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Showing posts with label Tax Calculator for Govt and Non-Govt employees for F.Y.2019-20. Show all posts
Showing posts with label Tax Calculator for Govt and Non-Govt employees for F.Y.2019-20. Show all posts

Thursday 24 October 2019


Who is eligible for deduction u/s 80GG?

Only an individual can claim deduction under section 80GG. He can be a self-employed person.
Alternatively, he can be an employee who does not get HRA from the employer.

Tuesday 24 September 2019


People often change their jobs for various reasons. If you have switched your job in the middle of the financial year, you will have to provide details of your previous salary earned along with tax deductions to the new employer through Form 12B. When you submit your Form 12B, your  the current employer can deduct the correct amount of TDS or Tax Deducted at Source from your salary. Every new employee has to submit Form 12B to their new employer along with proofs of all the investments made before 31st March.