As per the Previous Years, this Financial year's also prepare the All in One TDS on Salary for the West Bengal Govt employees for the Financial Year 2014-15. This Excel Based Software can prepare at a time your Tax Compute sheet+ Individual Salary Structure as per W.B.Govt employees Salary Pattern + Automatic Calculate House Rent Exemption U/s 10(13A) +Automated Form 16 Part A&B and Form 16 Part B.
As per the Central Finance Budget 2014, the Tax Slab has already increased up to Rs. 2.5 lakh and also Raised the deduction U/s 80C up to Rs. 1.5 Lakh. In this Finance Budget also introduce the deduction KVP(Kissan Vikas Patra) Under Section 80C.
The Tax Rebate U/s 87A will continue in this year also as the previous year.This Tax Rebate Rs.2000/- can get relief who's taxable income less than 5 Lakh. More Effective than the Section 80EE can get extra relief from House Building Loan Interest w.e.f. 1/4/2013 and on-wards.