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Showing posts with label Income Tax Calculation FY 2020-21. Show all posts
Showing posts with label Income Tax Calculation FY 2020-21. Show all posts

Saturday 29 August 2020

How to do Income Tax Count for FY 2020-21? Which Tax Structure to Choose U/s 115 BAC?
According to Financial plan 2020, you can't claim any tax deduction or exception on the off chance that you intend to pick a new tax structure. Along these lines, as an individual taxpayer on the off chance that you choose the new tax system with diminishes tax rate you have to swear off all tax breaks available today. Luckily, you have an alternative to proceeding with the old tax structure. A salaried individual can switch among old and new tax structure. 

Saturday 21 March 2020


How to do Income Tax The calculation for FY 2020-21? Which Tax Structure to Select?

According to Taxplan 2020, you can't guarantee any assessment reasoning or exclusion on the off chance that you intend to pick a new Income Tax Slab. Along these lines, as an individual citizen on the off chance that you settle on the new assessment system with a decrease charge rate, you have to do without all tax cuts accessible today. Luckily, you have an alternative to proceeding with old duty structure. A salaried individual can switch among old and new assessment structure.