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Showing posts with label New Standard Deduction Rs.40000/- for F.Y.2018-19. Show all posts
Showing posts with label New Standard Deduction Rs.40000/- for F.Y.2018-19. Show all posts

Monday, 22 October 2018

When the government introduced the Union budget on February 1, 2018, it opened up some new avenues to save taxes. The government made various amendments to the tax laws to give some relief to the taxpayers. This article by H&R Block India will help you understand the 5 new or amended tax benefits announced by the government in the Union Budget 2018. 

Thursday, 4 October 2018


Income Tax Deductions

Tax deduction is a reduction in tax obligation from your gross taxable income. Tax deductions are deducted from taxable income which is also known as adjusted gross income. Tax deduction varies in amount as different incomes are treated differently under various sections of income tax act.

Sunday, 30 September 2018

When the government introduced the Union budget on February 1, 2018, it opened up some new avenues to save taxes. The government made various amendments to the tax laws to give some relief to the taxpayers. This article by H&R Block India will help you understand the 5 new or amended tax benefits announced by the government in the Union Budget 2018. 

Friday, 14 September 2018

What is the Maximum Income Tax I can save for this Year (FY 2018-19)? A question I am often asked. Tax laws keep changing year on year, especially in Budget. In this post, we summarize all the tax saving sections. 

Tuesday, 4 September 2018

With the start of New Year, it is time to prepare for the income tax Liability for the assessment year (AY) 2019-20. To avoid last-minute investments in order to save taxes, it is advisable to plan your financial goals well in advance and work on them throughout the year.

Wednesday, 15 August 2018

Click here to Download Automated 100 Employees Master of Form 16 Part A & B for Financial Year 2018-19 and Assessment Year 2019-20

[This Excel Based Software can prepare at a time 100 employees Form 16 Part A&B for the Financial Year 2018-19 and Assessment Year 2019-20.]


Saturday, 11 August 2018

As per the Finance Budget 2018-19 some changes in the Income Tax, The taxpayers can get extra Forty Thousand as newly re-introduce of Standart Deduction of Rs. 40,000/-. The Tax Slab as the same as the previous financial year 2017-18.

Saturday, 30 June 2018

If you are a salaried people, you have many ways to save tax. The allowances are one of the best ways to reduce the tax outgo. However, the tax saving from the allowances depends upon your employer. Because the only employer can decide to give you a particular allowance. If there is an allowance in your salary structure only then you can avail tax benefit.

Tuesday, 3 April 2018

If you are a salaried people, you have many ways to save tax. The allowances are one of the best ways to reduce the tax outgo. However, the tax saving from the allowances depends upon your employer. Because the only employer can decide to give you a particular allowance. If there is an allowance in your salary structure only then you can avail tax benefit.