The New Financial Year
2014-15 and Assessment Year 2015-16 has already started from the 1st
April 2014 which will be end of the March 2015.
Income Tax 2014-15 – what are all
the changes affecting Salaried Employees ? – Highlights of Changes announced in
Budget 2014 and Finance Bill 2014 as far as Income Tax Provisions relating to
Salaried Employees, Tax Rebate Rs. 2,000/-U/s 87A is available in the Financial
Year 2014-15 and up to Rs. Ten Thousand can get relief from Savings Bank
Interest also.Extend the Limit of Section 80 C from 1 lakh to 1 lakh and fifty
thousand from this Financial Year.
Given below the Income Tax Calculator with the Automated Master
of Form 16 Part B which can Prepare at a time 50 employees Form 16 Part B automatically
after filling the employee’s Salary Data. This Excel Based Software most easy
to generate and you can keep this Form 16 Part
Part B for giving the same on the month of April 2015.
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