Breaking News
Loading...
Share It

Enter your email address:

Powered by Feedio

Showing posts with label Tax Software for West Bengal Govt employees for F.Y.2019-20. Show all posts
Showing posts with label Tax Software for West Bengal Govt employees for F.Y.2019-20. Show all posts

Wednesday 15 January 2020


As per the Finance Budget 2019, some Important Income Tax Section and Income Tax Rebate has changed.
1) Income Tax Slab for the Financial Year 2019-20 is Same as Previous F.Y.2018-19
2) Raised the Income Tax Rebate U/s 87A up to Rs. 12,500/- who's Taxable Income less than 5 Lakh.
3) Raised the Income Tax Standard Deduction U/s16(ia) from Rs. 40,000/- to  50,000/-
4) Raised the Tax Exemption from the Bank/Post Office Savings Interest from 10,000/- to 50,000/-
5) Introduce New Section 80EEA for New Home Loan Interest Rs.1.5 Lakh.

Sunday 5 January 2020


As per the Finance Budget 2019, some Important Income Tax Section and Income Tax Rebate have changed. The Major modification including the Income Tax Slab Rate for the F.Y. 2019-20 is given below.