·
Govt increases the income tax exemption limit to Rs. 5 lakh per year.
·
No TDS on post office savings up to Rs. 40,000/- U/s 80 TTA
The rebate under section 87A of Income-tax Act 1961, which is available since the assessment year 2014-15 is raised to 5
lakh. A rebate is the amount of tax the taxpayer is not liable to pay. Total
taxable income or net taxable income is the income after taking into account deductions. 2,500.
The amount of rebate is 100% of income tax payable on the total taxable income
of up to 12,500
from existing
Download Automated Income Tax Preparation Excel BasedSoftware for Govt & Non-Govt Employees for the F.Y.2019-20
Download And Prepare At a Time 50 Employees Automated Income Tax Form 16 Part B (Modified Format) [This Excel Utility PrepareAt a time 50 Employees Form 16 Part B in New Format for A.Y. 2020-21]
The main feature of this Excel Utility:-
1)
Prepare At time 50 Employees
Excel Based Form 16 Part A&B ( Modified Format of Form 16 Part B Vide CBDT
Notification No.36/2019 Dated 12/04/2019 ]
2)
All the Amended Income Tax
Section have in this utility as per Budget 2019
3)
You can print individual
Form 16 Part Part B
4)
Most easy to install just
like an Excel File
5)
Easy to Fill all column
6)
Automatic Convert the Amount
to the In-Words