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Showing posts with label New Income tax Standard deduction Rs.40000/-. Show all posts
Showing posts with label New Income tax Standard deduction Rs.40000/-. Show all posts

Monday 1 October 2018


Budget 2018 has created a significant impact on personal finance, in respect of investments, savings, and taxes. It is important to think beyond Section 80C to maximize your income tax benefits. Also, you must align your investments with your tax-saving instruments to get absolute benefits.
Here we have a complete list of tax deductions you can claim under the Income Tax Act, this financial year 2018-19.

Friday 24 August 2018

The New introduce deduction Rs. 40,000/- as a Standard Deduction by the Finance Budget 2018-19. The Income Tax Slab for the Financial Year 2018-19 & Ass Year 2019-20 are as follows:-

Monday 20 August 2018

Budget 2018 Highlights – Major changes you must know

Tuesday 14 August 2018

Click here to Download Automated Income Tax Preparation Excel Based Software All in One for Non-Govt ( Private ) Employees for Financial Year 2018-19 and Assessment Year 2019-20, as per the Budget 2018-19 [ This Excel Utility can prepare at a time your Tax Computed Sheet + Automated H.R.A. Calculation + Automated Income Tax Form 16 Part A&B for F.Y.2018-19 and Form 16 Part B for F.Y.2018-19]


Friday 6 April 2018

April 1, the beginning of the new fiscal 2018-19, brings in some major changes in the tax structure which were announced by Finance Minister Arun Jaitley while presenting the Union Budget 2018.The tax reforms will impact individual taxpayers in a number of ways, such as the standard deduction of Rs 40,000 instead of the transport allowance and medical expenses.