020


The new income tax regime announced in Budget, give an option to individuals and Hindu Unified Families (HUFs) to be taxed at lower rates on the off chance that they don't profit determined exclusions and reasoning’s

Saturday, 22 August 2020


When a new tax regime was reported in Money Bill, 2020 people got inquisitive and began calling their specialists to ask what tax  regime they ought to pick and what is the new tax regime and is it for everybody or not.

Friday, 21 August 2020


From F.Y 2020-21, you can decide to pay income tax under an optional new tax regime. As per Income Tax Section 115 BAC, the new tax regime is allowable for people and HUFs. Poor tax slab has no deductions or exclusions is the key element. Arrangements of the new tax regime are secured under section 115BAC. 

Tuesday, 18 August 2020


Section 80C of Income Tax Act, 1961 discussions about findings of tax. The Section 80C straightforwardly lessens the taxable income due to the section 80C the tax obligation descends definitely. 

Sunday, 16 August 2020


In the midst of the progressing helpful and economic steps to address the effect of COVID-19, the government has also taken a a large number of measures to guarantee that individuals from various strolls of society doesn't feel the touch of the lock down forced because of the pandemic.

Thursday, 13 August 2020


House Rent Allowance (HRA) is generally considered as a part of the salaried persons and is generally added in the salary structure to help the individual to save taxes. House rent allowance conclusion is given under section 10(13A) of the Personal Tax Act as per Rule 2A of the Annual Tax Rules.